Category Archives:
Factbox-Burberry’s new CEO Akeroyd returns to British roots
(Reuters) - British fashion house Burberry named Jonathan Akeroyd as its new chief executive officer from next April, poaching the boss of Milan-based Gianni Versace and former Alexander McQueen head ...
Oct 20, 2021
EU court backs Lufthansa, easyJet deals over Air Berlin assets
BRUSSELS (Reuters) - Europe's second top court on Wednesday backed German airline Lufthansa and British peer easyJet's acquisitions of insolvent German carrier Air Berlin's assets four years ago. The ...
Oct 20, 2021
Wage dispute deepens at German public banks as inflation fears persist
By Tom Sims and Frank Siebelt FRANKFURT (Reuters) - A labour dispute at Germany's public-sector banks deepened on Wednesday after a third round of talks failed to reach agreement, with inflation fears...
Oct 20, 2021
UBS warned Santander it would apply compensation rules to Orcel if he left
MADRID (Reuters) - Axel Weber, the chairman of UBS, warned his Santander counterpart Ana Botin in September 2018 the Swiss bank would apply compensation rules to Andrea Orcel in case he quit, the Swis...
Oct 20, 2021
Britain fines Facebook $70 million for breaching order in Giphy deal
(Reuters) - Britain's competition regulator has fined Facebook 50.5 million pounds ($69.6 million) for breaching an order imposed during its investigation into the U.S. social media giant's purchase o...
Oct 20, 2021
Biden heads to birthplace to tout infrastructure, spending packages
WASHINGTON (Reuters) - U.S. President Joe Biden heads to his birthplace of Scranton, Pennsylvania, on Wednesday to tout his social spending and infrastructure packages as fellow Democrats in Washingto...
Oct 20, 2021
U.S. auto retailer Lithia Motors profit nearly doubles on record car prices
(Reuters) -U.S. auto retailer Lithia Motors Inc reported a 94% rise in quarterly profit on Wednesday, helped by tight vehicle inventories that have pushed prices to record levels. A global semiconduct...
Oct 20, 2021
Energy, services boost euro zone inflation as expected in Sept
BRUSSELS (Reuters) - More expensive energy and services boosted euro zone inflation as expected in September, data showed on Wednesday, with core inflation also higher. The European Union's statistics...
Oct 20, 2021
Bundesbank’s Weidmann quits with one last inflation warning
FRANKFURT (Reuters) - Bundesbank President Jens Weidmann, among the most conservative members of the European Central Bank's Governing Council, will step down from his post on Dec. 31, the German cent...
Oct 20, 2021
Lawmakers probe timeline of NatWest money laundering investigation
LONDON (Reuters) - British lawmakers have asked the Financial Conduct Authority why it took five years to prosecute NatWest for failing to prevent the laundering of nearly 400 million pounds ($551.28 ...
Oct 20, 2021
Peoria, IL, USA
42 °F Mist
