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Companies and Corporations

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Top Companies and Corporations Articles

Displaying items 67-77
  • Mexico's lower house generally approves telecoms bill

    MEXICO CITY (Reuters) - Mexico's lower house of Congress gave general approval on Tuesday to legislation that aims to rein in telecoms tycoon Carlos Slim and broadcaster Televisa to encourage more competition in the phone and TV markets. The approval...
  • China should let more ailing firms fail: deputy central bank governor

    BEIJING (Reuters) - China should let more ailing firms go bankrupt to help improve economic mechanisms rather than allow them to get government-led bailouts, a deputy central bank governor said on Tuesday. The risk of corporate failures is rising as...
  • Philips warns healthcare unit will miss forecast earnings

    AMSTERDAM (Reuters) - Philips warned its healthcare business would miss forecast earnings but went some way to reassure investors by adding its chief executive would take direct charge of the unit, which contributes 40 percent of company revenues. The...
  • Smartphones weigh on Samsung Electronics as guidance disappoints

    SEOUL (Reuters) - Samsung Electronics Co Ltd on Tuesday issued unexpectedly weak quarterly earnings guidance which put it on track for its worst results in two years and cast doubt on the smartphone leader's strategy against cheaper Chinese rivals....
  • Sun Valley: Cable Consolidation, Murdoch and Digital Disruption Among Big Themes

    Media and technology moguls are jetting to Sun Valley, Idaho this week for mountainside pressing of the flesh and potentially some deal-making. The exclusive confab, sponsored by investment bank Allen & Co., gets started Tuesday behind closed doors,...
  • U.S. agribusiness ADM to acquire Wild Flavors for $3 billion

    LONDON/FRANKFURT (Reuters) - U.S. agribusiness Archer Daniels Midland has agreed to buy Swiss-German natural ingredient company Wild Flavors for 2.3 billion euros ($3 billion) to enter the flavoring and the health-conscious food sectors. ADM, one of...
  • American Apparel shareholder sues Charney, board members

    American Apparel shareholder sues Charney, board members
    An American Apparel shareholder is suing Dov Charney and the remaining six members of the American Apparel board, alleging breach of fiduciary duties to the company and shareholders. The lawsuit, filed in federal court in Los Angeles on Monday,...
  • FCC Names Teams to Review Comcast-TWC, AT&T-DirecTV Mergers

    Two lawyers formerly with the Justice Department's Antitrust Division will lead FCC review teams looking into the proposed mergers of Comcast and Time Warner Cable, and AT&T with DirecTV. Hillary Burchuk, trial attorney with the FCC's office of general...
  • SAG-AFTRA, Companies Extend Contract Another 24 Hours

    For a second day in a row, SAG-AFTRA and the Alliance of Motion Picture and Television Producers have agreed to extend the current TV and movie contracts for 24 hours. The deals had been set to expire at midnight tonight. As with Monday night, the...
  • Riding on Modinomics hopes, India's indebted companies rush to lock in funds

    MUMBAI (Reuters) - Several private Indian firms want to pay off debts by raising up to $5 billion this year through share sales, emboldened by a surge in the stock market and an anticipated economic recovery after Narendra Modi was elected as prime...
  • In discounter war, will Aldi’s Coke rush fall flat?

    BERLIN (Reuters) - Aldi and Lidl have a new weapon in their battle to be Germany's discount grocery number one: Coca-Cola. Both chains have for years used own-brand goods and low prices to woo customers from global giants like Carrefour, Tesco and Metro....