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Tencent-backed Airwallex secures e-payment license in China
(Reuters) - Australian fintech company Airwallex said on Tuesday it has secured an online payment business license in China by acquiring Chinese company Guangzhou Shang Wu Tong Network Technology. The...
Syndicated Content Mar 07, 2023
China to restructure sci-tech ministry to reach self-reliance faster- state media
BEIJING (Reuters) - China will restructure its science and technology ministry to better allocate resources for tackling challenges in key technologies and to move faster towards self-reliance, offici...
Syndicated Content Mar 07, 2023
HelloFresh shares drop as profit outlook disappoints
By Linda Pasquini (Reuters) -HelloFresh forecast 2023 profit below analysts' expectations on Tuesday, sending its shares down as much as 12.7%, as fewer people order its meal kits in reopening economi...
Syndicated Content Mar 07, 2023
Lindt & Spruengli proposes dividend hike as 2022 sales, profit climb
ZURICH (Reuters) - Lindt & Spruengli said its 2022 profit rose and the Swiss chocolate maker also proposed a higher dividend payout on Tuesday, despite a challenging year that saw inflationary price h...
Syndicated Content Mar 07, 2023
Lego looks to build on 2022 sales growth with more China stores
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Toymaker Lego said store openings in China and strong demand in Western Europe and the Americas had delivered 17% sales growth in 2022, adding that it...
Syndicated Content Mar 07, 2023
India’s Adani Group pre-pays over $900 million worth share-backed financing
BENGALURU (Reuters) - Embattled Indian conglomerate Adani said on Tuesday it prepaid share-backed financing of 73.74 billion rupees ($901.16 million), as part of its promoters' commitment to cut overa...
Syndicated Content Mar 07, 2023
Carlsberg searching for new CEO after Cees ’t Hart says to retire
STOCKHOLM (Reuters) - Denmark's Carlsberg said on Tuesday Chief Executive Cees 't Hart had decided to retire after eight years on the job, and a search for his successor was ongoing. The brewer said i...
Syndicated Content Mar 07, 2023
Inside BP’s plan to reset renewables as oil and gas boom
By Ron Bousso, Shadia Nasralla and Sarah McFarlane LONDON (Reuters) - BP hasn't fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney's pursuit of green energy outst...
Syndicated Content Mar 07, 2023
British baker Greggs warns of ongoing inflation challenge
LONDON (Reuters) - Britain's popular baker and fast food chain Greggs warned that high inflation would continue to be a challenge this year, but said it was confident its value offer of sausage rolls,...
Syndicated Content Mar 07, 2023
Spain’s Indra begins succession process for new CEO
(Reuters) - Spanish technology company Indra said late on Monday it would begin a process to appoint a new chief executive (CEO) to replace Ignacio Mataix, saying the decision was linked to a new stra...
Syndicated Content Mar 07, 2023
Peoria, IL, USA
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