By Jessie Pang and Joyce Zhou
HONG KONG (Reuters) - Cost-conscious Chinese tourists have replaced many of the cash-rich mainland travellers who once flocked to Hong Kong, with some only interested in free walking tours of the city and staying across the border in Shenzhen overnight to save money.
During China's Labour Day holiday last week, Laura Li, 28, and her cousin Diego Deng, 20, from northeastern Liaoning province, were among the... (continue reading...)
By Emma Rumney
LONDON (Reuters) - High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations, analysts, and investors who fear firms could be forced to discount.
China opened an anti-dumping investigation into brandy imported from the European Union in January, sparking fears cognac could suffer a similar blow to that taken by... (continue reading...)
By Emma Rumney
LONDON (Reuters) - High Chinese tariffs on EU brandy would leave French companies with vast amounts of cognac that could be hard to sell elsewhere, according to Reuters' calculations, analysts, and investors who fear firms could be forced to discount.
China opened an anti-dumping investigation into brandy imported from the European Union in January, sparking fears cognac could suffer a similar blow to that taken by... (continue reading...)
PARIS (Reuters) - Ailing French IT company Atos on Monday confirmed it had received four distinct offers from investors to restructure its debt and inject cash into the business.
The offers came from a consortium of Atos' banks, from Atos' largest shareholder Onepoint and from an investment firm linked to Czech billionaire Daniel Kretinsky. A fourth offer from Bain Capital has already been discarded by the board.
PARIS (Reuters) -Debt-laden French IT company Atos on Monday confirmed it had received four distinct offers from investors to restructure its debt and inject cash into the business, adding it would decide which one to pursue by the end of the month.
The offers came from a consortium of Atos' banks, from Atos' largest shareholder Onepoint and from an investment firm linked to Czech billionaire Daniel Kretinsky teamed up with investment fund Attestor.
... (continue reading...)More Reuters
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Atos says it received four restructuring offers
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Atos says it received four restructuring offers
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Atos says it received four restructuring offers
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