New JD Sports CEO Schultz Outlines Growth Plans
New CEO plans investments of 3 billion stg over five years Open 250 to 350 new stores per year Annual revenue growth of more than 10% Shares jump 8% LONDON,…
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Rupert Murdoch rejects proposal to merge Fox, News Corp, aims to sell Move
Jan 24 (Reuters) – Rupert Murdoch reversed course on Tuesday and withdrew a proposal to merge News Corp (NWSA.O) and Fox Corp as the company is also exploring a sale…
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Air finance summit addresses jet shortage amid China travel thaw
DUBLIN, Jan 16 (Reuters) – Financiers at the heart of a $200 billion industry underpinning fleet airlines are meeting in Dublin this week, betting that China’s decision to free up…
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Petrobras shares tumble on Brazil’s vote to ease rules on politicians running state-owned companies
SAO PAULO, Dec 14 (Reuters) – Brazil’s lower house of Congress voted late on Tuesday to make it easier for politicians to take roles in state-owned companies, hammering shares in…
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Toshiba’s preferred bidder is closing in on obtaining financing for acquisition sources
TOKYO/HONG KONG, Dec 8 (Reuters) – Japan Industrial Partners, the preferred bidder for the acquisition of Toshiba Corp (6502.T), has come close to obtaining financing from banks, three people familiar…
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Great Britain to prepare financial reforms to ‘disturb’ growth
LONDON, Dec 8 (Reuters) – Britain on Friday launched reforms to ease rules on bank capital, one of 30 measures the government says will unlock investment and secure its position…
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Ghana hopes for IMF deal by next week: Finance ministry official
ACCRA, Dec 7 (Reuters) – Ghana’s economic recovery efforts could be delayed and complicated if an International Monetary Fund (IMF) host team leaves without a staffing deal next week, an…
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Winners of Sustainable Finance Live hackathon announced
At last week’s Sustainable Finance Live, a concurrent hackathon was held alongside keynotes and panel sessions. Finextra, Responsible Risk, and Nayaone provided rooms and mentors for those who entered the…
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Embedded Finance: The Next Generation Opportunity
The modern e-commerce landscape has rapidly evolved to offer consumers faster, easier and more secure payment methods. Instead of cumbersome wire transfers and checks, consumers can now transact seamlessly directly…
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Shriram Transport Finance Company Limited: Merger-Linked Shriram Fin to Emerge as Second Largest Retail NBFC: KIE
New Delhi: Kotak Institutional Equities (KIE) remains positive on Shriram Transport Finance Company Limited (STFCL), which will now be known as Shriram Finance Limited (SFL). The company, in its regulatory…
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