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Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares

Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares

(Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major Europ..

Cryptoverse: TON takes off on Telegram tie-up

Cryptoverse: TON takes off on Telegram tie-up

(Reuters) – A coin called TON has leapt in value in recent months, with investors betting its integration with messenger service..

Quotes: HSBC Chief Executive Quinn announces surprise retirement

Quotes: HSBC Chief Executive Quinn announces surprise retirement

(Reuters) – HSBC said on Tuesday its Chief Executive Noel Quinn will retire – a surprise departure by its hard-nosed leade..

Thailand records nearly 12 million tourists in first four months

Thailand records nearly 12 million tourists in first four months

BANGKOK (Reuters) – Thailand recorded 11.95 million foreign tourist arrivals from the January to April 28 period, its tourism mi..

L’Occitane’s billionaire owner Geiger to take firm private in $1.8 billion deal

L’Occitane’s billionaire owner Geiger to take firm private in $1.8 billion deal

(Reuters) – Hong Kong-listed L’Occitane International’s chairman and controlling shareholder will take the French sk..

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years

ZURICH (Reuters) -Logitech International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesday..

European stocks eke out gains after German inflation data; Deutsche Bank drops

European stocks eke out gains after German inflation data; Deutsche Bank drops

(Reuters) -European shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while Deutsche Bank..

FTSE 100 extends record streak on company news

FTSE 100 extends record streak on company news

(Reuters) -Britain’s FTSE 100 extended its record rally for the fifth straight session on Monday, helped by positive corporate u..

Oil falls on Middle East talks, dimming near-term US rate cut hopes

Oil falls on Middle East talks, dimming near-term US rate cut hopes

(Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears of a wider Middl..

ECB’s Knot: increasingly confident about disinflation

ECB’s Knot: increasingly confident about disinflation

FRANKFURT (Reuters) – Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the Europe..