customers
FinanceMaersk Asks Customers to Remove Cargo Before Potential Strike at US Ports
TechnologyThriving in Uncertainty: How Ia Is Turning Challenges to Sustained Growth for Financial Services
FinanceBeyond Verification: How Can Robust Validation and Standardisation in Entity Verification Drive Growth and Innovation
Top StoriesAmerican Airlines Resumes Flights After Brief Grounding Ahead of Busy Christmas Travel
Arcadium Lithium Shareholders Approve $6.7 Billion Rio Tinto Deal
Date: December 24, 2024
(Reuters) -Arcadium Lithium said on Monday its shareholders have voted in favor of a $6.7 billion sale to Australian mining giant Rio Tinto. Shares of Arcadium Lithium rose about 7% in extended trading after the company said that about 98% of its shareholders had voted in favor of the sale. The deal, expected to close...
UK Watchdog Widens Motor Finance Complaints Deadline to December 2025
Date: December 19, 2024
By Sinead Cruise and Kirstin Ridley LONDON (Reuters) -The Financial Conduct Authority (FCA) is giving customers who struck historic finance deals to lease motor vehicles additional time to complain about commission payments, widening a review that could lead to Britain’s biggest financial redress scheme since mis-sold payment protection insurance (PPI). The regulator is considering a...
Britain Seeks to Beef up Ofgem Energy Regulator’s Powers
Date: December 19, 2024
LONDON (Reuters) – Britain set out plans on Thursday to strengthen its energy regulator Ofgem to help facilitate the country’s shift towards a decarbonised energy system by 2030 and better protect consumers against bad treatment by suppliers. The Labour government, elected in July, has set out plans to radically overhaul how electricity is generated in...
Birkenstock Results Beat on Resilient Demand, Forecasts Margin Recovery
Date: December 18, 2024
By Juveria Tabassum and Helen Reid (Reuters) -Birkenstock beat market expectations for fourth-quarter results on robust demand for its pricey footwear and forecast a recovery in margins in fiscal 2025, sending the company’s shares up 7% on Wednesday. With fresh styles becoming a priority for consumers, Birkenstock’s sandals and closed-toe clogs have drawn new customers...
Birkenstock Clog Sales Drive Fourth-Quarter Results Beat
Date: December 18, 2024
By Juveria Tabassum (Reuters) -Birkenstock beat market expectations for fourth-quarter results on Wednesday, helped by robust full-price sales of the German footwear maker’s pricey sandals in the U.S. and Asia. With fresh styles becoming a priority for consumers, particularly in its largest market in the Americas, Birkenstock’s sandals and closed-toe clogs alike have drawn new...
Arm CEO Downplays Ambitions to Make Its Own Chip in Qualcomm Case
Date: December 17, 2024
(This Dec. 16 story has been refiled to add Arm CEO’s full name and designation in paragraph 7) By Tom Hals and Max A. Cherney WILMINGTON, Delaware (Reuters) – The chief executive of Arm on Monday downplayed the company’s ambitions to become a chip supplier in its own right at a trial against Qualcomm, a...