Category Archives:
UK’s Aston Martin to raise 653 million pounds, Saudi’s PIF to become major investor
(Reuters) -Aston Martin said on Friday it was looking to raise 653 million pounds ($771.58 million) through a right issue to shareholders, while bringing in Saudi Arabia's sovereign wealth fund as its...
Jul 15, 2022
UK fast-charging battery startup Nyobolt raises $59 million
By Nick Carey LONDON (Reuters) - British fast-charging battery startup Nyobolt said on Friday it has raised 50 million pounds ($59 million) in Series B funding to build a UK manufacturing plant in 202...
Jul 15, 2022
Column: Undermining half the 30-year bond bull run: Mike Dolan
By Mike Dolan LONDON (Reuters) - A more insular world economy will come at a high price if the era of global currency reserve building follows globalisation into reverse. By some estimates, it could r...
Jul 15, 2022
Richemont posts 12% Q1 sales increase as markets outside Asia grow
ZURICH (Reuters) -Luxury goods group Richemont said on Friday higher sales in Europe, the Americas, Japan and the Middle East offset lower sales in the Asia Pacific region during the three months to J...
Jul 15, 2022
Chocolate factory to restart production after salmonella scare – Barry Callebaut
BERLIN (Reuters) - Barry Callebaut said that it would restart the first chocolate production lines as of early August at its factory in Wieze, Belgium, following a salmonella outbreak at the site. The...
Jul 15, 2022
Ericsson’s $6.2 billion Vonage takeover gets U.S. clearance
COPENHAGEN (Reuters) - Sweden's Ericsson said on Friday it had received clearance from the Committee on Foreign Investment in the United States (CFIUS) to complete its acquisition of cloud communicati...
Jul 15, 2022
TomTom’s Q2 loss widens as inflation, supply chain issues weigh
(Reuters) - Dutch navigation and digital mapping company TomTom on Friday reported worse-than-expected loss for the second quarter, citing high inflation and strained supply chains. The Amsterdam-base...
Jul 15, 2022
Handelsbanken’s second-quarter operating profit misses forecasts
STOCKHOLM (Reuters) - Swedish bank Handelsbanken reported a second-quarter profit well below forecasts on Friday. Operating earnings at the 150-year-old rival to Swedbank, SEB and Nordea fell to 5.25 ...
Jul 15, 2022
After bruising year, GSK approaches consumer split in better health
By Natalie Grover LONDON (Reuters) - Things are looking up for GSK and its chief Emma Walmsley as the British drugs giant prepares to spin off its consumer health business on Monday in London's bigges...
Jul 15, 2022
Analysis: Credit investors see more risk ahead as recession fears rise
By Davide Barbuscia NEW YORK (Reuters) - Rising recessionary concerns are seeing some investors reduce risk in their credit exposure as they brace for an economic slowdown whose magnitude remains high...
Jul 14, 2022
Peoria, IL, USA
62 °F Light Rain With Thunderstorm, Mist
