By Noel Randewich (Reuters) -As 32 teams compete for the World Cup in Qatar, Adidas and Nike also hope their shares can score. With FIFA projecting at least 5 billion TV viewers, the world’s hig[...]
Read more
November 25, 2022
Neuberger Berman gets Chinese regulatory nod to conduct mutual fund business
BEIJING (Reuters) -U.S. asset manager Neuberger Berman’s Chinese unit said on Friday it had been granted a license by the Chinese securities regulator to conduct mutual fund business. The announ[...]
Read more
Benettons, Blackstone reach more than 95% of Atlantia after bid – Reuters calculations
MILAN (Reuters) – A buyout offer launched by the Benetton family and U.S. investment fund Blackstone for Italy’s Atlantia has breached the 95% threshold, Reuters calculations showed, allow[...]
Read more
EU demands quick fix from U.S. of green subsidy law
By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differences with Washington over U.S. plans to give tax credits to consum[...]
Read more
IKEA stores owner Ingka’s annual operating profit rises 9%
By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual operating profit, as price increases helped it offset higher input cost[...]
Read more
Amazon to shut down food-delivery business in India
NEW DELHI (Reuters) – Amazon Inc will shut down a food-delivery business it was testing in India, the e-commerce giant said on Friday, a day after it announced the winding down of its online lea[...]
Read more
From wine to fishing tackle, retailers pray Advent calendars draw in shoppers
By Doyinsola Oladipo NEW YORK (Reuters) -Counting the days until Christmas is a major marketing move for retailers this year. Retailers from Target to LVMH’s Christian Dior are betting that the[...]
Read more
Adidas launches probe into misconduct allegations against Kanye West
By Akriti Sharma (Reuters) -Adidas AG on Thursday said it has launched an investigation into allegations of inappropriate behavior by Kanye West, after the German sporting goods maker last month ended[...]
Read more
Vietnam’s VinFast ships first electric vehicles to U.S. customers
By Phuong Nguyen HAI PHONG, Vietnam (Reuters) -Vietnam’s electric vehicle maker VinFast said on Friday it had shipped its first batch of 999 cars to the United States, capping a five-year bid to[...]
Read more