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...are set to take control of the company when the almost year-long bankruptcy process wraps up in July and are planning to install a fresh management team to oversee a turnround as it struggles with a slow recovery...
...“It is unlikely from today’s perspective, that we will hit our target leverage range by the end of 2024 without a meaningful recovery of the TV ad market,” said Wiedenfels....
...Back in Taipei, Acer chairman Jason Chen is also looking for signs of a recovery, in this case in the PC market....
...A strong Chinese recovery could also challenge the recent performance dominance of US equities, either directly or indirectly via Japanese or European assets....
...Laying claim to them would be fraught with legal and political complexity, and the chances of significant recoveries for offshore creditors from the mainland look slim....
...A version of this article was first published by Nikkei Asia on February 12. ©2024 Nikkei Inc. All rights reserved....
...The recovery in global corporate bond and loan markets began after the Federal Reserve signalled it sees a path to cutting interest rates later this year....
...It also warned that inflation in Europe’s largest economy would remain above the ECB’s 2 per cent target for several years, forecasting 2.5 per cent in 2025 and 2.2 per cent in 2026....
...A version of this article was first published by Nikkei Asia on January 16. ©2024 Nikkei Inc. All rights reserved....
...The Taiwanese chip giant reported 70 per cent recovery of its most critical equipment within 10 hours of the recent earthquake....
...There was little difference in Peloton’s investment “story” since McCarthy’s appointment, said Simeon Siegel, a BMO Capital Markets analyst who has a $24 target for its stock....
...It’s targets for next quarter were equally impressive. The stock rose 6.6 per cent in late trading....
...The listing would come on the back of a broader recovery in Japan’s IPO market, with the Topix stock index at a multi-decade high after rising more than 28 per cent since the start of the year....
...Mentioned in this podcast: FTC warns of ‘rampant’ pharma consolidation as it targets $28bn Amgen deal Italy overhauls plans for €200bn in EU Covid recovery funds Ukraine says it repelled ‘exceptional’...
...Compare that with Target’s flat result and the 4.6 per cent decline reported by Home Depot....
...Nabi, a beauty veteran who was hired in 2020 as the fifth boss in five years, has improved operations and helped drive a share price recovery to $11.70 from below $4 when she arrived....
...A version of this article was first published by Nikkei Asia on August 21. ©2023 Nikkei Inc. All rights reserved....
...And British brand Reome, founded by former beauty editor Joanna Ellner, launched with the multifunctional daily serum, Active Recovery Broth, which uses biotech forms of Vitamin B3 and E, instead of extracting...
...A version of this article was first published by Nikkei Asia on September 28. ©2023 Nikkei Inc. All rights reserved....
...Third-quarter results published on Wednesday suggest there is little point hoping for recovery this year....
...The minority group is so convinced of a chance for recovery that they plan to ask a judge for their own official committee in the company’s bankruptcy proceedings when they face off against Revlon’s debt...
...“They’re benefiting from the recovery and in mobility, that’s their core. But the delivery business is showing some signs of softness.”...
...Thailand is on track to surpass its 2022 target of 10mn foreign visitors, with total arrivals hitting 7.56mn as of October....
...The government is almost certain to miss its fiscal targets for this year so the drain on reserves is set to continue, he added....
...have repaired the debt-laden balance sheet.Occidental has also sought to reposition itself as one of the sector’s leaders on climate, setting a target for net zero emissions by 2050, including from the...
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