Headlines

Britain’s JD Sports to buy France’s Courir in $572 million deal

Britain’s JD Sports to buy France’s Courir in $572 million deal

(Reuters) -JD Sports Fashion has proposed buying France’s Groupe Courir for an enterprise value of 520 million euros ($572 milli..

Italy’s MPS vows to keep delivering after sharp profit jump

Italy’s MPS vows to keep delivering after sharp profit jump

MILAN (Reuters) -Italy’s Monte dei Paschi di Siena (MPS) pledged on Tuesday to maintain the state-owned bank’s performance..

Ferrari CEO says e-fuel cars do not compromise carbon goals

Ferrari CEO says e-fuel cars do not compromise carbon goals

MILAN (Reuters) – Ferrari’s plans to continue building internal combustion engine cars powered by so called e-fuels does n..

K+S cuts 2023 profit outlook on slow recovery, lower potash prices

K+S cuts 2023 profit outlook on slow recovery, lower potash prices

(Reuters) – German potash and salt miner K+S on Tuesday cut its annual profit outlook on a slower than expected recovery in dema..

Li-Cycle and Glencore unveil plans for recycling hub in Italy

Li-Cycle and Glencore unveil plans for recycling hub in Italy

(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along with Sw..

Cryptoverse-Tether gets a lift from stability doubts

Cryptoverse-Tether gets a lift from stability doubts

(Reuters) – Digital stablecoin tether is winning the race for the title of the crypto world’s “least risky” as..

Daimler Truck sees higher returns as supply chains, demand improve

Daimler Truck sees higher returns as supply chains, demand improve

BERLIN (Reuters) – Daimler Truck reported on Tuesday an adjusted return of sales of 8.8% in the first quarter of the year, up fr..

PayPal adjusted margin forecast cut eclipses higher profit expectations

PayPal adjusted margin forecast cut eclipses higher profit expectations

(Reuters) -PayPal Holdings Inc on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise..

Amazon offers shoppers $10 to pick up purchases as it targets delivery costs

Amazon offers shoppers $10 to pick up purchases as it targets delivery costs

LOS ANGELES (Reuters) – Amazon.com is offering customers $10 to pick up a purchase rather than have it shipped to a home address..

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

Uber rival Bolt seeks to turn profitable next year, IPO in 2025

STOCKHOLM (Reuters) – Estonian ride-hailing and food delivery startup Bolt expects to turn profitable in the next 12 months and ..