Seven & i Holdings named director Stephen Dacus as the new chief executive and said it aims to list its North American convenience-store unit by the end of 2026, taking bold measures as it sought to ...
Uni-President China has a fair financial shape that has improved since 2016 in our view. At the end of 2022, its EBITDA/interest expense ratio of 44 and debt/EBITDA ratio of 1.2 were better than ...
DHL owner Deutsche Post will slash around 8,000 jobs in Germany this year as part of a broader plan to cut costs and position the company for longer-term growth.
Bank Negara Malaysia on Thursday maintained its overnight policy rate at 3.00%, where it has been since May 2023. The decision was expected by seven economists polled by The Wall Street Journal.
--Saudi Aramco is considering a bid for BP's Castrol assets and could look to combine them with its Valvoline lubricants unit, Bloomberg reports, citing unnamed sources.
An official who manages the Federal Reseve's monetary-policy implementation said tweaks to the composition of the central bank's balance sheet could mean the Fed would eventually own relatively more ...
--Seven & i Holdings is planning to buy back a large amount of its own shares, Bloomberg reported Thursday, citing unnamed sources. --The buyback would total roughly 2 trillion yen, equivalent to ...
The life-sciences and electronics company said its earnings before interest, taxes, depreciation and amortization before one-time items--the company's preferred profitability metric--rose 3.3% to 6.07 ...
Victoria's Secret & Co. on Wednesday said it expects the year ahead to "gradually get better," despite what it characterized as shaky consumer confidence and sales forecasts that came in below ...
SYDNEY--Iron-ore giant Rio Tinto will invest $1.8 billion to develop a satellite ore-body development in Australia's mineral-rich Pilbara region.
Advantech is aggressive in North America. It is building a regional headquarters in Orange County, California by 2025. It plans to focus on the healthcare, smart city and gaming sectors. These sectors ...
The risk premia, or credit spreads, on euro bank bonds is widening due to increased market volatility, ABN Amro's Joost Beaumont said. "We expect spreads to continue to widen in the coming week, while ...