business
Business
Tech-wary Germans get hooked with online shopping habit
Business
Blackstone to list Spain’s Cirsa shares in Madrid early 2025, Expansion says
Business
Anglo to sell Australian coal mines to Peabody for up to $3.78 billion
Business
Greggs’ growth story won’t be derailed by UK budget, CEO says
Cyberattacks cost British businesses $55 billion in past five years, broker says
Date: November 25, 2024
LONDON (Reuters) – Cyberattacks have cost British businesses around 44 billion pounds ($55.08 billion) in lost revenue in the past five years, with 52% of private sector companies reporting at least one attack in that time, insurance broker Howden said on Monday. Cyberattacks cost businesses 1.9% of their revenue on average, Howden said, with companies...
Northvolt crisis may be make or break for Europe’s EV battery ambitions
Date: November 25, 2024
By Marie Mannes, Alessandro Parodi, Stine Jacobsen STOCKHOLM/GDANSK (Reuters) -Northvolt’s financial collapse deals a blow to Europe’s plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals. Europe’s biggest hope for...
Atos receives offer from French government for its advanced computing activities
Date: November 25, 2024
(Reuters) -French IT firm Atos on Monday entered negotiations with the government for the potential acquisition of its advanced computing activities for an enterprise value of 500 million euros ($524 million). The target is to have a share purchase agreement signed by May 31, 2025, it said in a press release. Atos also announced a...
Brazilian meat suppliers stop deliveries to local Carrefour retailers, media say
Date: November 25, 2024
By Ana Mano SAO PAULO (Reuters) – Brazilian meatpackers have reportedly stopped supplying meat to the Carrefour group in Brazil after the retailer’s global CEO vowed to keep South American meat off its shelves in France in solidarity with French farmers, according to local media reports that cited anonymous industry sources. One of the reports...
Thyssenkrupp: expert opinion gives positive view for steel business
Date: November 25, 2024
DUESSELDORF, Germany (Reuters) -An expert opinion on the financial needs of Thyssenkrupp’s crisis-hit steel division has given a positive view on its ability to continue as a going concern, the parent company said on Sunday. Thyssenkrupp said in a written response to a Reuters query that on the basis of the report, the parent company...
Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
Date: November 22, 2024
(Reuters) – South Korean carmaker Hyundai Motor is recalling about 145,235 electrified vehicles in the United States due to a loss of drive power, the National Highway Traffic Safety Administration said on Friday. The recall includes certain IONIQ 5 and IONIQ 6 EVs along with some luxury Genesis GV60, Genesis GV70 and Genesis G80 electrified...