stake

Chris McGrath/Getty Images News Rakuten Group (OTCPK:RKUNY) (OTCPK:RKUNF) is looking to offload a big stake in its bank unit to overseas investors in an bid to shore up its finances, according to a media report dated Wednesday. The…

Sir Rocco Forte is increasing the pace of expansion of his luxury hotel group after selling a 49 per cent stake to Saudi Arabia’s sovereign wealth fund which values the business at £1.4 billion. Rocco Forte Hotels announced the sale of…

4/4 © Reuters. Members of Ukraine's National Guard Omega Special Purpose unit fire a mortar toward Russian troops in the front line town of Avdiivka, amid Russia's attack on Ukraine, in Donetsk region, Ukraine November 8, 2023. Radio…

Mario Tama/Getty Images News Update 10:35pm: Adds Phillips 66 comment. Phillips 66 (NYSE:PSX) rose 4% after activist investor Elliottt Investment Management disclosed it had taken a $1 billion stake in the refiner and is seeking board…

maumapho/E+ via Getty Images Activist investor Elliott Investment Management has taken a more than $2 billion stake in Crown Castle (NYSE:CCI) and is expected to push for change at the owner of wireless towers. Elliott plans to engage…

© Reuters. FILE PHOTO: The McDonald's company logo stands on a sign outside a restaurant in Bretigny-sur-Orge, near Paris, France, July 30, 2020. REUTERS/Benoit Tessier/File Photo By Kane Wu and Granth Vanaik (Reuters) -McDonald's…

Milei, on the left, leads Massa in the final pollsLatin America's second largest economy heads to the polls today in a major election featuring an outsider taking on Peronist economy minister Sergio Massa.Javier Milei has made major waves…

In a regulatory filing detailing its U.S.-listed stock holdings as of Sept. 30, Berkshire reported no holdings in GM and P&G, after reporting stakes of $848 million and $48 million in June, and said it reduced its stake in Amazon by…

© Reuters. FILE PHOTO: The logo of National Bank is seen outside a branch in Athens March 23, 2015. REUTERS/Alkis Konstantinidis/File Photo By Lefteris Papadimas ATHENS (Reuters) - Demand for a 20% stake in Greece's National Bank…

Alphabet’s decision to completely divest from Robinhood raises questions about the tech giant’s confidence in the long-term viability of the once-burgeoning fintech darling. In a recent development, Alphabet Inc (NASDAQ: GOOGL), the…