...Instead, he wants the new PPR to become a "lifestyle" company focused on clothing and accessory...transformation into a pure play luxury/lifestyle company could well create significant...competitive advantage in operating such lifestyle brands and why would they be successful...

...shares had committed to accepting the previous offer, made with the endorsement of the Tandberg board on November 10. Investors holding 24 per cent of the shares had publicly rejected it, more than enough to veto the transaction under Norwegian law, which requires...

Earlier this month, Aviva, one of a host of asset managers to impose redemption restrictions on its property funds in the

Vivendi, Europe's largest entertainment group by sales, recorded a 10.3 per cent increase in underlying profits in the first

...90m buying up a large swathe of the struggling pub chain's debt at a substantial discount.The move sees Heineken lift its holding of Globe's £200m of senior debt from 30 to 85.7 per cent at a price of about 50p on the pound. It also sees Heineken...

...It would be nice if we could expect leaders in the future to respond maturely to this wave of public criticism, but I'm not holding my breath. Because I can find no such grown-up strand in myself, I'm gloomy about finding it in others. There is plenty of...

...warned by the centre that they need to meet the terms of their licences by basing staff on the ground.Dubai, with its opulent lifestyle, may be the place of choice for bankers, but with most of the region suffering from the aftershocks of the financial crisis...

...Commonwealth Bank shed 2.5 per cent to A$52.64 while Westpac fell 2.3 per cent to A$24.70.Takeover target AXA Asia Pacific Holdings gave up 2.5 per cent to A$5.84 amid doubts that a higher offer for the insurer would emerge from suitor AMP.The S&P/ASX 200...

Gold's record-breaking run saw bullion breach the $1,150 level this week, helping silver, platinum, palladium and copper

...Hang Seng index above the 23,000 mark, although the benchmark finally settled 0.1 per cent lower at 22,914.15.China Strategic Holdings rose as much as 13 per cent after it agreed to sell its 30 per cent stake in AIG's Taiwan Life assurance unit to Chinatrust...