Recent Posts

Nomura CEO signals more job cuts in Europe

Bloomberg Next year is shaping up to be another tough one for Nomura Holdings Inc’s employees in Europe, with more job losses likely as the Japanese securities firm shifts business away from the region to more profitable centers in Asia and the US. Japan’s biggest investment bank needs to cut staff while finding ways to spur revenue in the region, ...

Read More »

India rule on e-comm giants may hurt shoppers

Bloomberg India’s new rules for foreign e-commerce platforms may be designed to protect local companies from Amazon.com Inc. and Walmart Inc., but consumers are likely to suffer the collateral damage. Online marketplaces must treat all vendors equally by providing the same terms, India’s trade ministry said. In practice, this means barring e-commerce companies from forcing a seller to feature products ...

Read More »

Booming budget travel helps Gatwick value soar in deal

Bloomberg Vinci SA is doubling down on budget travel with the $3.7 billion purchase of a controlling stake in Gatwick Airport. London’s second-busiest hub has more than tripled in value since it was bought by Global Infrastructure Partners for about 1.5 billion pounds ($1.9 billion) in 2009, mainly because of the surge in low-cost tourism. The skies looked very different ...

Read More »
Send this to a friend