EXCLUSIVE Franchise Group in talks to keep Kohl’s management team after a sale-sources
Franchise Group (FRG.O), the preferred bidder to acquire Kohl’s (KSS.N), is in discussions to keep the retailer’s top management team, including CEO Michelle Gass, if the planned sale is finalized, three sources familiar with the matter said.
COVID-19 vaccine scheme for world’s poorest pushes for delivery slowdown
Leaders of the global scheme aiming to get COVID-19 vaccines to the world’s poorest are pushing manufacturers including Pfizer (PFE.N) and Moderna (MRNA.O) to cut or slow deliveries of about half a billion shots so doses are not wasted.
Buy now, pay later firm Zip to raise fees amid surging inflation
Australian buy now, pay later company Zip Co Ltd (ZIP.AX) said on Wednesday it would raise fees for customers and merchants, as it tries to weather an onslaught from soaring inflation and rising interest rates on its business.
Friday’s Russell rebalance may stoke more volatility in nervous stock market
Investors in the volatile U.S. stock market are preparing for what may be one of the heaviest trading days of the year on Friday, as FTSE Russell completes the rebalancing of indexes that are tracked by trillions of dollars in investor funds.
Stocks and oil tumble as recession fears mount
World stock markets and oil prices hit the skids on Wednesday as the persistent palpitations about rising interest rates and recessions struck again, while the Japanese yen hit a fresh 24-year low against a seemingly unstoppable U.S. dollar.
Secrets of success in devising and implementing eLearning revealed in eCom Learning Solutions’ eBook
To help anyone who is responsible for eLearning projects, Scotland’s leading digital learning and assessment specialist with a worldwide client portfolio – eCom Learning Solutions – has produced an eBook.
Exclusive: India’s Tata Steel bought 75,000 tonnes of Russian coal in May
India’s top steelmaker Tata Steel (TISC.NS) imported about 75,000 tonnes of coal from Russia in the second half of May, two trade sources and one government source said, weeks after pledging to stop doing business with Russia.
Cryptoverse: Crypto lenders face a DeFi drubbing
Crypto lenders have boomed over the past two years, attracting tens of billions of dollars in bitcoin, ether and other coins which they in turn lent out or invested, often in decentralized finance (DeFi) projects with sky-high returns.
Exclusive: Indian skincare startup Mamaearth eyes $3 billion valuation in 2023 IPO
Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company’s plans told Reuters
Analysis: Are high prices unpatriotic or as American as you can get?
President Joe Biden’s pointed criticism of oil and gas companies for earning massive profits as families suffer from high gasoline prices challenges a pillar of American capitalism: that U.S. companies should make as much profit as they legally can, and direct that windfall back to investors.
