News Highlights: Top Company News of the Day
November 26 2020 - 10:30PM
Dow Jones News
German Prosecutors Examine Ernst & Young's Role in Wirecard Collapse
German prosecutors said they are examining Ernst & Young's
role in the collapse of disgraced payments operator Wirecard,
ratcheting up pressure on the audit firm.
With Slack, Salesforce Would Put Heat on Microsoft
The battle to be the go-to business-software provider is
intensifying, as Salesforce looks to acquire Slack
Technologies.
AstraZeneca Defends Dosing Error in Covid-19 Vaccine Trial
A top AstraZeneca executive pushes back against criticism that
the company failed to disclose enough data from a clinical trial of
its Covid-19 vaccine.
Disney Plans More Layoffs as Pandemic Hits Businesses
The entertainment company said it would lay off about 32,000
employees, primarily at its theme parks, as the coronavirus
pandemic continues to drag on its businesses.
U.K.'s Centrica Seeks to Sell Liquefied Natural Gas Portfolio
The energy supplier is trying to sell its portfolio of LNG
supply contracts and other assets, according to people familiar
with the matter, as it seeks to simplify its operations amid
volatile LNG prices.
Sycamore Bids $540 Million for Ann Taylor, Other Ascena Brands
Ascena Retail Group said the private equity firm has committed
to retaining a "substantial portion" of the stores it seeks to buy
out of bankruptcy.
JD Health IPO Will Set Hearts Racing
The record initial public offering of fintech giant Ant Group
crashed before taking off. Another Chinese tech listing in Hong
Kong should fare better.
Repsol Unveils Five-Year Investment Plan
Repsol said it would invest EUR18.3 billion until 2025 in a push
to accelerate its energy transition, become more sustainable and
boost shareholder returns.
Remy Cointreau Sees Rebound as Profit Tops Hopes
Remy Cointreau posted a better-than-forecast interim operating
profit of EUR106.2 million and said it continues to expect a
second-half recovery, led by the U.S. and China.
Facebook's Latest Error Shakes Advertisers' Confidence
The company quietly told advertisers this month that its
"conversion lift" tool, used to measure outcomes, overestimated
some campaign results.
(END) Dow Jones Newswires
November 26, 2020 23:15 ET (04:15 GMT)
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