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  • Logo of Toshiba Corp is seen as people are reflected on a window at the company's Hydrogen Energy R&D Center after its opening ceremony in Tokyo

    Toshiba Corp will file its annual report up to two months later than usual as an ongoing independent investigation into accounting irregularities will likely last until mid-July, the Japanese conglomerate said on Friday. Toshiba has not been able to close its books for the year that ended in March because of the investigation …

  • General Electric Co (GE.N) has picked Deutsche Bank (DBKGn.DE) to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus the U.S. conglomerate around its industrial base, two sources familiar with the matter said. Milan-based GE Capital Interbanca specializes in lending and financing transactions …

  • Sahara denies report of it bidding for Grosvenor House Reuters - Thu, May 28, 2015 17:27 BST

    Troubled conglomerate Sahara, the founder of which has been held in a jail for more than a year, has dismissed media reports saying it is participating in an auction of the Grosvenor House hotel in London as "incorrect and speculative". Sahara bought the Grosvenor in 2010 but the hotel was placed in administration and …

  • India's Sahara denies it is bidding for Grosvenor House Reuters - UK Focus - Thu, May 28, 2015 17:20 BST

    Troubled Indian conglomerate Sahara, the founder of which has been held in a jail for more than a year, has dismissed media reports saying it is participating in an auction of the Grosvenor House hotel in London as "incorrect and speculative". Sahara bought the Grosvenor in 2010 but the hotel was placed in administration …

  • Malaysia's Genting Q1 net profit up 24.6 pct Reuters - Thu, May 28, 2015 12:01 BST

    KUALA LUMPUR, May 28 (Reuters) - Malaysian conglomerate Genting Bhd on Thursday posted a 24.6 percent rise in first-quarter net profit, partly driven by gains on the disposal of financial assets. Net profit ...

  • A Sony Corp <6758.T> executive in charge of its TV business said it would raise prices to absorb the impact of a strengthening dollar to ensure profitability at the unit, considered one of the weaker parts of the electronics and entertainment conglomerate. Ichiro Takagi, head of the company's home entertainment and sound …

  • Shedding the flaming heart and sporting a sleeker, bolder logo, HUSTLER HOLLYWOOD is completely rebranding itself as a smarter, sexier and unapologetic modern lifestyle conglomerate.

  • Broker tips: IAG, Weir, De La Rue, Taylor Wimpey, Insurers Sharecast - Wed, May 27, 2015 12:35 BST

    Credit Suisse has maintained its 'outperform' rating for airline conglomerate IAG after its proposed €1.4bn acquisition of Irish carrier Aer Lingus received the green light from the Irish government.

  • Credit Suisse has maintained its 'outperform' rating for airline conglomerate IAG after its proposed €1.4bn acquisition of Irish carrier Aer Lingus received the green light from the Irish government.

  • The sign hanging outside the Toshiba booth is seen at the International Consumer Electronics show (CES) in Las Vegas

    Japanese industrial conglomerate Toshiba Corp is considering paying a special dividend to compensate investors after skipping a year-end payment due to a probe into accounting irregularities, sources familiar with the situation said. The company has set up a third-party committee to conduct an independent inquiry into …

  • Logo of Toshiba Corp is seen at the company's Hydrogen Energy R&D Center during its opening ceremony in Tokyo

    Japan's Toshiba Corp is likely to seek an extension for its annual securities filing deadline amid a probe of past accounting irregularities, seeking to avoid being placed under supervision by the Tokyo bourse, sources said on Tuesday. The industrial conglomerate has set up a third-party committee to conduct an independent …

  • The company logo is displayed at the Samsung news conference at the Consumer Electronics Show (CES) in Las Vegas

    Samsung Group's de facto holding company on Tuesday sought another cornerstone as it reconstructs South Korea's biggest conglomerate to smooth the path for management succession, offering more than $8 billion to buy an affiliate with a key stake in flagship firm Samsung Electronics. Cheil Industries Inc, with interests …

  • Rusagro's Q1 earnings boosted by weak rouble, import ban Reuters - UK Focus - Mon, May 25, 2015 09:23 BST

    Russian farming conglomerate Rusagro Group said on Monday its first-quarter net profit almost doubled year-on-year, boosted by higher prices and improved sales due to the weaker rouble and import restrictions. ...

