Category Archives:
Italy’s Technoprobe aims for market cap of up to 4 billion euros in IPO – sources
MILAN (Reuters) - Italian microelectronics company Technoprobe aims for a market value of up to 4 billion euros ($4.55 billion) in its initial public offering on the Milan stock exchange, two sources ...
Jan 18, 2022
Exclusive-Turkish bank employees compelled to boost lira-defence scheme -sources
By Ebru Tuncay and Orhan Coskun ISTANBUL (Reuters) - Turkey's big state banks have set employee performance targets as they urge clients to convert foreign currencies into lira under a deposit-protect...
Jan 18, 2022
Nikola, Proterra enter into battery supply deal for semi-trucks
(Reuters) - Electric truck maker Nikola Corp said on Tuesday it has entered into a deal with Proterra Inc for the long term supply of batteries for its semi-trucks. Nikola's trucks fitted with Proterr...
Jan 18, 2022
Telecom Italia GM to outline plans as doubts on KKR’s bid mount
By Elvira Pollina MILAN (Reuters) - Telecom Italia (TIM) General Manager Pietro Labriola will on Tuesday outline to the company's directors his plan to revamp the former phone monopoly, an alternative...
Jan 18, 2022
Microsoft to buy Activision Blizzard in a deal at $68.7 billion
(Reuters) - Microsoft Corp said on Tuesday it would buy videogame publisher Activision Blizzard in an all-cash transaction valued at $68.7 billion. (Reporting by Subrat Patnaik in Bengaluru; Editing b...
Jan 18, 2022
Entree Capital raises $300 million for 2 new Israel-focused VC funds
JERUSALEM (Reuters) - Global venture capital fund Entree Capital said on Tuesday it raised $300 million for two new Israel-focused funds that aim to invest in early-stage Israeli startups. The move br...
Jan 18, 2022
Ides Capital nominates directors at Safety Insurance, wants share buyback
By Svea Herbst-Bayliss BOSTON (Reuters) - Activist investment firm Ides Capital Management has nominated two directors to the board of Safety Insurance Group and wants the company to buy back shares, ...
Jan 18, 2022
Holiday Inn owner names first female chair
By Priyanshi Mandhan (Reuters) -IHG said on Tuesday finance industry veteran Deanna Oppenheimer will become the Holiday Inn-owner's first female chair when she replaces long-serving Chairman Patrick C...
Jan 18, 2022
Prada’s 2021 sales bounce back above pre-pandemic levels
MILAN (Reuters) -Sales at Italian fashion group Prada bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the company said on...
Jan 18, 2022
Drugmaker Endo signs $65 million opioid settlement with Florida
(Reuters) - Drugmaker Endo International plc said on Tuesday it had agreed to pay up to $65 million to resolve claims by the state of Florida and local governments that the drugmaker helped fuel the U...
Jan 18, 2022
Peoria, IL, USA
44 °F Mist
