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Versace deal with Blackstone values group at 1 billion euros

YoopyaFeb 27, 2014October 28, 20230

(Reuters) – Italy’s Versace said on Thursday it had signed an agreement with Blackstone that will see the U.S. private equity firm take a 20

How Citigroup stumbled in the Mexican housing market

YoopyaFeb 26, 2014September 30, 20230

(Reuters) – Just outside the town of Zumpango, about an hour from Mexico City, packs of stray dogs sniff around abandoned homes in a half-empty

A one-hour class could cut the college dropout rate

YoopyaFeb 25, 2014September 30, 20230

(Reuters) – First generation college students get lower grades and are more likely to drop out – an achievement gap that threatens efforts to boost

Western Union faces probe for fraud-induced money transfers

YoopyaFeb 25, 2014October 30, 20230

(Reuters) – Money-transfer company Western Union Co (WU.N) is being probed by the Federal Trade Commission and a U.S. district court over fraud-induced money transfers,

Markets flooded with cash, should Fed prep to stamp out risk?

YoopyaFeb 21, 2014October 30, 20230

(Reuters) – A debate is growing louder within the Federal Reserve over whether it should stand ready to raise interest rates to prick any risky

Coca-Cola shares hit by profit fall

YoopyaFeb 19, 2014November 1, 20230

Shares of beverage giant Coca-Cola saw their biggest fall in two years after its profit fell due to slowing sales in the US and Europe.

Dongfeng deal buys time and new blood for Peugeot

YoopyaFeb 19, 2014October 30, 20230

(Reuters) – PSA Peugeot Citroen (PEUP.PA) and China’s Dongfeng have agreed a 3 billion euro ($4.1 billion) capital tie-up that brings the troubled French carmaker

World stocks hit 3-1/2 week high, dollar weak

YoopyaFeb 17, 2014November 25, 20230

(Reuters) – World stocks hit 3-1/2 week highs on Monday, helped by encouraging news on Chinese lending, while the dollar hit six-week lows following recent

Jamaica aims to revive economy with port hub

YoopyaFeb 17, 2014November 25, 20230

OLD HARBOR, Jamaica (AP) — This hardscrabble harbor town on Jamaica’s southern coast seems an unlikely contender in an emerging regional competition over the shipping

Analysis – Snow blind: winter’s wrath obscures views on U.S. economy

YoopyaFeb 14, 2014November 25, 20230

(Reuters) – Interpreting U.S. economic figures in the last couple of months has taken on a familiar pattern: wonder about possible weakness in demand, and