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THG founder Moulding foregoes pledge of shares under loan facility
By Abhinav Ramnarayan LONDON (Reuters) -Online beauty products retailer and tech group THG has received a notification from founder Matthew Moulding and his wife Jodie that they are foregoing a pledge...
Syndicated Content Oct 20, 2021
Gates Foundation allots $120 million for poor nations to get COVID-19 drug
(Reuters) - The Gates Foundation will allocate up to $120 million to help lower-income countries get an experimental COVID-19 drug being developed by U.S. drugmaker Merck & Co Inc in the battle agains...
Syndicated Content Oct 20, 2021
Burberry names Versace boss Akeroyd as new CEO
LONDON (Reuters) -British fashion house Burberry named Jonathan Akeroyd as its new chief executive officer from next April, appointing the current boss of Milan-based Gianni Versace and former Alexand...
Syndicated Content Oct 20, 2021
Deliveroo upgrades full-year forecast after strong third quarter
LONDON (Reuters) -Food delivery company Deliveroo upgraded its full-year growth forecast on Wednesday after the gross value of its orders in the third quarter increased 58% year-on-year, despite lockd...
Syndicated Content Oct 20, 2021
UK inflation declines unexpectedly in September – ONS
LONDON (Reuters) -British inflation slowed unexpectedly last month but the decline probably marked a temporary respite for consumers and the Bank of England is expected to address the acceleration by ...
Syndicated Content Oct 20, 2021
UniCredit joins net-zero banking alliance to cut carbon emissions
ROME (Reuters) - Italy's UniCredit said on Wednesday it had joined the Net-zero Banking alliance (NZBA), a group of banks committed to aligning lending and investment portfolios with net-zero emission...
Syndicated Content Oct 20, 2021
Rio Tinto plans $7.5 billion spend to halve carbon emissions by 2030
MELBOURNE (Reuters) -Anglo-Australian miner Rio Tinto announced on Wednesday a $7.5 billion plan to reduce carbon emissions by 50% by 2030, a reduction three times greater than its previous target. Th...
Syndicated Content Oct 20, 2021
‘They’ll have to pay’: Malaysia chip crunch triggers new era in supply deals
By Liz Lee KUALA LUMPUR (Reuters) - Malaysian electronics firms central to the supply of basic chips that drive the world's cars, smartphones and home devices say big-name customers are beating on the...
Syndicated Content Oct 20, 2021
Nestle raises full year sales outlook to 6-7% organic growth this year
ZURICH (Reuters) -Nestle raised its sales guidance on Wednesday, saying it now expects full year organic growth of 6-7% after strong retail sales and a recovery in out-of-home food consumption pushed ...
Syndicated Content Oct 20, 2021
Roche raises 2021 outlook as COVID-19 tests continue powering sales
(Reuters) - Roche raised its 2021 sales forecast on Wednesday after the Swiss drugmaker posted an 8% rise in nine-month revenues, powered by demand for COVID-19 tests and strength in the overall busin...
Syndicated Content Oct 20, 2021
Peoria, IL, USA
44 °F Mist
