business
Business
Price increases to help Michelin exceed pre-pandemic profits this year
Business
Siemens orders boom as customers stock up on equipment
Business
France’s Total swings back to profit on energy prices boom
Business
BoE’s Bailey sees no need for EU time limit on euro clearing access
EDF confirms deal to take over French nuclear turbine unit from GE
Date: February 11, 2022
PARIS (Reuters) -EDF confirmed it would buy a France-based nuclear turbine unit from General Electric as the state-owned utility seeks to bundle nuclear activities deemed as strategic in France’s new push for multi-billion investments into new reactors. The announcement, confirming earlier remarks by French ministers, came hours before French President Emmanuel Macron is due to...
Thyssenkrupp’s automotive business has passed trough – CFO
Date: February 11, 2022
FRANKFURT (Reuters) – Thyssenkrupp’s automotive division, which supplies various components to the car sector, reached the trough in its fiscal first quarter that ended in December, Chief Financial Officer Klaus Keysberg said on Thursday. The German group earlier cited a decline in customer call-offs in the period, caused by an ongoing shortage of crucial semiconductors,...
Vodafone rejects $13 billion Iliad, Apax approach for Italian business
Date: February 11, 2022
LONDON (Reuters) – Britain’s Vodafone on Thursday rejected a preliminary approach for its Italian business from France’s Iliad and Apax Partners worth more than 11 billion euros, the first public skirmish in what could be a new wave of European telecoms deal making. Vodafone boss Nick Read, under pressure from new investor Cevian Capital and other shareholders,...
ABB eyes acquisitions to grow electric vehicle charging business
Date: February 11, 2022
By John Revill ZURICH (Reuters) – ABB’s E-mobility business will hit the acquisition trail to reach its ambitious sales goals after its flotation later this year, the business‘s chief executive told Reuters on Thursday. The business which makes fast electric chargers for cars, buses and trucks wants to spend $750 million on expanding its operations, the company said at its...
Tap-to-phone will change the payments game for small retailers and merchants
Date: February 10, 2022
Kasper Enggaard Krog, CEO at mobile payment and business technology firm, Vibrant, explains why micro businesses should explore new payment options. As we enter a new, hopefully calmer, year, small businesses, retailers and merchants should be looking towards a new payment method. It’s time to tap into softPOS. Otherwise known as tap-to-phone, the notion of...
Synthetic testing: the ultimate eCommerce mystery shopper
Date: February 9, 2022
The infamous mystery shopper was once a staple of the high-street – visiting bricks and mortar stores to assess customer experience. But, with such notable shift to online purchasing in recent years, why isn’t the concept considered a priority for internet retailers, too? A digital ‘mystery shopper’ can provide crucial detail on website availability, performance...