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Image for Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say
Business

Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say

By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold...

3rd October, 2024

Image for Levi Strauss shares fall on weak holiday-quarter forecast
Top Stories

Levi Strauss shares fall on weak holiday-quarter forecast

(Reuters) – Levi Strauss’ shares fell about 7% on Thursday after a tepid forecast for holiday-quarte...

3rd October, 2024

Image for Microsoft to make $4.8 billion AI, cloud investment in Italy
Investing

Microsoft to make $4.8 billion AI, cloud investment in Italy

MILAN (Reuters) – Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years...

3rd October, 2024

Image for Logpoint acquires Muninn to help organisations improve security performance with enhanced cybersecurity visibility
Technology

Logpoint acquires Muninn to help organisations improve security performance with enhanced cybersecurity visibility

Acquisition adds Artificial Intelligence (AI)-driven Network Detection & Response (NDR) capabilities...

1st October, 2024

Image for Italy and BlackRock discuss potential data centres investment
Investing

Italy and BlackRock discuss potential data centres investment

ROME (Reuters) – Italian Prime Minister Giorgia Meloni met the head of the U.S. fund BlackRock Inc,...

1st October, 2024

Image for SoftBank to invest $500 million in OpenAI, The Information reports
Investing

SoftBank to invest $500 million in OpenAI, The Information reports

(Reuters) – Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s lat...

1st October, 2024

Image for Thailand’s Central Group takes over Swiss department stores Globus
Business

Thailand’s Central Group takes over Swiss department stores Globus

BERLIN (Reuters) – Thai retail and property conglomerate Central Group said on Monday it will take o...

30th September, 2024

Image for Grifols plans to invest $402 million in new industrial centre, El Economista says
Investing

Grifols plans to invest $402 million in new industrial centre, El Economista says

(Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros ($401.98 million) to build a...

30th September, 2024

Image for Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say
Top Stories

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

(Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with ch...

30th September, 2024

Image for Moncler CEO strengthens grip on company with LVMH deal
Top Stories

Moncler CEO strengthens grip on company with LVMH deal

By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini i...

27th September, 2024

Image for UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally
Investing

UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally

By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) -UK’s FTSE 100 closed up on Thursday, thoug...

27th September, 2024

Image for Europe’s STOXX 600 clocks all-time closing high on China stimulus boost
Finance

Europe’s STOXX 600 clocks all-time closing high on China stimulus boost

By Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares jumped on Thursday, with China-exp...

26th September, 2024