business
Business
Brookfield mulls $7.4 billion bid for Spain’s Grifols, El Confidencial says
Business
GKN Aerospace owner Melrose posts 7% rise in four-month revenue
Business
Vivendi sees Canal+, Havas 2024 revenue growth broadly stable
Business
S&P revises Ireland’s outlook on Apple back-tax boost; Fitch affirms ratings
Exclusive-JPMorgan weighs London HQ options as it outgrows Canary Wharf tower, sources say
Date: November 16, 2024
By Iain Withers LONDON (Reuters) -JPMorgan is assessing options for its European headquarters in London as the fast-expanding Wall Street bank outgrows its existing tower in London’s Canary Wharf financial district, three sources familiar with the matter told Reuters. The bank has begun examining options for where to base around 12,000 staff in London, with...
Italy’s Moltiply sole suitor for ProSieben’s e-unit Verivox, sources say
Date: November 16, 2024
By Elvira Pollina and Amy-Jo Crowley MILAN (Reuters) – Italy’s Moltiply Group has emerged as the only bidder for German media group ProSiebenSat.1’s price comparison portal Verivox, two sources close to the matter said. Verivox’s sale process is being closely followed by the top two investors in ProSieben: MFE-MediaForEurope, the TV group controlled by Italy’s...
LVMH unit to close historic Venice department store
Date: November 16, 2024
MILAN (Reuters) – DFS Group, the Hong Kong-based travel retailer controlled by luxury giant LVMH, said on Friday it was shutting down its business in Venice’s historic Fondaco dei Tedeschi building. DFS said it would fire over 220 employees, according to trade unions and Venice city councillor Simone Venturini. “This difficult decision is part of...
Exclusive-Russia’s grain trader Demetra buys large stocks of sunflower seeds in Oct
Date: November 16, 2024
MOSCOW (Reuters) – Russia’s Demetra, one of the country’s largest agriculture trading and logistics firms, has been accumulating massive stocks of sunflower seeds in October, four market and industry sources said on Friday, amid a surge in global and domestic prices. One market source said that Demetra bought about 150,000-200,000 metric tons in October, another...
Northvolt has considered US bankruptcy protection, sources say
Date: November 16, 2024
By Marie Mannes STOCKHOLM (Reuters) – Swedish battery maker Northvolt has been discussing the possibility of bankruptcy protection in the United States as one of several options for the cash-strapped company to survive, two people with knowledge of the matter told Reuters. Northvolt has in recent months gone from being Europe’s best shot at a...
TotalEnergies’ Suriname project kicks off with $3 billion in contract awards
Date: November 16, 2024
By America Hernandez PARIS/MILAN (Reuters) -French oil major TotalEnergies has awarded engineering contracts worth at least $3 billion as part of its fast-track development of Suriname’s first offshore project. Italian energy contractor Saipem said on Thursday it had signed a $1.9 billion deal with a subsidiary of TotalEnergies in Suriname for the subsea development of...