Tag: “Corporate”

Japan’s SMFG expects more than $7.65 billion net profit in FY 2025

Sumitomo Mitsui Financial Group’s CEO said the firm may make more than 1.2 trillion yen ($7.65 billion) net profit in the year from next April, as a resurgent Japanese banking sector cashes in on efforts to diversify income sources abroad alongside interest rate normalisation.

Netflix Sets Record with Christmas Day NFL Games. But the Stock Is Slipping.

Netflix looks to have scored big with its Christmas Day coverage of two NFL games.

UnitedHealth, Amedisys extend deadline to close $3.3 billion deal

UnitedHealth and Amedisys have agreed to extend the deadline to close their $3.3 billion merger agreement to next year, a filing showed on Friday, as the deal faces close scrutiny from the U.S. Department of Justice.

South Korea’s Shinsegae to set up joint venture with Alibaba International

South Korean retailer Shinsegae plans to set up a joint venture with Alibaba International, Shinsegae affiliate E-Mart said on Thursday.

Ολοκληρώθηκε η μεταβίβαση του 65% της Skyline στην κοινοπραξία Dimand-Premia-EBRD

Η συναλλαγή αποτελεί μία από τις μεγαλύτερες και πλέον σύνθετες συναλλαγές ακινήτων στην Ελλάδα και η ολοκλήρωσή της έρχεται μετά από διάστημα 22 μηνών

ΔΕΗ: Άρχισε η εμπορική λειτουργία δύο νέων αεριοστροβιλικών μονάδων στη Σαντορίνη

Σε εξέλιξη τέσσερα επιπλέον μεγάλα έργα νέας ισχύος στη νησιωτική Ελλάδα (Ηράκλειο Κρήτης, Σορωνή Ρόδου, Χίος, Λέσβος) από τον Όμιλο ΔΕΗ

Eurobank: Διανομή προαιρετικών αποθεματικών 240 εκατ. ευρώ στη μητρική

Η εν λόγω διανομή αποθεματικών αποτελεί μέρος της συνολικής συνεισφοράς της Τράπεζας στην τελική ανταμοιβή των μετόχων της Eurobank Holdings

Εθνική Τράπεζα: Διατέθηκαν 698.176 μετοχές σε 125 στελέχη

Πρόκειται για τον δεύτερο κύκλο Προγράμματος Διάθεσης Μετοχών

US holiday retail sales stronger than last year with online boost, Mastercard says

U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers prompted last-minute shopping among consumers.

Taiwan Blocks Uber’s $950 Million Takeover of Local Foodpanda Business

Taiwan has blocked Uber Technologies’  planned $950 million takeover of Foodpanda’s local delivery business on anticompetition concerns, thwarting the U.S. company’s efforts to expand in Asia.

Starbucks strike to expand to over 300 US stores on Christmas Eve, union says

A strike at Starbucks will expand to over 300 U.S. stores on Tuesday, with more than 5,000 workers expected to walk off the job before the five-day work stoppage ends later on Christmas Eve, the workers’ union said.

Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

Shares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to 1.1 trillion yen ($7 billion) of its shares on Monday amid merger talks with Nissan

President Biden to decide fate of Nippon Steel’s $15 billion bid for US Steel

Nippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes.

Brief American Airlines Groundstop Is Canceled, FAA Says

American Airlines Group Inc. said it’s experiencing technical issues affecting all of its flights, disrupting operations on one of the busiest travel days of the year. “Your safety is our utmost priority, once this is rectified, we’ll have you safely on your way to your destination,” the airline said in a statement on X, without providing any more details on the nature of the issue.

Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer

Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool.

Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales.

Xerox to buy printer maker Lexmark from Chinese owners in $1.5 bln deal

Office equipment manufacturer Xerox will buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to bolster its mainstay business, the companies said on Monday.

Qualcomm Scores a Victory in Its Dispute With Longtime Partner Arm

A Delaware jury sided with Qualcomm in its long-running dispute with Arm on Friday afternoon. This was a unique case in which Arm sued one of its best customers.

Netflix broadens live-sports footprint with Women’s World Cup. Bigger subscriber base and ad reach foreseen.

Netflix and FIFA have agreed to a U.S. broadcast deal for the 2027 and 2031 Women’s World Cup, further expanding the streaming company’s footprint in the live-sports category, which includes NFL, boxing and WWE content.

Prosus to buy Latin American online travel agency Despegar.com for $1.7 billion

Dutch technology investor Prosus NV said on Monday it would buy Latin America-focused online travel agency Despegar.com Corp for about $1.7 billion in cash, as it looks to expand its services across Latin America.