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Juicy Couture owner to buy UK’s Ted Baker for about $254 million
(Reuters) - Juicy Couture and Forever 21 owner Authentic Brands will buy Ted Baker in a deal worth roughly 211 million pounds ($254.26 million), the companies said on Tuesday, ending months of specula...
Syndicated Content Aug 16, 2022
UK unemployment rate holds at 3.8% in three months to June
LONDON (Reuters) -Britain's unemployment rate held at 3.8% in the three months to June, close to a half-century low, but there were some signs that the country's super-hot labour market was cooling, a...
Syndicated Content Aug 16, 2022
Philips says CEO Van Houten to leave in October
AMSTERDAM (Reuters) - Dutch health technology company Philips on Tuesday unexpectedly announced that Chief Executive Officer Frans van Houten would be replaced with company insider Roy Jakobs on Octob...
Syndicated Content Aug 16, 2022
Exclusive-Tencent plans to divest $24 billion Meituan stake -sources
By Julie Zhu and Kane Wu HONG KONG (Reuters) - China's Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise a...
Syndicated Content Aug 16, 2022
Bionic hand can be updated with new gestures, anytime, anywhere
By Paul Sandle LEEDS, England (Reuters) - Australian swimmer Jessica Smith has had an uneasy relationship with prosthetics since a childhood accident, but her convictions are being challenged by a Bri...
Syndicated Content Aug 16, 2022
Jewellery maker Pandora goes big on lab-made diamonds with North American launch
COPENHAGEN (Reuters) - Pandora, the world's largest jewellery maker, said on Tuesday it would move ahead with its bet on lab-made diamonds, following its announcement last year to stop selling mined d...
Syndicated Content Aug 16, 2022
Cryptoverse: Electric ether leaps on verge of Merge
By Medha Singh and Lisa Pauline Mattackal (Reuters) - It looks like ethereum's mega-upgrade is happening. Finally. After years of delays, the "Merge" seems all but certain to take place in September, ...
Syndicated Content Aug 16, 2022
Analysis-Ben & Jerry’s Unilever fight shows risks of ceding control
By Richa Naidu and Ross Kerber LONDON/BOSTON (Reuters) - Ben & Jerry's legal battle with Unilever sheds light on an issue affecting a growing number of purpose-led brands: how to maintain their identi...
Syndicated Content Aug 16, 2022
China to boost economic demand, speed up infrastructure – state planner
BEIJING (Reuters) - China will boost economic demand in a strong, reasonable and moderate manner and accelerate infrastructure construction in the third quarter of the year, officials from the state p...
Syndicated Content Aug 16, 2022
Analysis-Loosening financial conditions threaten central bank inflation fight
By Yoruk Bahceli (Reuters) - The U.S. Federal Reserve is hiking interest rates at the most aggressive pace in a generation, but the financial conditions it needs to tighten to tame soaring inflation a...
Syndicated Content Aug 16, 2022
Peoria, IL, USA
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