Seven & i Holdings named director Stephen Dacus as the new chief executive and said it aims to list its North American convenience-store unit by the end of 2026, taking bold measures as it sought to ...
DHL owner Deutsche Post will slash around 8,000 jobs in Germany this year as part of a broader plan to cut costs and position the company for longer-term growth.
--Saudi Aramco is considering a bid for BP's Castrol assets and could look to combine them with its Valvoline lubricants unit, Bloomberg reports, citing unnamed sources.
An official who manages the Federal Reseve's monetary-policy implementation said tweaks to the composition of the central bank's balance sheet could mean the Fed would eventually own relatively more ...
--Seven & i Holdings is planning to buy back a large amount of its own shares, Bloomberg reported Thursday, citing unnamed sources. --The buyback would total roughly 2 trillion yen, equivalent to ...
The life-sciences and electronics company said its earnings before interest, taxes, depreciation and amortization before one-time items--the company's preferred profitability metric--rose 3.3% to 6.07 ...
Victoria's Secret & Co. on Wednesday said it expects the year ahead to "gradually get better," despite what it characterized as shaky consumer confidence and sales forecasts that came in below ...
The risk premia, or credit spreads, on euro bank bonds is widening due to increased market volatility, ABN Amro's Joost Beaumont said. "We expect spreads to continue to widen in the coming week, while ...
Ted Cruz (R., Texas) called the effort a "powerful statement of the importance of crypto." Financial Services Roundup: Market Talk Find insight on Foot Locker, Target, Canada's housing market, in the ...
Oil declined for a fourth straight session Wednesday, settling at its lowest price since September, on prospects for a global trade war that could dent demand and plans by major oil producers to begin ...
SYDNEY--Iron-ore giant Rio Tinto will invest $1.8 billion to develop a satellite ore-body development in Australia's mineral-rich Pilbara region.
Advantech is aggressive in North America. It is building a regional headquarters in Orange County, California by 2025. It plans to focus on the healthcare, smart city and gaming sectors. These sectors ...