  • Russia's Rusagro says Q1 net profit almost doubles Reuters - UK Focus - Mon, May 25, 2015 09:01 BST

    Russian farming conglomerate Rusagro said on Monday its first-quarter net profit rose 90 percent to 4.25 billion roubles , helped by higher sales and prices. The company also reported a 110 percent jump ...

  • Logo of Toshiba Corp is seen as people are reflected on a window at the company's Hydrogen Energy R&D Center after its opening ceremony in Tokyo

    Japan industrial conglomerate Toshiba Corp said on Friday it would investigate accounting practices in its TV, computer and chip businesses, extending a probe already under way into irregularities that led to profits being overstated by at least $415 million in recent years. The move comes after Toshiba last week set up …

  • A Delaware judge on Wednesday approved a $275 million shareholder settlement involving videogame maker Activision Blizzard Inc and awarded the small law firms that brought the case a $72.5 million fee. The owner of the "Call of Duty" game agreed to the settlement last year, which ended a shareholder lawsuit challenging …

  • The dismissed CEO and labour union of Berau Coal Energy have filed a lawsuit against the managers installed by the company's controlling shareholder, Asia Resource Minerals PLC (LSE: ARMS.L - news) (ARMS), the latest twist in a tussle for control of Indonesia's fifth-biggest coal miner. It could also complicate a bid …

  • SEOUL/SINGAPORE (Reuters) - Samsung's heir-apparent Jay Y. Lee faces a delicate balancing act: carefully pacing preparations for change - of style more than strategy - at South Korea's biggest conglomerate, while preserving his ailing father's legacy from more than a quarter of a century in charge. Samsung Group, a sprawling …

  • The General Electric logo is seen in a Sears store in Schaumburg

    General Electric Co (GE.N) would lose a $350-million deal to build locomotives for Angola, and perhaps billions of dollars more in future export opportunities, if Congress closes the U.S. Export-Import Bank, a senior GE executive told Reuters. "It would be gone," GE Transportation unit president Russell Stokes said of …

  • Sinar Mas to merge ARMS acquisition vehicle with Singapore-listed unit Reuters - UK Focus - Tue, May 19, 2015 12:55 BST

    Indonesian conglomerate Sinar Mas Group plans to merge the vehicle it is using to acquire Asia Resource Minerals PLC with its Singapore-listed unit, Golden Energy and Resources Ltd, an executive said on ...

  • Indonesian conglomerate Sinar Mas Group said it is confident of winning control of Asia Resource Minerals PLC (ARMS) as it is offering a premium for the London-listed miner and there is no higher rival bid, an executive said on Tuesday. Asia Coal Energy Ventures Ltd, which is managed by Argyle Street Management and funded …

  • Indonesia Sinarmas says to discuss Asia Resource Minerals bid in briefing Reuters - UK Focus - Tue, May 19, 2015 10:26 BST

    Indonesian conglomerate Sinarmas Group will hold a briefing later on Tuesday to discuss its bid for London-listed coal miner Asia Resource Minerals PLC , its spokesman said on Tuesday. Sinarmas and hedge ...

