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Europe’s revenue growth expected to slow to a crawl in Q4
LONDON (Reuters) - Revenue at Europe's largest companies is expected to have risen by just 0.9% in the fourth quarter, Refinitiv I/B/E/S data showed on Tuesday, down from 27.4% in the third quarter an...
Syndicated Content Jan 24, 2023
Capricorn CEO quits board, NewMed merger in balance after shareholder battle
By Muhammed Husain and Shadia Nasralla (Reuters) -Capricorn Energy's chairperson, chief executive and three other directors have quit the board after weeks of shareholder pressure, led by activist inv...
Syndicated Content Jan 24, 2023
U.S. mattress maker Serta Simmons files for bankruptcy protection
By Jonathan Stempel (Reuters) - Serta Simmons Bedding LLC, which accounts for nearly one-fifth of U.S. bedding sales, has filed for bankruptcy protection in an effort to eliminate most of its debt, as...
Syndicated Content Jan 24, 2023
India tests domestic operating system days after Google’s antitrust setback
NEW DELHI (Reuters) - India's government on Tuesday tested locally developed mobile operating system BharOS, a move seen as challenging the dominance of Google's Android just days after the U.S. giant...
Syndicated Content Jan 24, 2023
KKR sees long-term future with Springer, says investor Kravis
By Klaus Lauer BERLIN (Reuters) - Axel Springer's major shareholder KKR sees itself as a long-term investor in the Berlin-based media company, U.S. investor and KKR founder Henry Kravis told Reuters o...
Syndicated Content Jan 24, 2023
Technical glitch briefly halts trading in some NYSE-listed stocks at open
(Reuters) -A slew of stocks were briefly halted for trading on the New York Stock Exchange, shortly after the market opened on Tuesday, due to a technical outage. Most of the stocks have resumed tradi...
Syndicated Content Jan 24, 2023
Levi Strauss holiday sales set to fall as shoppers move away from denim
By Ananya Mariam Rajesh and Deborah Mary Sophia (Reuters) - Levi Strauss & Co is expected to report a fall in quarterly sales for the first time in six quarters, as penny-pinched shoppers shift away f...
Syndicated Content Jan 24, 2023
U.S. card firms’ growth to moderate as luxury buying falters
By Manya Saini and Niket Nishant (Reuters) - U.S. card companies are expected to post the slowest revenue growth in seven quarters, as consumers tighten their purse strings and avoid spending on luxur...
Syndicated Content Jan 24, 2023
Investor Elliott builds key stake in Japan’s Dai Nippon Printing – sources
By Jyoti Narayan and Makiko Yamazaki (Reuters) -Hedge fund Elliott Management Corp has built a "significant" stake in Japanese automotive battery component supplier Dai Nippon Printing Co Ltd (DNP), s...
Syndicated Content Jan 24, 2023
Tennis-Tsitsipas sends cheeky invite to actress Margot Robbie after reaching semis
MELBOURNE (Reuters) - Stefanos Tsitsipas produced a blockbuster performance to reach the Australian Open semi-final on Tuesday then sent out an invitation to actress Margot Robbie to come and support ...
Syndicated Content Jan 24, 2023
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