Author Archives: Syndicated Content
Paralympics tickets popular with Parisians who snubbed the Olympics
By Yiming Woo and Clotaire Achi PARIS (Reuters) - Parisians are the main buyers of tickets for the Paralympic Games, organisers said, rushing to grab a second opportunity to see competitions in some o...
Aug 23, 2024
Volvo picks Monterrey for $700 million Mexico truck plant
STOCKHOLM (Reuters) - Sweden's AB Volvo has picked Monterrey in northern Mexico as the site for its new North American heavy-duty truck factory and expects construction to cost $700 million, it said o...
Aug 23, 2024
Swiggy targets $15 billion valuation in India IPO, sources say
By Aditya Kalra NEW DELHI (Reuters) - SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, t...
Aug 23, 2024
Halliburton confirms cyber attack on certain systems
(Reuters) - Oilfield services firm Halliburton said on Friday that an unauthorized third party had gained access to certain of its systems. The company said it became aware of the breach two days back...
Aug 23, 2024
Societe Generale drops ring-dealing membership of LME
By Eric Onstad LONDON (Reuters) - Societe Generale International will no longer be a ring-dealing member of the London Metal Exchange (LME) as of Aug. 27, the exchange said on Friday. The move, which ...
Aug 23, 2024
Hugo Boss shareholder Frasers files request to buy more shares
DUESSELDORF (Reuters) - Hugo Boss' second-biggest shareholder, British sports and fashion retailer Frasers, has filed a request to acquire more shares in the German company, according to a filing with...
Aug 23, 2024
Nestle CEO Schneider was ousted due to company's underperformance - three sources
LONDON (Reuters) - Nestle CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance, three sources familiar with the matter told Reute...
Aug 23, 2024
Volkswagen's battery targets not 'set in stone', battery chief tells FAS
GDANSK/BERLIN (Reuters) - Volkswagen's goal of building 200 gigawatt hours of battery capacity by 2030 is not "set in stone" and the carmaker will monitor how demand for electric vehicles (EVs) develo...
Aug 23, 2024
TSX futures rise, Fed Chair Powell's speech anticipated
(Reuters) - Futures linked to Canada's main stock index rose on Friday as crude and metal prices gained, while investors awaited U.S. Federal Reserve Chair Jerome Powell's address later in the day. Se...
Aug 23, 2024
Nestle CEO Schneider was ousted, paving way for veteran Freixe, sources say
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) - Nestle CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance, three sourc...
Aug 23, 2024
