Dutch government regrets Unilever's British HQ decision
The Dutch government on Thursday said it regretted Unilever's choice to base the company solely in Britain and not in the Netherlands.
The Dutch government on Thursday said it regretted Unilever's choice to base the company solely in Britain and not in the Netherlands.
Uber Technologies Inc CEO Dara Khosrowshahi has spent much of his career deftly negotiating acquisitions. Yet his $6.5 billion all-stock bid for Grubhub Inc ended with the food delivery company being acquired by European rival Just Eat Takeway.com NV .
Britain's Financial Conduct Authority said on Thursday it has fined Lloyds Bank 64 million pounds ($81.26 million) for failures in handling mortgage arrears.
Credit-rating firm S&P Global Ratings on Thursday questioned SoftBank Group Corp's financial discipline as the tech conglomerate pursues a massive 2.5 trillion yen ($24 billion) share buyback program in volatile markets.
Unilever proposed collapsing its Anglo-Dutch legal structure into a single holding company based in Britain on Thursday, nearly two years after shareholders sank an earlier plan to move its headquarters to the Netherlands.
Renault 's partnership with Japan's Nissan has entered an "incredibly positive" phase after episodes of strained relations in recent years, the French carmaker's chairman Jean-Dominique Senard said on Thursday.
Just Eat Takeaway's proposed $6 billion takeover of Grubhub to create a trans-Atlantic giant that could thwart Uber's food delivery ambitions has raised concerns among some analysts about the pace of the European company's expansion.
An outside panel will weigh the validity of an investigation into Samsung Group heir Jay Y. Lee over a 2015 merger and alleged accounting fraud, the Seoul Central District Prosecutors' Office said on Thursday.
A further investment by the French government in Renault's capital would not be the most pertinent or useful use of state resources, the carmaker's chairman said on Thursday, adding that nationalisation of the firm was not being contemplated.
Airlines don't need to compensate passengers if a flight is delayed by one person biting another as it is an "extraordinary circumstance", the EU's top court ruled on Thursday after a customer sued Portuguese airline TAP over such an incident.
Britain's Financial Conduct Authority has fined Lloyds Bank 64 million pounds ($81.26 million) for failures in handling hundreds of thousands of mortgage customers in difficulties or arrears.
Moderna Inc on Thursday confirmed it plans to start a trial of 30,000 volunteers of its much-anticipated coronavirus vaccine in July as the company enters the final stage of testing.
Planemaker Bombardier Inc is to cut up to 600 jobs in its Northern Ireland operations, it said on Thursday, as part of plans announced last week to cut 2,500 jobs or about 11% of the workforce in its global aviation unit.
JPMorgan has promoted Jonas Wikmark as co-head of Nordics banking to drive growth in one of its major European markets, according to a memo seen by Reuters.
Paul Tudor Jones on Wednesday critiqued the long-held belief that companies should exist for the sole purpose of generating profits.