April 3, 2019

Pernod Ricard betting on growth from green agenda

Drinks group Pernod Ricard, which is being targeted by activist investor Elliott, is banking that its push into socially and environmentally sound business practices will boost […]
April 3, 2019

Emirates NBD reaches new agreement to buy Turkey’s Denizbank for $2.77 billion

Dubai’s largest lender Emirates NBD Bank has reached a new agreement to buy Turkey’s Denizbank from Russia’s state-owned Sberbank for 15.48 billion lira ($2.77 billion). Powered […]
April 3, 2019

Chinese tech giant Tencent plans $5 billion bond sale: sources

China’s Tencent Holdings Ltd is returning to the market with a U.S. dollar bond that could raise about $5 billion, two people with direct knowledge of […]
April 3, 2019

Malaysia to sell 1MDB-linked superyacht for $126 million

Malaysia has agreed to sell a superyacht linked to a multi-billion dollar scandal at state fund 1MDB to casino operator Genting Malaysia Bhd for $126 million, […]
April 3, 2019

Brent approaches $70 as oil prices rise for fourth day

Oil prices rose for a fourth day on Wednesday, with support from OPEC-led supply cuts and U.S. sanctions overshadowing an industry report showing an unexpected rise […]
April 3, 2019

Asian shares rise to new seven-month high, oil closes in on $70

Asian shares rose to fresh seven-month highs on Wednesday as global investors took heart from signs of progress in U.S.-China trade talks and brisk economic data, […]
April 3, 2019

AIG paid CEO Duperreault $20.9 million in 2018: filing

Insurer American International Group Inc said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms […]
April 2, 2019

U.S. judge orders PG&E to hold dividends to pay for efforts to reduce wildfire risks

A U.S. judge said on Tuesday that PG&E Corp cannot resume dividends and must use the money to reduce wildfire risk in California, stopping short of […]
April 2, 2019

Netflix looms large as theater owners assess industry future

As movie theater owners converge on Las Vegas for their annual convention, one topic that keeps coming up is how they contend with a company that […]
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