Business
Business
Rupert Murdoch’s News Corp to Sell Foxtel to Britain’s Dazn for $2.1 Billion
Finance
Google's Proposed Search Result Changes Get Thumbs up From EU Airlines
Finance
Israel in Deal to Sell Air Defence System to Slovakia for $582 Million
Finance
Portugal's Property Deals Hit Record, Adding to Shortage of Affordable Homes
Volkswagen Shares Fall as Markets Struggles to Digest Unions Deal
Date: December 23, 2024
By Ozan Ergenay and Andrey Sychev (Reuters) – Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker’s cost-cutting deal with unions and likely headwinds in 2025. Friday’s agreement, hailed by unions as a “Christmas miracle”, calls for more than 35,000 future job cuts and a reduction of...
Luigi Mangione Pleads Not Guilty to Murder of Health Insurance CEO
Date: December 23, 2024
By Jack Queen and Luc Cohen NEW YORK (Reuters) - Luigi Mangione, the man accused of fatally gunning down health insurance executive Brian Thompson on a Manhattan street, pleaded not guilty on Monday...
Italy Demands Full Disclosure From UniCredit Over Bpm Bid, Sources Say
Date: December 23, 2024
By Giuseppe Fonte and Valentina Za ROME (Reuters) - Italy wants UniCredit to disclose full terms of its proposed takeover of smaller rival Banco BPM under "golden power" rules EU governments can use...
Exclusive-EU Antitrust Regulators Set to Approve Synopsys' $35 Billion Ansys Acquisition, Sources Say
Date: December 23, 2024
BRUSSELS (Reuters) - EU antitrust regulators are set to approve U.S. chip design software company Synopsys' $35 billion acquisition of the chip design software company Ansys based on the former's...
Factbox-What Does Len Blavatnik's Streaming Platform Dazn Do?
Date: December 23, 2024
(Reuters) - Sports streaming platform DAZN has agreed to buy News Corp's Australian cable TV unit Foxtel for A$3.4 billion ($2 billion) including debt. Here are some details about the company and its...
Factbox-Europe’s Embattled Auto Sector Plans Plant Closures and Layoffs
Date: December 23, 2024
(Reuters) -Automotive companies across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. Below are layoffs and site closures announced in recent months, beginning with the latest: VOLKSWAGEN Europe’s top carmaker Volkswagen agreed a deal with unions on...