February 8, 2019

Activist Elliott tells Pernod there is still work to do

Activist investor Elliott kept up the pressure on French spirits group Pernod Ricard, welcoming this week’s first-half results but calling for boardroom changes and better margins. […]
February 8, 2019

Deutsche Bank, Commerzbank merger talk ‘speculation’: German finance minister

German Finance Minister Olaf Scholz said on Friday he was in talks with banks about their future and called reports of a merger of Deutsche Bank […]
February 8, 2019

Exclusive: U.S. considers withdrawal of zero tariffs for India – sources

India could lose a vital U.S. trade concession, under which it enjoys zero tariffs on $5.6 billion of exports to the United States, amid a widening […]
February 8, 2019

Activist fund Elliott keeps up pressure on drinks group Pernod

Activist hedge fund Elliott kept up the pressure on French drinks group Pernod Ricard, stating that while Pernod’s results this week were good, Elliott still wanted […]
February 8, 2019

Pernod defends its performance in light of new Elliott criticism

Drinks group Pernod Ricard defended its performance and strategy on Friday, in the light of renewed criticism of the company from activist fund Elliott. Powered by […]
February 8, 2019

Explainer: Why Shanghai’s new Nasdaq-style tech board may be a game-changer

The detailed rules for a Nasdaq-style start-up board in Shanghai have fueled hopes among early-stage companies the new regime could bring about positive changes in China’s […]
February 8, 2019

Starbucks ‘unlikely’ to be overtaken in China by Luckin in 2019: CEO

Starbucks Corp is unlikely to cede its leading position in China, the company’s fastest-growing major market, to Chinese startup Luckin in 2019, Starbucks CEO Kevin Johnson […]
February 8, 2019

Asia stocks ease on anxiety over trade, growth risks

Asian stocks lost ground on Friday as investors worried about a broadening global economic slowdown, with sentiment not helped by the absence of any positive signs […]
February 8, 2019

Australia’s bruised big banks offered respite in inquiry wash-up

After a year of bruising interrogation, Australia’s oligopoly banking system has emerged from a government-appointed inquiry with reputations tarnished and some top executives removed – but […]
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