business

Image for L’Oreal third quarter sales disappoint as China spends less on beauty

Business

L’Oreal third quarter sales disappoint as China spends less on beauty

Image for Eni to launch chemical business restructuring in coming days, sources say

Business

Eni to launch chemical business restructuring in coming days, sources say

Image for German steelmaker Salzgitter cuts full-year guidance

Business

German steelmaker Salzgitter cuts full-year guidance

Image for One step closer to the British consumers: Understanding the needs of the UK audience

Business

One step closer to the British consumers: Understanding the needs of the UK audience

Image for Logitech raises full-year outlook as sales and profit expectations climb

Logitech raises full-year outlook as sales and profit expectations climb

Date: October 22, 2024

(Reuters) -Logitech International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday. The Swiss-American technology company now expects its full-year sales in the range of $4.39 billion to $4.47 billion, up from its previous guidance $4.34 billion...

Image for Analysis-Can the new CVS CEO handle the Aetna challenge?

Analysis-Can the new CVS CEO handle the Aetna challenge?

Date: October 22, 2024

By Amina Niasse NEW YORK (Reuters) – As CVS Health’s new CEO David Joyner steps into the top job after Karen Lynch’s quick departure on Friday, Wall Street analysts and some investors are questioning whether he has the right experience to turn around the Aetna health insurance business as it struggles with high medical...

Image for Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

Date: October 22, 2024

PARIS (Reuters) -French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim (MAF), its Saudi Arabia franchise partner, after Amnesty International raised concerns over employees’ working conditions. A report by Amnesty International, published on Monday, said some staff working at the Carrefour/Majid Al Futtaim stores in...

Image for Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump

Date: October 21, 2024

By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secured new deals with Chinese automakers BYD and Xiaomi, it said on Monday, sending its shares up nearly 10%. The world’s seventh largest car parts supplier by revenue, whose Chinese sales account for a quarter of total revenue, is hoping new...

Image for Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

Sanofi reaches deal on terms of sale of consumer health arm, say French government sources

Date: October 21, 2024

PARIS (Reuters) -Sanofi on Sunday reached an agreement on terms to sell a controlling stake in its consumer health unit Opella to U.S. private equity firm Clayton Dubilier & Rice (CD&R), French government sources said on Sunday. The breakthrough came after the investment group provided France with guarantees on maintaining jobs and production in...

Image for The Kulpa Foundation Explains How Philanthropy Can Bridge the Digital Divide in Underprivileged Communities

The Kulpa Foundation Explains How Philanthropy Can Bridge the Digital Divide in Underprivileged Communities

Date: October 18, 2024

Access to the internet and technology is no longer a luxury—it’s a basic necessity. Whether for education, healthcare, or job hunting, being connected opens doors to countless opportunities. But for millions in underserved communities, the digital divide remains a significant barrier. Without reliable access to technology, they’re left out of the digital economy. That’s where...