Bussiness

Advent buys Australian fashion brand Zimmermann in $1 bln deal

Posted by August 8, 2023

MILAN, Aug 8 (Reuters) - Private equity firm Advent International has bought a majority stake in Zimmermann from the founding family and Italy's Style Capital,

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Commercial real estate investors risk painful losses in post-COVID world

Posted by July 30, 2023

LONDON/SYDNEY, July 31 (Reuters) - Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or

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Credit Suisse shares hit new low

Posted by March 13, 2023

ZURICH, March 13 (Reuters) - Credit Suisse (CSGN.S) shares hit a new record low in morning trading on Switzerland's stock exchange.Bank shares in Europe and Asi

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Credit Suisse equities business under the microscope after revenue crash

Posted by March 8, 2023

Equities revenue plummeted 95% in the fourth quarterBank earlier informally looked at options for unit -sourcesBank declines to comment on 'rumours and speculat

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Shares and pound splutter as UK dishes out budget gruel

Posted by November 17, 2022

European stocks drop after early riseDollar regains strength on hawkish Fed speakMicron gloom frazzles chipmakersOil and metals sag in commodity marketsLONDON,

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Wall Street fear lingers as UK steps in to calm…

Posted by September 28, 2022

U.S. stocks little changed after hitting new lows TuesdayGlobal stocks pare some losses, UK gilts roar higherBank of England says will step into the bond market

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EXCLUSIVE CVC, China’s Road King plan stake selldown in $3…

Posted by September 21, 2022

A worker adjusts a temporary electric cable on a nearly completed section of a toll road near the port in North Jakarta, Indonesia December 15, 2015. REUTERS/Ga

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