Business
Business
Enel Cautious on US Solar Panel Project, Committed to Brazil Grids
Business
UK Creates New Businesses at Slowest Rate Since 2010
Business
Exclusive-Crisis-hit Ev Battery Champion Northvolt Struggles to Hit Production Targets
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Brookfield Mulls $7.4 Billion Bid for Spain’s Grifols, El Confidencial Says
Gkn Aerospace Owner Melrose Posts 7% Rise in Four-Month Revenue
Date: November 18, 2024
(Reuters) – Melrose Industries, the owner of aerospace parts maker GKN Aerospace, reported a 7% rise in revenue for the four-month period ended Oct. 31, helped by strength in its aftermarket business. Melrose, which spun off its auto and other businesses last year to become a pure-play aerospace supplier, said its adjusted operating profit continued...
Vivendi Sees Canal+, Havas 2024 Revenue Growth Broadly Stable
Date: November 18, 2024
(Reuters) – French media group Vivendi on Monday announced guidance ahead of a market day for Canal+ and Havas, businesses it plans to spin off as part of the group’s project to split up. Vivendi expects the two units to record full-year revenue growth broadly in line with that of 2023, with organic net revenue...
S&P Revises Ireland’s Outlook on Apple Back-Tax Boost; Fitch Affirms Ratings
Date: November 16, 2024
(Reuters) -S&P Global Ratings revised Ireland’s outlook to “positive” from “stable” on Friday, citing extraordinary overperformance in corporate tax receipt collections, while peer agency Fitch affirmed its ratings at “AA” with a “stable” outlook. The positive outlook reflects the significant fiscal overperformance, particularly driven by corporation tax receipts, which are rebuilding the Irish government’s fiscal...
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...