Two years ago, investor William Ackman, who pushes corporations to perform better, took his own advice and laid out a plan for a comeback after years of losses.
Concerns among French lawmakers about aerospace firm Latecoere's sale to a U.S. fund are "overblown", the head of its major client Dassault Aviation said on Thursday.
A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, judicial sources said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
REUTERS: U.S. private equity firm Insight Partners said on Thursday it was buying Swiss data management company Veeam Software, in a US$5 billion bet on the fastest-growing player in the market for backing up critical information on remote servers. The acquisition of Veeam, which is based in Baar ......
Volkswagen on Thursday said vehicle deliveries for 2019 were slightly above prior year, revising upward an earlier forecast which predicted annual sales to be "on the level of prior year."
A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, judicial sources said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
Facebook Inc said on Thursday it was making some changes to its approach to political ads, including allowing users to turn off certain ad-targeting tools, but the updates stop far short of critics' demands and what rival companies have pledged to do.
HONG KONG: The "depth of the devastation" inflicted on Hong Kong's economy by more than six months of protests will be seen in the coming weeks, the chief executive of the city's stock exchange operator said on Thursday (Jan 9). Charles Li, the Hong Kong Exchanges and Clearing Ltd's (HKEX)...
First Abu Dhabi Bank (FAB) has started an auction process for a Dubai hotel operated by Shangri-La and owned by indebted construction group Al Jaber with a starting price of 700 million dirhams (US$190.59 million), two sources said.
Sales of Apple Inc's iPhone in China in December jumped more than 18per cent year on year, government data showed on Thursday.
