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Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% highe..

Swiss Re appoints Andreas Berger as new CEO from July

Swiss Re appoints Andreas Berger as new CEO from July

ZURICH (Reuters) -Reinsurance company Swiss Re said on Wednesday Andreas Berger would become group chief executive officer from July, ..

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

(Reuters) – French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its par..

Card payments no longer the default choice for consumers – local payments are the new hero

Card payments no longer the default choice for consumers – local payments are the new hero

A new global study of 10,500 consumers across 37 markets reveals a mainstream shift in the way people around the world pay online Fin..

Euro zone factory downturn deepened again in March, PMI shows

Euro zone factory downturn deepened again in March, PMI shows

LONDON (Reuters) – Euro zone manufacturing activity took a further turn for the worse in March, contracting at a steeper pace th..

IKEA Foundation backs emerging market EV push with $100 million grant

IKEA Foundation backs emerging market EV push with $100 million grant

LONDON (Reuters) – A global initiative to accelerate electric vehicle uptake has received a $100 million funding boost from the ..

UK shop prices rise at slowest pace since December 2021

UK shop prices rise at slowest pace since December 2021

LONDON (Reuters) – Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consorti..

Disney edges ahead in battle for board seats with activist investors

Disney edges ahead in battle for board seats with activist investors

NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of th..

UBS launches new $2bn share buyback

UBS launches new $2bn share buyback

ZURICH (Reuters) -UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being c..

BMW and India’s Tata Technologies to form JV for developing software

BMW and India’s Tata Technologies to form JV for developing software

BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury a..