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Fortescue posts record profit, dividend but cuts management bonuses

Fortescue Metals Group Ltd (FMG.AX) reported its highest ever annual profit and dividend on Monday due to sky-high iron ore prices but…

4 years ago

EXCLUSIVE Toshiba in talks with four investment firms for strategic ideas -sources

Toshiba Corp (6502.T) is in talks with at least four global private equity firms including KKR & Co Inc (KKR.N) and Blackstone Inc (BX.N) to seek…

4 years ago

EXCLUSIVE Olam seeking about $3 bln for London IPO of food ingredients unit – sources

Olam International (OLAM.SI) is considering raising about 2 billion pounds ($2.8 billion) through a London listing of its food ingredients unit next…

4 years ago

Kansas City Southern may delay Canadian National deal vote

Kansas City Southern (KSU.N) said on Thursday it has turned down a $27 billion bid from Canadian Pacific Railway (CP.TO) and will delay a…

4 years ago

EXCLUSIVE Ex-director seeks to stall $2 bln Paytm IPO, company calls it harassment

Paytm's $2.2 billion IPO is facing an unusual hurdle - a 71-year-old former director has urged India's markets regulator to…

4 years ago

Dutch bank ABN Amro resumes dividend payments as Q2 net profit beats

Dutch bank ABN Amro (ABNd.AS) said on Wednesday it would resume dividend payments as an economic recovery in the Netherlands had…

4 years ago

Analysis: Virtually forever? Switch to online AGMs gains pace despite concerns

A mass corporate switch in Europe to holding virtual annual shareholder meetings or AGMs has picked up pace this year,…

4 years ago

Germany’s Delivery Hero takes 5.1% stake in rival Deliveroo

Germany's Delivery Hero (DHER.DE) has taken a 5.09% stake in online food delivery rival Deliveroo (ROO.L), driving the British company's share price to…

4 years ago

Volkswagen makes $3.4 billion Europcar bet on mobility services

A consortium led by Volkswagen (VOWG_p.DE) has agreed with Europcar (EUCAR.PA) to launch a tender offer for the car rental…

4 years ago

Tokyo bourse overhaul spurs prime market push for Japanese firms

Tighter requirements to stay on the Tokyo bourse's prestigious main board are forcing Japanese companies to cease long criticised practices…

4 years ago