Conglomerate

Coca-Cola Europacific Partners Sets Sights on Becoming the World’s Largest Bottler

The proposed acquisition of Coca-Cola's Philippines business marks a significant milestone for CCEP and AEV. The joint venture represents a…

2 years ago

Toshiba warns on profit after Q3 slump; COO resigns over expenses

Japan's Toshiba Corp cut its annual earnings estimate after third-quarter profit slumped and its chief operating officer resigned over the inappropriate…

3 years ago

India’s Adani tries to calm investors as market rout continues

India's Adani Group sought to reassure investors on Monday as a rout in its shares continued, saying its business plans…

3 years ago

Adani’s market losses top $100 bln as shelved share sale spooks investors

India's Adani group shares sank on Thursday after it abandoned its flagship company's $2.5 billion stock offering, swelling the conglomerate's…

3 years ago

Adani’s crucial share sale 85% subscribed as institutions pump in funds

Indian billionaire Gautam Adani's $2.5 billion share sale inched closer to full subscription on Tuesday as investors pumped in funds…

3 years ago

India’s Adani Group says evaluating action against Hindenburg Research

Adani Group said on Thursday it is evaluating "remedial and punitive action" under U.S. and Indian laws against short-seller Hindenburg…

3 years ago

Foxconn fine for unauthorised China investment likely to be imposed soon – source

Foxconn, the world's largest contract electronics maker, is likely to be fined soon by Taiwan's government for an unauthorised investment…

3 years ago

Exclusive: Air India nears historic order for up to 500 jets

Air India is close to placing landmark orders for as many as 500 jetliners worth tens of billions of dollars…

3 years ago

Sony hikes FY profit forecast by 4.5% on foreign exchange boost

Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the…

3 years ago

Exclusive: Toshiba’s preferred bidder offers price short of key 6,000 yen a share, sources say

The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen…

3 years ago