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Image for Guess to go private in $1.4 billion deal with Authentic Brands, co-founders and CEO
Finance

Guess to go private in $1.4 billion deal with Authentic Brands, co-founders and CEO

(Reuters) -Guess said on Wednesday it has agreed to be taken private by a group, including its co-fo...

20th August, 2025

Image for Italy's Valentino hires fashion industry veteran Bellini as CEO
Headlines

Italy's Valentino hires fashion industry veteran Bellini as CEO

MILAN (Reuters) -Italian fashion house Valentino has appointed Riccardo Bellini as new chief executi...

20th August, 2025

Image for Alcon shares fall after it cuts guidance and warns of tariff impact
Finance

Alcon shares fall after it cuts guidance and warns of tariff impact

By Simon Ferdinand Eibach and Bartosz Dabrowski (Reuters) -Shares in Alcon fell as much as 11.6% on...

20th August, 2025

Image for Estee Lauder forecasts profit below estimates, warns of $100 million tariff hit
Finance

Estee Lauder forecasts profit below estimates, warns of $100 million tariff hit

(Reuters) -Estee Lauder forecast annual profit below Wall Street estimates on Wednesday, as the cosm...

20th August, 2025

Image for Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business
Finance

Lowe's to buy Foundation Building Materials for $8.8 billion to boost contractor business

(Reuters) -Lowe's Cos on Wednesday agreed to buy interior building products distributor Foundation B...

20th August, 2025

Image for Drugmaker Novo Nordisk freezes hiring for non-critical jobs
Headlines

Drugmaker Novo Nordisk freezes hiring for non-critical jobs

COPENHAGEN (Reuters) -Wegovy-maker Novo Nordisk  has implemented a global hiring freeze covering job...

20th August, 2025

Image for Plumbing supplier Geberit reports Q2 profit miss
Finance

Plumbing supplier Geberit reports Q2 profit miss

By Anastasiia Kozlova (Reuters) -Building materials supplier Geberit on Wednesday posted second-quar...

20th August, 2025

Image for Budweiser maker Anheuser-Busch to invest $15 million in US brewery
Finance

Budweiser maker Anheuser-Busch to invest $15 million in US brewery

(Reuters) -Anheuser-Busch InBev, said on Tuesday that it would invest $15 million in its U.S. brewer...

19th August, 2025

Image for SKF sells non-core aerospace business in the U.S. to Carco PRP
Finance

SKF sells non-core aerospace business in the U.S. to Carco PRP

STOCKHOLM (Reuters) -Swedish bearings maker SKF said on Monday it had agreed to sell its non-core ae...

18th August, 2025

Image for U-Blox says in talks about takeover by Advent
Finance

U-Blox says in talks about takeover by Advent

(Reuters) -Switzerland's U-Blox Holding, a maker of microchips and software for car navigation, said...

15th August, 2025

Image for Shares in jewellery maker Pandora plummet on weakening European sales
Finance

Shares in jewellery maker Pandora plummet on weakening European sales

By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) -Danish jewellery maker Pandora maintained its full‐...

15th August, 2025

Image for Aluminium producer Norsk Hydro to cut 750 white-collar jobs
Finance

Aluminium producer Norsk Hydro to cut 750 white-collar jobs

OSLO (Reuters) -Aluminium producer Norsk Hydro will cut 750 white-collar jobs as part of a plan to r...

14th August, 2025