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Image for Exclusive-LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say
Headlines

Exclusive-LVMH explores sale of its 50% stake in Rihanna-backed Fenty Beauty, sources say

By Abigail Summerville (Reuters) -Luxury goods giant LVMH is exploring a sale of its 50% stake in Fe...

21st October, 2025

Image for Engaged Capital urges cost cutting at Cognex to boost share price
Finance

Engaged Capital urges cost cutting at Cognex to boost share price

By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Engaged Capital has built a sizable sta...

21st October, 2025

Image for Kering to focus on debt reduction, reviving Gucci, CEO says
Finance

Kering to focus on debt reduction, reviving Gucci, CEO says

MILAN (Reuters) -French luxury group Kering plans to continue reducing its debt following the sale o...

21st October, 2025

Image for GE Aerospace CEO says supply chain fixes aid Airbus engine delivery
Finance

GE Aerospace CEO says supply chain fixes aid Airbus engine delivery

GE Aerospace CEO Larry Culp said on Tuesday the company's efforts to fix supply chain problems are s...

21st October, 2025

Image for Analysis-L'Oreal's $4.7 billion Kering beauty buy offers decades of potential
Finance

Analysis-L'Oreal's $4.7 billion Kering beauty buy offers decades of potential

By Dominique Patton PARIS (Reuters) -L'Oreal's $4.7 billion deal to buy cosmetic and fragrance brand...

21st October, 2025

Image for Coca-Cola HBC buys control of Africa bottling business for $2.6 billion in expansion drive
Finance

Coca-Cola HBC buys control of Africa bottling business for $2.6 billion in expansion drive

(Reuters) -Swiss-based bottler Coca-Cola HBC has agreed to buy a 75% stake in its African counterpar...

21st October, 2025

Image for Biotech firm Galapagos to wind down cell therapy business
Finance

Biotech firm Galapagos to wind down cell therapy business

AMSTERDAM (Reuters) -Biotechnology firm Galapagos said on Tuesday it would wind down its cell therap...

21st October, 2025

Image for Holcim CEO says company working on bigger acquisitions
Finance

Holcim CEO says company working on bigger acquisitions

ZURICH (Reuters) -Holcim could make other larger acquisitions after the building materials company o...

20th October, 2025

Image for How fast-moving de Meo secured L’Oreal deal to ease Kering’s strain
Finance

How fast-moving de Meo secured L’Oreal deal to ease Kering’s strain

By Mathieu Rosemain, Andres Gonzalez and Mimosa Spencer PARIS (Reuters) -Kering's new CEO Luca de Me...

20th October, 2025

Image for Air France CEO: avoiding Russia airspace compounds China rivalry
Finance

Air France CEO: avoiding Russia airspace compounds China rivalry

FRANKFURT (Reuters) -The CEO of Air France-KLM said on Monday that western Europe-based airlines nee...

20th October, 2025

Image for Explainer-Why Gucci-owner Kering is selling its beauty business to L'Oreal
Finance

Explainer-Why Gucci-owner Kering is selling its beauty business to L'Oreal

By Linda Pasquini and Leo Marchandon (Reuters) -Gucci-owner Kering has agreed to sell its beauty bus...

20th October, 2025

Image for Thyssenkrupp in 'intensive' talks with Jindal over sale of steel unit
Finance

Thyssenkrupp in 'intensive' talks with Jindal over sale of steel unit

By Christoph Steitz and Tilman Blasshofer FRANKFURT (Reuters) -Thyssenkrupp is in intensive talks wi...

20th October, 2025