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Image for Gucci-owner Kering sells beauty unit to L'Oreal for $4.7 billion as de Meo targets debt pile
Headlines

Gucci-owner Kering sells beauty unit to L'Oreal for $4.7 billion as de Meo targets debt pile

PARIS(Reuters) -Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion e...

19th October, 2025

Image for Germany's BayWa discusses Dutch unit Cefetra with potential investors after failed sale
Finance

Germany's BayWa discusses Dutch unit Cefetra with potential investors after failed sale

(Reuters) -German trading group BayWa said on Sunday it is discussing the possible sale of its grain...

19th October, 2025

Image for Kering nears sale of beauty unit to L'Oreal, sources say
Finance

Kering nears sale of beauty unit to L'Oreal, sources say

(Reuters) -French luxury group Kering is in advanced talks to sell its beauty division to beauty gro...

18th October, 2025

Image for Porsche brings back SUV boss Leiters to assume 'poisoned chalice'
Finance

Porsche brings back SUV boss Leiters to assume 'poisoned chalice'

By Rachel More and Nick Carey BERLIN (Reuters) -Porsche's moves to bring in ex-McLaren boss Michael...

17th October, 2025

Image for Cellnex sells French data center unit for 391 million euros
Finance

Cellnex sells French data center unit for 391 million euros

(Reuters) -Spain's Cellnex said on Friday that it has signed a put option agreement to sell all its...

17th October, 2025

Image for BBVA chairman to stay on as Sabadell welcomes bid failure
Finance

BBVA chairman to stay on as Sabadell welcomes bid failure

MADRID (Reuters) -The chairman of Spain's BBVA, Carlos Torres, said on Friday he would not resign de...

17th October, 2025

Image for Porsche tasks former McLaren boss Leiters with leading revival
Finance

Porsche tasks former McLaren boss Leiters with leading revival

By Rachel More BERLIN (Reuters) -Porsche has agreed on a successor to CEO Oliver Blume, who will ste...

17th October, 2025

Image for Volvo Group expects North America weakness through 2026 amid freight slump
Finance

Volvo Group expects North America weakness through 2026 amid freight slump

(Reuters) -Swedish truckmaker Volvo reported a third-quarter operating profit in line with market ex...

17th October, 2025

Image for What's in Nestle's sprawling food empire as new CEO wields axe?
Finance

What's in Nestle's sprawling food empire as new CEO wields axe?

By Alexander Marrow AMSTERDAM (Reuters) -Nestle's new CEO Philipp Navratil has started with a bang,...

16th October, 2025

Image for Britain's Smiths Group to sell interconnect unit to Koch's Molex in $1.75 billion deal
Finance

Britain's Smiths Group to sell interconnect unit to Koch's Molex in $1.75 billion deal

(Reuters) -Engineering firm Smiths Group said on Thursday that U.S-based electronic equipment manufa...

16th October, 2025

Image for Orange dismisses report on raising bid for MasOrange stake
Finance

Orange dismisses report on raising bid for MasOrange stake

By Javi West Larrañaga and Gianluca Lo Nostro (Reuters) -French telecoms group Orange has not submit...

16th October, 2025

Image for Canal+ buys 34% of UGC, says integrating MultiChoice is top priority
Finance

Canal+ buys 34% of UGC, says integrating MultiChoice is top priority

(Reuters) -Canal+ said it had acquired a minority stake in French cinema operator and producer UGC,...

16th October, 2025