By Divya Chowdhury and Savio Shetty (Reuters) – Chinese private equity firm CITIC Capital is actively bidding for a 22% stake in McDonald’s Corp’s <MCD.N> mainland China and Hong Kong businesses, its chairman and chief executive told Reuters on Thursday. The stake is being sold by state-owned CITIC Ltd <0267.HK>, which together with CITIC Capital […]
By Nichola Saminather and Jeff Lewis TORONTO (Reuters) – Canadian banks are beginning to relax lending standards for energy firms struggling to operate with oil prices at half the level needed to cover costs, seeking to keep them afloat until the industry recovers from its deepest slump ever. Banks are extending credit and waiving covenants […]
By Caroline Pailliez and Mourad Guichard PARIS/SARAN, France (Reuters) – Amazon <AMZN.O> workers in France are coming under unacceptable pressure, Finance Minister Bruno Le Maire said on Thursday, after staff complained they faced not getting paid if they stopped showing up due to fears of coronavirus contamination. Several hundred employees protested in France on Wednesday, […]
