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Image for Italy’s Saipem sells onshore drilling business to KCA Deutag
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Italy’s Saipem sells onshore drilling business to KCA Deutag

MILAN (Reuters) -Italian energy services group Saipem has agreed to sell its onshore drilling busine...

1st June, 2022

Image for How Broadcom CEO Tan shaped a tech giant through acquisitions
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How Broadcom CEO Tan shaped a tech giant through acquisitions

By Krystal Hu and Jane Lanhee Lee (Reuters) – Once a poor “skinny kid” from Malaysia, Hock Tan was g...

27th May, 2022

Image for Chipmaker Broadcom to buy VMware in $61 billion deal
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Chipmaker Broadcom to buy VMware in $61 billion deal

By Chavi Mehta and Krystal Hu (Reuters) -Broadcom Inc said on Thursday it will acquire cloud computi...

26th May, 2022

Image for Nike not renewing franchise agreements in Russia – newspaper
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Nike not renewing franchise agreements in Russia – newspaper

(Reuters) – U.S. sportswear maker Nike has not renewed agreements with its largest franchisee in Rus...

25th May, 2022

Image for European executives’ confidence plunges on Ukraine crisis – survey
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European executives’ confidence plunges on Ukraine crisis – survey

(Reuters) – The Russia-Ukraine crisis and soaring energy prices have nearly halved the confidence of...

24th May, 2022

Image for Richemont cautious on China growth, talks on YNAP drag on
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Richemont cautious on China growth, talks on YNAP drag on

By Silke Koltrowitz and Silvia Aloisi ZURICH (Reuters) – Luxury goods group Richemont struck a cauti...

20th May, 2022

Image for Mercedes-Benz sets sunny scenario margin target of 14% by 2025
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Mercedes-Benz sets sunny scenario margin target of 14% by 2025

BERLIN (Reuters) – Mercedes-Benz raised its margin target in favourable circumstances to 14% by 2025...

19th May, 2022

Image for German airline Condor eyes return to profitability next year
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German airline Condor eyes return to profitability next year

By Zuzanna Szymanska and Ilona Wissenbach FRANKFURT (Reuters) – German leisure airline Condor may re...

19th May, 2022

Image for British Airways owner IAG to order 50 Boeing 737 MAX jets
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British Airways owner IAG to order 50 Boeing 737 MAX jets

(Reuters) -British Airways owner IAG said on Thursday it has agreed to order 50 Boeing 737 MAX jets...

19th May, 2022

Image for ECB tells banks to buckle up as Ukraine war hits economy
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ECB tells banks to buckle up as Ukraine war hits economy

FRANKFURT (Reuters) – The European Central Bank has told banks to buckle up and prepare for a bumpy...

18th May, 2022

Image for Aircraft leasing faces shake-up as risks cloud recovery
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Aircraft leasing faces shake-up as risks cloud recovery

By Tim Hepher PARIS (Reuters) -Global aircraft leasing faces a new shake-up this week after SMBC Avi...

18th May, 2022

Image for Italian luxury group Zegna sees sales above 2 billion euros in mid-term
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Italian luxury group Zegna sees sales above 2 billion euros in mid-term

MILAN (Reuters) – Italy’s Zegna is aiming for revenue above 2 billion euros ($2.1 billion) in the me...

17th May, 2022