PARIS (Reuters) – Heavily indebted French supermarket chain Casino on Thursday announced it would sell its residual equity stake in Brazilian retailer Assai, representing around 12% of the company’s share …
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cash-strapped
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Business News
Analysis-China moves to shut a lifeline for cash-strapped local governments
by Reutersby ReutersBy Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Pressure is mounting on China’s cash-strapped local governments as authorities move to shut a private funding route for their financing arms, …
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Business News
Cash-strapped Britons target ‘reduced to clear’ food, says Tesco
by Reutersby ReutersLONDON (Reuters) – Britain’s worsening cost-of-living crunch has led to a sharp rise in the number of shoppers looking for “reduced to clear” food, Tesco, Britain’s biggest supermarket group, said …
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HONG KONG – Cash-strapped Kaisa Group entered into a strategic co-operation agreement with state-owned China Merchants Shekou Industrial Zone Holdings and China Great Wall Asset Management on joint venture arrangements …