February 4, 2019

Starboard chief Smith steps in at Papa John’s

Hedge fund Starboard Value LP has picked up a $200 million stake in Papa John’s International Inc and its Chief Executive Officer Jeffrey Smith will take […]
February 4, 2019

Papa John’s rejects investment offer by founder John Schnatter

Papa John’s International Inc’s founder John Schnatter said on Monday the pizza chain rejected an investment offer of up to $250 million from him. Powered by […]
February 4, 2019

Tesla to buy battery tech maker Maxwell Technologies for $218 million

Tesla Inc is buying Maxwell Technologies Inc for $218 million in an all-stock deal that will help the electric car maker beef up its battery technology […]
February 4, 2019

UK promised Nissan 80 million pounds of support for 2016 car investment: FT

Britain promised about 80 million pounds ($104 million) in support to Nissan in 2016 as part of a major investment by the Japanese carmaker in its […]
February 4, 2019

Improving profitability at Deutsche Bank is biggest challenge: S&P

Standard & Poor’s left its ratings on Deutsche Bank unchanged on Monday and said profitability is the lender’s biggest hurdle. Powered by WPeMatico
February 4, 2019

Two Huawei staff expelled from Denmark after work permit inspection

Danish authorities have expelled two Huawei Technologies staff after an inspection at the company’s Copenhagen office showed they failed to comply with laws covering residence and […]
February 4, 2019

Germany facing big budget hole as economy slows: finance ministry document

Germany is facing a budget shortfall of around 25 billion euros ($28.6 billion) by 2023 as an economic slowdown means tax revenues will come in below […]
February 4, 2019

Merger partners need to look closer to home to win over EU regulators

As Siemens and Alstom face EU rejection of their plan to create a European rail champion to fight foreign rivals, the lesson for other companies is […]
February 4, 2019

From cars to quakes: Italy’s banks take on insurance

An aging population and struggling state finances could turn into an unlikely boon for Italy’s banks, which have turned to a growing market for insurance to […]
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