Chanel Owners Among Wealthy Taking Rothschild Bank Private
Three of France’s wealthiest dynasties including the owners of luxury giant Chanel are investing in Rothschild & Co. to help take the eponymous French bank private.
Three of France’s wealthiest dynasties including the owners of luxury giant Chanel are investing in Rothschild & Co. to help take the eponymous French bank private.
Singapore warned about greater economic nationalism and protectionism around the world, especially as tensions between the US and China heat up.
The Netherlands dodged a recession as household consumption and trade drove output in the final quarter of 2022.
Vodafone Group Plc shares gained as much as 2.4% on Tuesday after Liberty Global Plc said it had acquired a 4.9% stake in the rival British telecom group, in a surprise bet on Vodafone’s plans to revamp its business.
The largest power producer in the United Arab Emirates plans to sell bonds and acquire assets this year, according to the company’s chief executive officer.
Norma Group SE, a German maker of hose clamps and pipe connections for everything from cars to washing machines, rejected several takeover approaches in recent months from bidders including Carlyle Group Inc., people familiar with the matter said.
A Ghanaian government plan to reorganize its domestic debt received acceptance from more than 80% of bondholders, a key step in the country’s efforts to secure a $3 billion bailout from the International Monetary Fund. The cedi rallied.
Northvolt AB joined European companies putting policy makers on notice about the allure of US green tech incentives, calling tax credits tucked in President Joe Biden’s Inflation Reduction Act impossible to ignore.
Nearly three-quarters of London’s workers would rather quit their jobs than return to the office full-time, a survey revealed, with many demanding inflation-busting pay hikes to give up their right to flexible working.
UK wages rose quicker than expected at the end of 2022, heaping pressure on the Bank of England to deliver another interest-rate increase next month.