Bain will buy Japanese apparel maker Mash Holdings for $1.44 bln
Private equity firm Bain Capital will acquire Mash Holdings for about 200 billion yen ($1.44 billion), a spokesperson for the Japanese apparel maker said. The…
Category: Business
Home Depot gives ‘mixed signals’ with quarterly beat, dim holiday view
Home Depot Inc (HD.N) tapped higher prices to override a drop in customer transactions for the third quarter and left its annual forecasts unchanged, signaling…
Slowed producer prices another plus for Fed’s inflation fight
Prices paid by U.S. businesses rose less than expected in October with some key components registering an out-and-out decline, another sign inflation may be easing…
Germany completes Wilhelmshaven floating LNG terminal, more to come
Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles…
Oct PPI adds to relief over cooling US inflation
U.S. producer prices increased less than expected in October, further evidence that inflation was starting to subside. The producer price index for final demand rose…
Fed focused on addressing ‘much too high’ inflation: Cook
Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on addressing inflation that is “much too high”, and businesses and…
China’s BYD scraps IPO plan for semiconductor unit
Chinese automaker BYD Co Ltd (002594.SZ) said on Tuesday it had scrapped plans to list its semiconductor unit in China, saying a move to increase…