(Reuters) -Shares in German healthcare software provider CompuGroup Medical surged 30% on Monday after the company said investor CVC Capital Partners has offered to acquire it and take it off the stock exchange. CompuGroup said CVC had offered 22 euros ($23.24) per share, which corresponds to a 51% premium to CompuGroup’s average share price over …
CVC bids for Germany’s CompuGroup Medical at 51% premium Read More »
FRANKFURT (Reuters) – Investor morale in the euro zone fell in December to its lowest in more than a year, a survey showed on Monday, with Germany remaining a drag on the bloc as snap elections in February have failed to inspire confidence. The Sentix index for the euro zone fell to -17.5 in December …
Euro zone investor morale falls in December to lowest in more than a year Read More »
By Parisa Hafezi DUBAI (Reuters) -Iran has opened a direct line of communication with rebels in Syria’s new leadership since its ally Bashar al-Assad was ousted, a senior Iranian official told Reuters on Monday, in an attempt to “prevent a hostile trajectory” between the countries. The lightning advance of a militia alliance spearheaded by Hayat …
(Reuters) -The UK’s Domino’s Pizza Group (DPG) has reached a new five-year agreement with its franchise partners, it said on Monday, as the fast-food chain looks to expand its store network and increase investment in its digital platform. The new Profitability and Growth Framework, which the company said had the “unanimous support” of its franchise …
UK’s Domino’s Pizza eyes digital growth with new franchise deal Read More »
MOSCOW (Reuters) -Russia’s Federal Security Service said on Monday it had detained 11 employees of an alleged global scam network which operated in the interests of a former Georgian defence minister. An internationally organised criminal group operated call centres, which, under the guise of making investment deals, committed mass fraud against citizens of the European …
Russia detains 11 employees of alleged global scam network, FSB says Read More »
PORT LOUIS (Reuters) – The state of Mauritius’ economy is “much worse than we imagined”, its new prime minister said, as an audit he launched into the Indian Ocean archipelago’s public finances neared completion. Navin Ramgoolam announced the audit days after his coalition won a resounding election victory in November, alleging the previous government had …
Mauritius economy ‘much worse than we imagined’, new prime minister says Read More »
SHANGHAI/HONG KONG (Reuters) -Stocks jumped and China’s government bonds rallied after the Politburo shifted its monetary policy stance to imply more easing is coming, mirroring moves made in previous crises. Benchmark 10-year yields fell about four basis points to 1.922%, a record low. Hong Kong’s Hang Seng index jumped 2.8% to its highest in a …
China Politburo policy shift spurs surge in stocks, bonds Read More »
WOLFSBURG, Germany (Reuters) – Volkswagen’s chief negotiator Arne Meiswinkel said on Monday that unions and management needed to find alternative pathways to a solution for its German plants after the company rejected a proposal put forward by unions as unsustainable. “We continue to need to reduce costs, reduce overcapacity,” Meiswinkel said, speaking ahead of the …
Volkswagen, unions must find new solutions for German plants, company says Read More »
(Reuters) – Japanese investors sold overseas stocks for a second consecutive month in November as they sought to capitalize on robust gains in global equities, particularly as U.S. stocks reached record highs. According to data from Japan’s Ministry of Finance, these investors net sold 1.22 trillion yen ($8.12 billion) worth of overseas stocks last month, …
Japanese investors sold overseas equities for second straight month in November Read More »
TAIPEI (Reuters) – Taiwan’s exports rose more than expected in November benefiting from the booming artificial intelligence (AI) industry and a bounce back in demand from top trading partner China, with the outlook upbeat. Exports rose 9.7% on the year to $41.09 billion, the finance ministry said on Monday, both beating a forecast for expansion …
Taiwan November exports expand faster than expected, outlook upbeat Read More »
