(Reuters) – London’s West End focused commercial landlords Capital & Counties Properties Plc and Shaftesbury Plc are in advanced talks about a 3.5 billion pound ($4.32 billion) merger, Sky News reported on Saturday. The companies are in detailed discussions about an all-share tie-up that could be announced within weeks, the report said. As of November,…
BELFAST, Northern Ireland (AP) — The Irish nationalist party Sinn Fein, which seeks unification with Ireland, hailed a “new era” Saturday for Northern Ireland as it captured the largest number of seats in the Northern Ireland Assembly for the first time in a historic win. With almost all votes counted from Thursday’s local U.K. election,…
PARIS (AP) — French President Emmanuel Macron was inaugurated for a second term on Saturday, vowing to take action to avoid any further escalation of Russia’s war in Ukraine and promising he would promote France and Europe on the world stage. Macron was reelected for five years after winning the April 24 presidential runoff against…
The forced sale of Chelsea is ending after attracting the highest price for a sports team of 2.5 billion pounds ($3.1 billion) from a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. There are still potential stumbling blocks to the sale of Roman Abramovich’s asset, frozen by sanctions against the Russian oligarch. The British…
By Xie Yu HONG KONG (Reuters) – U.S. and Chinese regulatory officials are in talks to settle a long-running dispute over the auditing compliance of U.S.-listed Chinese firms, three people briefed on the matter told Reuters. The standoff, if not resolved, could see Chinese firms kicked off New York bourses. The U.S. Public Company Accounting…
By Jonathan Stempel (Reuters) – Elon Musk and Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44 billion takeover of the social media company before 2025. In a proposed class action filed in Delaware Chancery Court, the Orlando Police Pension Fund said Delaware law forbade…
(Reuters) – Canada’s Commissioner of Competition intends to oppose Rogers Communications Inc’s proposed C$20 billion ($16 billion) merger with Shaw Communications Inc, the companies said in a statement early Saturday. The Commissioner of Competition notified the companies on Friday afternoon of its intention to file applications to the Competition Tribunal opposing the merger. The companies…
MEXICO CITY (Reuters) – Chile’s LATAM Airlines received backing by a majority of its unsecured creditors in its Chapter 11 bankruptcy exit plan, the airline said Friday. LATAM, which filed for bankruptcy in the United States in 2020 after being hit by the coronavirus-related travel downturn, said around 65% of its low-ranking creditors had backed…
By Svea Herbst-Bayliss NEW YORK (Reuters) – Southwest Gas Holdings reached a settlement on Friday with Carl Icahn that will replace the company’s chief executive and hand as many as four board seats to the billionaire investor. The settlement ends a months-long battle Icahn launched with the Las Vegas, Nevada-based company in October as it…
NEW YORK (AP) — The National Labor Relations Board has found merit in a union charge that Amazon violated labor law in New York City’s Staten Island by holding mandatory worker meetings to persuade its employees not to unionize. The labor board has in the past allowed employees to mandate such meetings, which are routinely…
