Remy Cointreau Confident on Outlook after Strong First Half 

UPDATED: Shares in Remy Cointreau rose sharply after the drinks group posted consensus-beating first-half profits and raised its full-year earnings forecasts.

Swiss Life Plans Higher Dividend, Share Buyback 

Swiss Life said it will launch a CHF1 billion buyback starting next month and increase its dividend payout ratio to more than 60% from 2022, as it set out its midterm plans to target higher earnings and shareholder returns.

Generali in Talks to Buy Credit Agricole Unit 

UPDATED: Generali is in exclusive talks to buy Credit Agricole's La Medicale business, its insurance subsidiary for healthcare professionals.

Orange CEO Resigns After Fraud Verdict 

UPDATED: Orange chief executive Stephane Richard will leave the company on Jan. 31, 2022 at the latest after he was handed a one-year suspended jail sentence for fraud.

Chinese Property Developer Kaisa Proposes $400 Million Debt Swap 

Kaisa, which in 2015 became one of the first Chinese developers to default abroad, warned it risked reneging on its international debts again unless creditors agreed to the bond swap.

Lee Enterprises Enacts Poison Pill to Guard Against Alden Takeover 

The newspaper publisher said its board has approved a shareholder rights plan, effective for one year, that would block the hedge fund from acquiring more than 10% of the company as it considers the hostile bid.

AT&T, Verizon Propose 5G Limits to Break Air-Safety Standoff 

The wireless operators said they will limit the strength of service while regulators review the impact on planes and helicopters.

Deere Results Little Hurt by Five-Week Strike 

Revenue rose by double digits across the equipment manufacturer's major categories, as the company worked to move past the impact of a five-week worker strike that ended last week.

Instagram Boss to Testify in Congress on Child Safety 

Adam Mosseri will testify in Congress during the week of Dec. 6 to respond to questions about the app's effects on younger users sparked by a Wall Street Journal investigation.

Dimon Apologizes for Joke About JPMorgan Outlasting China's Communist Party 

JPMorgan's chief executive made the offhand remark days after he made a whirlwind trip to the Chinese financial hub of Hong Kong on a government travel exemption.


(END) Dow Jones Newswires

November 25, 2021 05:00 ET (10:00 GMT)

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