Posted at 07:32h
in
News
by KMFSLLP
British education company Pearson
said on Wednesday it would sell its remaining 25% stake
in publisher Penguin Random House to German partner Bertelsmann
, generating net proceeds of about $675 million.

...
Posted at 07:08h
in
News
by KMFSLLP
A year-long review into Britain's
audit sector has recommended a breakaway from the accounting
profession and the creation of a standalone industry with its
own governing principles to root out bad practice that has
rocked the sector in recent years.
Posted at 06:58h
in
News
by KMFSLLP
Japan's Hitachi Ltd said
on Wednesday it would sell its listed chemicals unit and
diagnostic imaging business in a deal totalling 673 billion yen
($6.2 billion), as the Japanese industrial conglomerate
overhauls its business portfolio.
Posted at 06:48h
in
News
by KMFSLLP
Kazakh President Kassym-Jomart
Tokayev on Wednesday named Kanat Bozumbayev, previously energy
minister, a presidential aide, and reshuffled a number of other
senior officials.

...
Posted at 06:40h
in
News
by KMFSLLP
* Comes as government plans $10 bln sale of parent's shares
(Adds previous disclosure, Japan Post Bank disclosure,
government share sale, Nikkei report on improvement order,
quote)

...
Posted at 06:37h
in
News
by KMFSLLP
* Oil Search jumps on likely boost to resources in Alaska
project

...
Posted at 06:35h
in
News
by KMFSLLP
* Bank pulls out of coal plants in Vietnam & Indonesia
-sources

...
Posted at 06:32h
in
News
by KMFSLLP
Swiss National Bank Chairman
Thomas Jordan cannot exclude more interest rate cuts, he said
in an interview published on Wednesday, although such a step was
not needed now.

...
Posted at 06:21h
in
News
by KMFSLLP
Hitachi Ltd said on
Wednesday it would sell its listed chemicals unit to electronic
materials maker Showa Denko for 494 billion yen ($4.55
billion) as the Japanese industrial conglomerate overhauls its
business portfolio.

...
Posted at 06:14h
in
News
by KMFSLLP
U.S. electric vehicle maker Tesla Inc
is considering cutting the prices of its China-built
Model 3 sedans by 20% or more next year, Bloomberg reported on
Wednesday, citing people familiar with the plans.