Mike Ashley Floats New Plan to Stave Off Debenhams Equity Wipeout

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Mike Ashley Floats New Plan to Stave Off Debenhams Equity Wipeout

Billionaire Mike Ashley made a fresh bid to stave off a looming debt restructuring at Debenhams Plc that would wipe out his equity, offering to underwrite the issuance of 150 million pounds ($196 million) in new shares. The chief executive officer of Sports …
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Global Oil Prices Hit Fresh 2019 Highs as Libya Fighting Adds to Supply Concerns

Global oil prices touched fresh 2019 highs Monday, lifting U.S. crude past $63 for the first time since early November, as investors bet that OPEC supply cuts, sanctions on Iran and Venezuela and escalating military tensions in Libya will continue to support …
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Why 5G Phones Are Arriving With Subplot of Espionage

The 5G wireless technology now being introduced by phone companies promises to bring a world of innovations to mobile service — from connected
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Nikkei ends down as financials, exporters stumble

… * Financials, exporters fall on profit-taking. * Mining shares stage rally after oil prices rise to 5-month highs. * Yaskawa Electric’s earnings a key focus for investors this week. By Ayai Tomisawa. TOKYO, April 8 (Reuters) – Japan’s Nikkei ended lower on …
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Alcoa Tenn main office expanding

Talk about an Oz moment. For employees of the Alcoa Tenn Federal Credit Union accounting department it will be like waking up from the
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