Economy

Bid For 7-Eleven Owner Shows Japan's Governance Gains, Says Suntory CEO Niinami

A $39-billion (€35.3 billion) Canadian takeover bid for 7-Eleven's owner indicates a shift in Japan's corporate governance and has left CEOs "ner...

German Business Sentiment Falls In August, Delaying Recovery Hopes

German business morale fell for a third consecutive month in August, a new survey has shown, pushing back recovery hopes for Europe's largest economy.

Target Raises Annual Profit Forecast After Price Cuts Boost Quarterly Sales

Target raised its annual profit forecast and beat Wall Street expectations for second-quarter comparable sales as shoppers were drawn by low priced groceri...

Potential Seven & i Blockbuster Deal Highlights Fresh Era For Japan M&A

Chinese E-Commerce Giant JD.com Beats Estimates For Quarterly Profit

China's JD.com beat estimates for quarterly profit, helped by a mid-year sales festival and aggressive price cuts that drove more cost-sensitive consu...

Most Global Firms Fall Short In Assessing Their Impact On Nature, Study Finds

A majority of global companies do not yet fully understand their impact on nature and how they depend on it, a new study by the World Benchmarking Alliance...

Covirán Implements Measures To Meet Increased Demand In Summer

Covirán has implemented measures to ensure the continuous supply of food items as it anticipates an increase in demand with the arrival of tourists...

Coca-Cola HBC Secures Loan Worth $130m From EBRD

The European Bank of Reconstruction and Development (EBRD) has approved a loan of $130 million for Coca-Cola HBC to finance its CapEx and working capital r...