  • Saudi's Algosaibi to present improved offer to creditors June 2 Reuters - UK Focus - Mon, May 18, 2015 14:59 BST

    Saudi Arabian family conglomerate Ahmad Hamad Algosaibi and Brothers (AHAB), at the centre of one of the Middle East's largest debt restructurings, said on Monday it would present an improved offer to creditors on June 2. AHAB has direct liabilities to banks and financial institutions worth around $6 billion, it disclosed …

  • MOSCOW/MUMBAI (Reuters) - Russian billionaire Vladimir Yevtushenkov, owner of conglomerate Sistema, said on Friday he has held talks with tycoon Anil Ambani's Reliance Communications about a possible joint venture in India. Yevtushenkov said he had no plans to sell his Indian telecoms business Sistema Shyam Teleservices, …

  • Toshiba sets up new panel to expand accounting probe Reuters - Fri, May 15, 2015 14:11 BST
    Logo of Toshiba Corp is seen as people are reflected on a window at the company's Hydrogen Energy R&D Center after its opening ceremony in Tokyo

    Toshiba Corp <6502.T> has set up a committee headed by a former prosecutor to broaden a probe of accounting irregularities that overstated operating profits by at least $420 million (£267.1 million) in recent years. The industrial conglomerate spooked investors last week, saying it was extending an investigation into inappropriate …

  • MOSCOW/MUMBAI (Reuters) - Russian billionaire Vladimir Yevtushenkov, owner of conglomerate group Sistema (AFKS.MM), said on Friday that he has held talks with tycoon Anil Ambani's Reliance Communications (RLCM.NS) about a joint venture in India. Bloomberg reported earlier on Friday that Reliance Communications was in talks …

  • Aboitiz Equity Ventures Inc (AEV.PS) said it plans to partner with Irish building supplies group CRH Plc (CRH.I) to buy the Philippines cement business of France's Lafarge (LAFP.PA), seeking to diversify into infrastructure. Aboitiz, a large Philippines' conglomerate with interests in power generation and banking, said …

  • Philippines' Aboitiz Equity plans to buy Lafarge's local cement business Reuters - UK Focus - Fri, May 15, 2015 06:03 BST

    Philippine conglomerate Aboitiz Equity Ventures Inc said on Friday it had signed an agreement for a possible acquisition of Lafarge's local cement operations in partnership with Irish building supplies ...

  • Samsung Group [SAGR.UL] heir apparent Jay Y. Lee will take over from his father Lee Kun-hee as head of two key foundations, the conglomerate said on Friday, suggesting that a transfer of leadership is underway at South Korea's largest conglomerate. Jay Y. Lee, 46, will succeed his 73-year-old father, who has been hospitalised …

  • Jay Y. Lee, son of Samsung Electronics chairman Lee Kun-hee and the company's chief operating officer arrives at the company's headquarters in Seoul

    Samsung Electronics Co Ltd Vice Chairman Jay Y. Lee [SAGR.UL] will take over from his father and Samsung Group patriarch Lee Kun-hee as head of two key foundations, replacing his father in leadership roles for the first time. Samsung Group said in a statement Jay Y. Lee would succeed his father as head of Samsung Life …

  • Conglomerate Hutchison Whampoa Ltd <0013.HK>, controlled by tycoon Li Ka-shing, confirmed on Thursday it is in talks with Russian telecoms group VimpelCom Ltd (VIP.O) about a possible merger of their Italian mobile businesses. Hutchison said is in "exploratory negotiations" about a merger of Hutchison's 3 Italia S.p.A. …

  • A view of the Dupont logo on a sign at the Dupont Chestnut Run Plaza facility near Wilmington, Delaware

    DuPont (DD.N) repelled a board challenge from activist investor Nelson Peltz on Wednesday, dealing him a surprising blow after shareholders backed all 12 directors nominated by the U.S. chemical conglomerate's management. Peltz's Trian Fund Management had sought four seats on the board, including one for himself, and had …

  • The German-based holiday conglomerate is phasing out the well-known brand after 50 years

  • The German-based holiday conglomerate is phasing out the well-known brand after 50 years

  • Auris, a subsidiary of the telecommunications conglomerate Cima Group, adds another strategic partner in Latin America by closing a deal with the largest Panamanian cable company, Cable Onda. Through the use of the Auris Wholesale Platform, Cable Onda can now engage in arbitrage with the international long distance traffic …

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