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UK’s Morrisons faces investor heat over unhealthy food

Morrisons (MRW.L) on Thursday became the latest British supermarket group to be targeted by activist shareholders over the amount of unhealthy food it sells. Responsible investment group ShareAction said it,

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Jewelry retailer Alex and Ani files for Chapter 11 bankruptcy protection

Jewelry retailer Alex and Ani filed for Chapter 11 bankruptcy protection, according to a court filing made on Wednesday. The company’s estimated assets ranged from $100 million to $500 million

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Japan’s Olympic sponsors hire consultants to assess potential brand damage-FT

Japanese corporate 2020 Olympic sponsors have hired consulting firms to advise them on whether to push ahead with Olympic-themed marketing plans or limit their association with an event that could

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Chinese companies free to choose listing venues, but must obey laws – regulator

China’s top securities regulator said on Thursday that Chinese companies are free to choose their listing locations but they must abide by local laws and regulations. Yi Huiman, chairman of

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Deutsche Bank sees 300 million euro hit from recent court ruling

Deutsche Bank (DBKGn.DE) expects to take a 300 million euro ($365 million) hit from a recent court ruling that favours consumers over banking fees, the lender’s finance chief said on

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German car authority investigates Porsche over fuel consumption data

Germany’s car authority KBA has started a probe against Porsche (VOWG_p.DE), suspecting incorrect fuel consumption data for gasoline-powered cars, news portal Business Insider reported on Thursday. Porsche said it had

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United may split major jet order between Boeing, Airbus

United Airlines (UAL.O) is in talks to place a multibillion-dollar order for single-aisle jets to be potentially split between Boeing and European rival Airbus, industry sources said. If confirmed, the

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