Finance
BP's Castrol unit draws interest from Apollo, India's Reliance, Bloomberg News reports
(Reuters) -BP's Castrol lubricants business is attracting interest from companies such as India's Re...
28th May, 2025
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RTX CEO says Pratt & Whitney strike will weigh on second-quarter cash flow
(Reuters) -A weeks' long strike by 3,000 U.S. Pratt & Whitney engine workers will impact free cash f...
28th May, 2025
Finance
Seeking to cure Gucci addiction, Kering's Pinault created a debt problem
By Tassilo Hummel and Elisa Anzolin PARIS -In trying to reduce Kering's over-reliance on struggling...
28th May, 2025
Finance
Gulf firms approach Italy to buy UniCredit's Russia business, document shows
By Giuseppe Fonte ROME (Reuters) -Three companies based in the United Arab Emirates have approached...
28th May, 2025
Finance
Carrefour has very strong potential as stand-alone company, CEO says
PARIS (Reuters) -Carrefour, Europe's largest food retailer, does not need a large transformational d...
28th May, 2025
Finance
Valterra Platinum makes bourse debut as Anglo exits South African unit
JOHANNESBURG (Reuters) - Valterra Platinum, the world's biggest miner of the metal by value, made it...
28th May, 2025
Finance
Nissan offers buyouts to US workers, halts global pay rises, internal emails show
By Daniel Leussink and Maki Shiraki TOKYO (Reuters) -Japan's Nissan has started offering buyouts to...
28th May, 2025
Finance
Jeep-maker Stellantis names insider to lead revival
MILAN (Reuters) -Franco-Italian-US automaker Stellantis on Wednesday named Antonio Filosa, the Itali...
28th May, 2025
Finance
Remy Cointreau names luxury veteran Marilly as new CEO
(Reuters) -Remy Cointreau on Wednesday named Frank Marilly as its new CEO, tasked with leading the F...
28th May, 2025
Finance
UK's Rentokil to sell French workwear business in $464 million deal
(Reuters) -British pest control company Rentokil Initial said on Wednesday it would sell its workwea...
28th May, 2025
Finance
UniCredit offers concessions in bid for EU nod for Banco BPM deal
BRUSSELS (Reuters) -Italian bank UniCredit has offered concessions in an attempt to secure EU antitr...
27th May, 2025
Finance
Flix orders trains worth €2.4 billion from Talgo, Siemens
FRANKFURT (Reuters) -Flix on Tuesday awarded a 2.4 billion euro ($2.72 billion) train order to Sieme...
27th May, 2025