![Citi names Gutiérrez-Orrantia Europe banking and cluster head in restructure](/i/c/df61d19c-820d-4e9a-dead-993c054890b1.webp)
Citi names Gutiérrez-Orrantia Europe banking and cluster head in restructure
By Andres Gonzalez LONDON Nacho Gutiérrez-Orrantia, one of Citi's most senior bankers in Europe, will become banking and
2023-11-20 22:53
![Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market value](/i/c/199dc22c-a114-3689-7334-6bb3314ffa25.webp)
Alibaba's U-turn on cloud unit spin-off lops $20 billion off its market value
By Donny Kwok and Casey Hall HONG KONG/SHANGHAI (Reuters) -Alibaba Group's Hong Kong shares slumped 10% on Friday after it
2023-11-17 12:25
![Finland's Neste to cut 400 jobs in cost cutting drive](/i/c/7e8538bb-899a-3cd7-e33e-70d5c6143024.webp)
Finland's Neste to cut 400 jobs in cost cutting drive
COPENHAGEN Finland's Neste said on Wednesday it plans to save 50 million euros ($53 million) annually through measures
2023-11-01 16:27
![UFC owner Endeavor announces review of strategic options](/i/c/d7a950a6-eb26-c81e-445d-f69244cf367f.webp)
UFC owner Endeavor announces review of strategic options
Sports behemoth Endeavor Group Holdings said on Wednesday it has begun a formal review to evaluate strategic alternatives
2023-10-26 04:57
![China's Country Garden warns of default again as property sales plunge](/i/c/e158cb37-b30d-7227-f7d6-a30660a9dfa0.webp)
China's Country Garden warns of default again as property sales plunge
For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China's real estate crisis is far from over.
2023-10-10 17:27
![French retailer Casino finalises rescue deal led by Czech tycoon](/i/c/5ce8380b-3fef-be6c-2fee-2b65aa01dacc.webp)
French retailer Casino finalises rescue deal led by Czech tycoon
By Dominique Vidalon PARIS (Reuters) -French supermarket group Casino has finalised a deal to avert bankruptcy through a debt restructuring
2023-10-05 23:52
![SAS shares plunge 95% as restructuring wipes out owners](/i/c/5d002f68-7004-0605-376d-de06a4370a66.webp)
SAS shares plunge 95% as restructuring wipes out owners
COPENHAGEN Shares in SAS tumbled 95% in opening trade on Wednesday after the Scandinavian airline announced new big
2023-10-04 15:18
![Carlyle pulls back from US consumer bets as part of strategic overhaul -source](/i/c/cd51eba2-672f-92c2-714d-4b85b29f61c6.webp)
Carlyle pulls back from US consumer bets as part of strategic overhaul -source
By Anirban Sen (Reuters) -Private equity firm Carlyle Group plans to pull back from investing in U.S.-based consumer, media and
2023-10-03 07:16
![Brazil airline Azul completes payment deal with lessors, OEMs](/i/c/d77cf01a-5ceb-888d-3870-6726b8b386e3.webp)
Brazil airline Azul completes payment deal with lessors, OEMs
SAO PAULO Brazilian airline Azul has completed restructuring obligations it had with most of its lessors and equipment
2023-10-02 19:15
![Casas Bahia executive quits as crisis deepens at Brazil retailer](/i/c/12f1a462-d7a6-b337-fbdd-0158f6f44c67.webp)
Casas Bahia executive quits as crisis deepens at Brazil retailer
SAO PAULO A top executive of Casas Bahia has decided to quit after less than five months on
2023-09-27 23:52
![SAS says bids in equity solicitation process being evaluated](/i/c/0242ffb6-b687-d205-4a2e-c53f62942aa3.webp)
SAS says bids in equity solicitation process being evaluated
STOCKHOLM Airline SAS said on Tuesday the evaluation process is ongoing after the period ended for making final
2023-09-26 15:27
![Exclusive-Bayer's new CEO plans to cut management jobs in prelude to overhaul](/i/c/2a1b084f-ea07-6f73-800b-0f0f32fbc829.webp)
Exclusive-Bayer's new CEO plans to cut management jobs in prelude to overhaul
By Ludwig Burger and Patricia Weiss FRANKFURT Bayer's new CEO plans to cut management jobs to speed up
2023-09-15 00:29