South Africa throws troubled Transnet $2.5 bln lifeline

[ad_1] Container ships are seen outside the harbour as workers at South Africa’s state-owned logistics firm Transnet continue to protest outside the Port of Cape Town on their nationwide strike…

Scotiabank sells stake in Canadian Tire’s financial arm back to retailer for C$895 million

[ad_1] [1/4]The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo Acquire Licensing Rights Oct 31 (Reuters)…

Seven & i department store unit union threatens to strike over Fortress deal

[ad_1] The logo of Seven & I Holdings is seen at its headquarters in Tokyo, Japan December 6, 2017. REUTERS/Toru Hanai/File Photo Acquire Licensing Rights TOKYO, Aug 28 (Reuters) –…

Wall Street ends higher with boost from big tech

[ad_1] Johnson & Johnson announces to split into two companies Consumer sentiment hits 10-year low Tesla slides as Musk sells more shares NEW YORK, Nov 12 (Reuters) – Wall Street…

Kohl’s warns of margin pressure, shares tumble 12%

[ad_1] May 20 (Reuters) – Kohl’s Corp (KSS.N) on Thursday warned of a hit to its full-year profit margin from higher labor and shipping costs as well as selling fewer…

Engine Capital pushes Kohl’s to review sale, separate e-commerce business

[ad_1] Dec 6 (Reuters) – U.S.-based hedge fund Engine Capital LP is pushing Kohl’s Corp (KSS.N) to consider a sale of the company or separate its e-commerce division to improve…