business

Image for Scottish Power invites Grangemouth, ISG workers to apply

Business

Scottish Power invites Grangemouth, ISG workers to apply

Image for Euro zone Nov factory activity fell sharply; outlook gloomy, PMI shows

Business

Euro zone Nov factory activity fell sharply; outlook gloomy, PMI shows

Image for Stellantis drops after CEO Tavares resigns

Business

Stellantis drops after CEO Tavares resigns

Image for Polish manufacturing PMI dips as new orders fall, outlook weakens

Business

Polish manufacturing PMI dips as new orders fall, outlook weakens

Image for Delivery Hero says Glovo riders in Spain to become employees

Delivery Hero says Glovo riders in Spain to become employees

Date: December 2, 2024

(Reuters) – Delivery Hero said on Monday that freelance riders at its Glovo unit in Spain will be hired as employees. “Glovo management decided to change from a freelance model to an employment based model for its delivery riders in Spain to avoid further legal uncertainties leading to an increase of contingencies,” the company said...

Image for Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth

Prosus nearly doubles profit in H1 on strong e-commerce, Tencent growth

Date: December 2, 2024

JOHANNESBURG (Reuters) – Dutch technology investor Prosus NV reported on Monday an 89.5% jump in core headline earnings during its half year, driven by accelerated growth and improved profitability of its e-commerce businesses and China’s Tencent. Prosus, majority-owned by South Africa’s Naspers, said core headline earnings per share (HEPS) from continuing operations rose to 144...

Image for Unilever CEO looking to sell food brands with $1 billion in sales, FD reports

Unilever CEO looking to sell food brands with $1 billion in sales, FD reports

Date: December 2, 2024

AMSTERDAM (Reuters) – Unilever is looking to sell several food brands that have combined sales of around 1 billion euros ($1.05 billion), Chief Executive Officer Hein Schumacher told Dutch financial daily FD in an interview published on Monday. Schumacher did not specify which brands Unilever wants to sell as part of its earlier announced plans...

Image for Delivery Hero says Glovo riders in Spain to become employees

Delivery Hero says Glovo riders in Spain to become employees

Date: December 2, 2024

(Reuters) - Delivery Hero said on Monday that freelance riders at its Glovo unit in Spain will be hired as employees. "Glovo management decided to change from a freelance model to an employment based...

Image for Stellantis falls 7% in Paris after CEO Tavares resigns

Stellantis falls 7% in Paris after CEO Tavares resigns

Date: December 2, 2024

(Reuters) -Paris-listed shares in Stellantis <STLAM.PA> slumped by over 7% on Monday after chief executive Carlos Tavares resigned abruptly on Sunday. Stellantis said it would seek to find a...

Image for France's CAC 40 drops 1% on political woes, Stellantis slides after CEO exit

France's CAC 40 drops 1% on political woes, Stellantis slides after CEO exit

Date: December 2, 2024

(Reuters) - Europe's main stocks index opened lower on Monday, with France's benchmark CAC 40 dropping more than 1% due to the country's political turmoil, while Stellantis slid on the carmaker's...