CVC Capital Partners has emerged as the leading bidder to buy a minority stake in PT Samator Indo Gas, an Indonesian industrial gas company, people with knowledge of the matter said.
Advent International’s Zentiva generics business and Bain Capital-backed drugmaker Stada Arzneimittel AG are suitors considering bids for for Viatris Inc.’s European consumer-health assets, people familiar with the matter said.
L’Oreal SA’s sales rose in the fourth quarter as strength in demand for beauty products in the Americas cushioned weakness in China.
There’s a reason why Apple Inc. is under less pressure than tech peers to slash jobs during the current slowdown: It hired more efficiently in the first place.
The UK avoided a recession last year by the narrowest of margins after the cost-of-living crisis and industrial action hit the economy during December.
The good times are back in European banking and investors want their share.
Oil headed for a weekly gain as a bullish outlook for Chinese demand outweighed lingering concerns over a global economic slowdown.
The yen rose and Japanese government bond futures fell after the Nikkei reported that Kazuo Ueda was to be nominated as the Bank of Japan’s next governor.
China’s consumer inflation accelerated last month as the country reopened and the Lunar New Year holiday spurred demand, although gains remain muted enough for the central bank to keep easing monetary policy to support the economy’s recovery.
Goldman Sachs Group Inc. cut its oil-price forecasts and sees Brent reaching $100 a barrel by December instead of around the middle of the year.
