Headlines

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..

Ubisoft vows to get back to operating margin above 20% in medium term

Ubisoft vows to get back to operating margin above 20% in medium term

By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..

Uniper sells UAE marine fuels refinery to consortium including Montfort

Uniper sells UAE marine fuels refinery to consortium including Montfort

FRANKFURT/SINGAPORE (Reuters) -German utility Uniper has agreed to sell its oil refinery in the United Arab Emirates to a consortium o..

Amazon grants 1.5 million euros to Dutch seaweed farm project

Amazon grants 1.5 million euros to Dutch seaweed farm project

AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commer..

Aldi UK to recruit 6,000 after strong Christmas trading

Aldi UK to recruit 6,000 after strong Christmas trading

LONDON (Reuters) – The British arm of German discounter Aldi said on Thursday it was looking to hire more than 6,000 workers, co..

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

ZURICH (Reuters) – Switzerland’s Holcim is to acquire thermoplastic roofs manufacturer FDT Flachdach Technologie GmbH, the..

Cisco forecast raise allays tech spending fears, lifts shares

Cisco forecast raise allays tech spending fears, lifts shares

By Yuvraj Malik (Reuters) -Cisco Systems Inc on Wednesday raised its full-year earnings forecast and delivered strong second-quarter r..

Shopify’s revenue forecast fails to impress, shares fall

Shopify’s revenue forecast fails to impress, shares fall

By Nivedita Balu (Reuters) -Shopify Inc on Wednesday forecast slowing revenue growth for the current quarter despite price hikes and n..

Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario

Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The dollar climbed to a six-week peak against a currency bas..