By Sriram Mani and Jayshree P Upadhyay MUMBAI (Reuters) -A $2.5 billion share sale by India’s Adani Enterprises remains on schedule at the planned issue price, the company told Reuters on Saturd[...]
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January 28, 2023
Gucci names De Sarno as creative director with task of reviving brand
By Silvia Aloisi and Mimosa Spencer PARIS (Reuters) – French luxury goods group Kering has appointed Sabato De Sarno, a senior fashion designer at Valentino, as creative director of its top bran[...]
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UK regional airline Flybe ceases trading, cancels all flights
By Mrinmay Dey and James Davey LONDON (Reuters) -British regional airline Flybe on Saturday ceased trading for the second time in three years, with all flights cancelled and 276 workers made redundant[...]
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German labour representative says Ford execs have offered talks on restructuring plan
FRANKFURT (Reuters) -Ford executives have indicated they are willing to hold talks with labour representatives over planned structural changes at the U.S. carmaker’s plants in Germany, the head[...]
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Rheinmetall moving towards order backlog of 30 billion euros – CEO
By Sabine Siebold and Anneli Palmen DUESSELDORF (Reuters) – German arms maker Rheinmetall had a record year in 2022 and is approaching an order backlog of 30 billion euros, CEO Armin Papperger t[...]
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China aims to boost consumption and imports as global demand cools
BEIJING (Reuters) – China’s cabinet said on Saturday it would promote a consumption recovery as the major driver of the economy and boost imports, state broadcaster CCTV reported, at a tim[...]
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Recession fears pose challenge to energy shares after stellar year
By Lewis Krauskopf NEW YORK (Reuters) -A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning ru[...]
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Iberia flights disrupted by IT problem
MADRID (Reuters) – Dozens of international and domestic flights operated by Spanish flag-carrier Iberia were disrupted on Saturday by a problem in the company’s booking and boarding system[...]
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Twitter research group stall complicates compliance with new EU law
By Sheila Dang (Reuters) – The stalling of a Twitter program that was critical for outside researchers studying disinformation campaigns throws into question the company’s strategy to comp[...]
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