Sports Direct offers to fund Debenhams' rescue in return for CEO job

Sports Direct offers to fund Debenhams' rescue in return for CEO job

LONDON (Reuters) – Sports Direct said on Monday it had offered to underwrite a 150 million pound ($196 million) rights issue at Debenhams in exchange for its boss Mike Ashley taking the top job at the ailing retailer. Sports Direct, which has been trying to …
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Ford slots Puma under Kuga in Europe

AMSTERDAM — It’s almost time for the Puma to pounce. Ford will launch its Puma crossover in Europe late this year. The vehicle has sporty styling and is designed to appeal to customers who want a less utilitarian small utility, the automaker said.
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Bounce in resource stocks lifts ASX above 6200

Resources stocks led a bounce on the Australian sharemarket today but financials remained under pressure as the housing market continued to slide. Following a 0.5 per cent gain on Wall Street on Friday, the S&P-ASX 200 index climbed 40.1 points, or 0.65 …
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Carlos Ghosn Ousted From Nissan Board

TOKYO— Nissan Motor Co. NSANY -0.24% shareholders voted to remove former Chairman Carlos Ghosn from the board at a three-hour extraordinary shareholders’ meeting, severing his final link to the company. Shareholders also voted Monday to replace …
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Euronext says Norwegian regulator gives positive view on bid for Oslo Bors

PARIS (Reuters) – Euronext said its 6.8 billion Norwegian crowns ($790 million) offer for Oslo Bors received a positive reception from the Norwegian financial supervisory authority, as the European exchange group looks to see off Nasdaq in its bid for …
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