LONDON Mike Ashley, the billionaire owner of sports goods chain Sports Direct , could step in to save BHS, the 88-year-old British retailer that collapsed last Monday, the Sunday Telegraph reported.
Recent Business News
FRANKFURT Euro area inflation will rise only gradually but giving up the target is not an option even if the European Central Bank has a "very flexible" interpretation of its medium-term objective, ECB board member Benoit Coeure told a German newspaper on Sunday.
LONDON British MPs have asked retail billionaire Philip Green and his wife Tina to appear before them within the next few weeks to help with inquiries into the failure of department store chain BHS and its pension liabilities.
SINGAPORE/HONG KONG, April 30 British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit's IPO, people familiar with the matter said, kicking off its long-awaited listing plan.
- Gold: PRECIOUS-Gold, silver hit 15-month highs as dollar slides
- Oil Report: MIDEAST STOCKS-Gulf markets pull back; banks weigh on Saudi, Abu Dhabi
- British Pound Report: Sterling resumes rally, climbs towards 12-week high
- US Dollar Report: Yen hits 18-month high versus dollar, stays firm after BOJ skips easing