Sompo Japan Weighs Scor Stake Purchase

Related Link: 

Sompo Japan Nipponkoa Holdings said it is considering buying a stake in French reinsurance giant Scor SE, in a deal that could reportedly be worth over $900 million.

Japan's Family Mart in Talks With UNY Group

Related Link: 

Japanese convenience-store operator Family Mart Co. is in talks with UNY Group over a possible merger, in a deal that would create the second-biggest convenience store chain in Japan by sales, people familiar with the matter said.

Espírito Santo Debt Imperils Customers

Related Link: 

Thousands of customers whose investments in Espírito Santo commercial paper were wiped out were promised reimbursement by the conglomerate’s bailed-out banking unit. But the unit has backtracked on that vow.

Latest Oil Dilemma: Where to Put It

Related Link: 

As oil-storage tanks near capacity, some analysts predict the spillover will send crude prices even lower.

Elaine Wynn Launches Bid for Board Seat

Related Link: 

Wynn Resorts co-founder Elaine Wynn launched a bid to remain on the board, the latest power struggle at the casino operator.

U.S. Furniture Survivor Tries to Go Global

Related Link: 

Low prices and speedy production have made Ashley by far the biggest U.S.-based furniture maker and retailer. Now, it is turning its sights on Asia.

Apple Pay Stung by Low-Tech Fraudsters

Related Link: 

Apple’s new mobile-payment system has been hit by a wave of fraudulent transactions using credit-card data stolen in recent breaches of big retailers.

Life Time Fitness in Talks With Two Private-Equity Groups

Related Link: 

Gym chain Life Time Fitness Inc. is in advanced talks with private-equity bidders, according to people familiar with the matter.

Adidas Loss Widens

Related Link: 

Adidas reported a significantly wider fourth-quarter loss, capping a tough year for the embattled German sportswear group.

EU Court Rules E-Books Are Services, Not Goods

Related Link: 

Electronic books cannot share the same reduced rate of value-added tax as paper books, the top EU court ruled, because e-books are ‘electronically supplied services,’ not goods.

Syndicate content