Disco Bonds Surge on Surprise Bank Move to Redeem Them
A group of bonds issued almost 40 years ago by Norwegian lender DNB Bank ASA are surging in
2023-11-16 19:57
Young’s to Buy City Pubs for £162 Million as Bars Suffer
Shares in City Pub Group Plc soared more than 30% after it agreed to a £162 million ($201
2023-11-16 19:48
Vitol Buys BP’s Turkish Gas Stations, Upping Downstream Bet
Vitol’s Petrol Ofisi agreed to buy BP Plc’s gas station operations in Turkey, as the world’s biggest independent
2023-11-16 19:24
FDA Weighing What to Do About $900,000 Drug That May Not Work
The cancer drug Folotyn, one of the most expensive in the US, received a short-cut approval from US
2023-11-16 18:52
Mars to Pay 170% Premium to Take Over Britain’s Hotel Chocolat
Mars Inc., the US candy company, agreed to buy Britain’s Hotel Chocolat Group Plc for £534 million ($662
2023-11-16 18:51
‘Everything’s Locked Up’: Shoppers Turn to Amazon as Big-Box Retailers Combat Theft
Like many shoppers, New Yorker Sarah Henry is accustomed to retailers locking up products to thwart thieves. But
2023-11-16 18:51
Elliott-Backed Venture Leads Bid for Langham Portfolio
Elliott Management Corp. and Oval Real Estate Ltd. have been selected as the preferred bidders to buy a
2023-11-16 18:27
Chicken Finger Craze Fuels $7.6 Billion Fortune for Raising Cane’s Founder
Raising Cane’s Restaurants has grown to more than 750 locations worldwide, drawing lines when its flagship Times Square
2023-11-16 18:27
Train Drivers to Strike Across the UK Again in December
UK train drivers will strike again next month as part of a long-running dispute over pay and conditions.
2023-11-16 18:20
Turkey's Lira Lures Carry Traders Once Again
The unnatural steadiness of Turkey’s currency depreciation is drawing the attention of so-called carry traders, a type of
2023-11-16 17:58
Temasek-Backed Carsome Cutting Hundreds of Jobs to Reach Profit
Carsome Group, which operates a Southeast Asian used-car online marketplace, is cutting hundreds of jobs to reduce costs
2023-11-16 17:55
UK Households Face 5% Rise in Energy Bills as Winter Sets In
British households are facing a 5% increase on their energy bills from January, when the regulator is set
2023-11-16 17:53