The S&P information technology and communication services indexes, which include Apple , Microsoft and Facebook, led gains after underperforming last month. Photograph: Getty

European stocks closed at a record high on Thursday as a rally in commodity prices lifted mining stocks and a slate of upbeat earnings reports offset (...)

The new Chinese regime in Hong Kong has raised concerns about Hong Kong’s future as a global financial centre. Photograph: Lam Yik Fei/The New York Times

US hedge fund Elliott Management is closing its Hong Kong office, becoming one of the first large financial institutions to shutter operations in the (...)

Shares in Aryzta, which owns the Cuisine de France brand in Ireland, are down 19 per cent over the past 12 months, notwithstanding a rally from late April. Photograph: Nick Bradshaw

Aryzta, the Swiss-Irish bakery group, said on Monday that it will scrap its Irish stock-market listing that dates back to 1988, underscoring how the g(...)

The decision to turn down the bid had been largely expected.

Bakery group Aryzta’s new board confirmed on Friday evening it was rejecting a €734 million takeover offer from US hedge fund Elliott Management and t(...)

Irish baked goods producer Cuisine de France is owned by listed company Aryzta, which held its agm in Switzerland on Tuesday behind closed doors. Photograph: Nick Bradshaw

A small number of activist investors in Aryzta saw through the completion of a boardroom overhaul at the Swiss-Irish bakery group’s annual general mee(...)

Aryzta, which owns the Cuisine de France label here, ended negotiations with Elliott in October

US hedge fund Elliott Management has made a firm offer for Aryzta and has financing from several lenders for the deal, putting pressure on the Swiss-I(...)

Arytza, owner of the Cuisine de France brand, is in a takeover battle.

Lodbrook Capital has become the latest large shareholder in embattled frozen baked goods group Aryzta to voice its opposition to a proposed takeover o(...)

Kevin Toland, who has stepped down as chief executive of Aryzta

Kevin Toland stepped down as chief executive of Aryzta on Thursday in a shake-up of management at the embattled baked goods company. Shareholders hav(...)

US stocks drop due to an unexpected rise in weekly jobless claims, compounding fears of a stalling economic recovery. Photograph: Richard Drew/AP

European shares sank on Thursday as a resurgence in Covid-19 cases across the continent and fading hopes for more US fiscal stimulus before the presid(...)

Aryzta  CEO Gary McGann speaks during the company’s annual shareholder meeting in 2018.  File photo: Reuters/Arnd Wiegmann

Fund managers and analysts who dialled into Aryzta’s full-year results conference call on Tuesday to get a sense of whether a rapport was developing b(...)

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