Business

Microsoft to make $4.8 billion AI, cloud investment in Italy

Microsoft to make $4.8 billion AI, cloud investment in Italy

  MILAN (Reuters) – Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its ar..

Euro area long-dated yields rise after sharp drop, geopolitics in focus

Euro area long-dated yields rise after sharp drop, geopolitics in focus

By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..

Sainsbury’s boss looks to UK budget to lift spending gloom

Sainsbury’s boss looks to UK budget to lift spending gloom

By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start spending strongly again unt..

Grifols plans to invest $402 million in new industrial centre, El Economista says

Grifols plans to invest $402 million in new industrial centre, El Economista says

  (Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros ($401.98 million) to build a new industrial plant..

UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally

UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally

  By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) -UK’s FTSE 100 closed up on Thursday, though lagging its Europea..

UniCredit starts process to bring life insurance business in house

UniCredit starts process to bring life insurance business in house

  MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint..

Switching off is hard to do – 29% hatch work plans on holiday

Switching off is hard to do – 29% hatch work plans on holiday

YouGov survey for Purbeck Insurance Services September 2024:  As the summer holidays come to an end, a new survey of work-age adults a..

The Guide to Valuing a Start-Up Entity

The Guide to Valuing a Start-Up Entity

By Michael R. Koeppel, CPA, ABV, CFF, CTP, CITP, CGMA is Managing Director of Lakelet Advisory Group LLC. Assessing the value of a sta..

Nike veteran Hill to replace Donahoe as CEO; shares jump

Nike veteran Hill to replace Donahoe as CEO; shares jump

By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the comp..

Nike’s next CEO Hill brings a bootstraps mentality

Nike’s next CEO Hill brings a bootstraps mentality

By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on v..