LONDON (Reuters) – Uber’s rival taxi operators will not face a 20% tax charge on their profit margins outside of London after a court on Monday overturned a ruling that private-hire operat[...]
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July 15, 2024
Who is Burberry’s new CEO and luxury veteran Joshua Schulman?
(Reuters) -British luxury brand Burberry named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year. He will become Burberry’s fourth[...]
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UK luxury brand Burberry gets new boss to revive revamp
By Sarah Young LONDON (Reuters) – British luxury group Burberry on Monday sacked its CEO and named former Coach boss Joshua Schulman to replace him, as it promises a “more familiar”[...]
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Europe needs way to price critical minerals independently of China, group says
By Eric Onstad PARIS (Reuters) – Europe needs a system to set prices for critical minerals needed for the energy transition that is not dependent on China, which dominates much of the global sec[...]
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Factbox-European companies cut jobs as economy sputters
(Reuters) – Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or cut jobs. Here are some layoffs announced since the start of[...]
Read moreTop 5 Financials Stocks That May Collapse This Month
As of July 15, 2024, five stocks in the financials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator[...]
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AutoNation expects hit to Q2 profit from CDK outage
(Reuters) – U.S. auto retailer AutoNation said on Monday it expects a $1.50 per share hit to its second-quarter profit due to the disruptions caused by a cyberattack at retail technology provide[...]
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SolarEdge Technologies to lay off 400 employees
(Reuters) -SolarEdge Technologies said on Monday it would lay off 400 employees, of which 200 are in Israel, as it works to restore profitability and ensure financial stability. The action is being ta[...]
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Yandex split finalised as Russian assets sold in $5.4 billion deal
By Alexander Marrow (Reuters) -A deal to split the assets of Russian technology company Yandex was finalised on Monday, with a Russian consortium of investors buying the bulk of Yandex’s busines[...]
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