(Reuters) -Deutsche Lufthansa said on Wednesday that it would sell the remaining part of airline caterer LSG Group to private equity firm Aurelius, three years after it first put the business up for sale. The German flagship carrier hopes the move will allow it to focus more on its core airline business, with chief financial …
Lufthansa to sell rest of LSG Group to private equity firm Aurelius Read More »
By Pavel Polityuk KYIV (Reuters) – President Volodymyr Zelenskiy thanked Poland for its “historic” help in rallying Western support for Ukraine during a visit to Warsaw and said Ukrainian troops were still fighting for Bakhmut in the east but could withdraw if they risked being cut off. Poland has provided vital weaponry to Kyiv since …
Zelenskiy indicates Ukraine could pull out of Bakhmut if Russians close in Read More »
By Blake Brittain (Reuters) – Chipotle Mexican Grill Inc sued fast-casual dining rival Sweetgreen Inc in California federal court Tuesday, claiming the salad chain’s new “Chipotle Chicken Burrito Bowl” violates its trademark rights. Chipotle’s lawsuit said Sweetgreen’s “very similar and directly competitive” bowl is an attempt to capitalize on the Chipotle brand and likely to …
Chipotle sues Sweetgreen for trademark infringement over ‘chipotle chicken’ bowl Read More »
By Svea Herbst-Bayliss and Makiko Yamazaki NEW YORK/TOKYO (Reuters) – Another major shareholder in Seven & i Holdings is pushing the company to spin off its 7-Eleven convenience store chain and wants new directors on the board as investor frustration with its conglomerate structure intensifies. Conglomerates are seen offering rich pickings for investor activists in …
Investor pressure builds for Seven & i shake-up, including 7-Eleven spin off Read More »
By Shivam Patel NEW DELHI (Reuters) – Indian opposition parties on Wednesday condemned the removal from some schoolbooks of references to how independence hero Mahatma Gandhi’s pursuit of Hindu-Muslim unity angered some Hindu extremists and led to his assassination. The new edition of a political science book for 17-18 year olds, published by the autonomous …
Indian opposition decries new schoolbook’s omission of Hindu rage at Mahatma Gandhi Read More »
By Deborah Mary Sophia and AnneFlorentyna GnanarajaSekar (Reuters) -Conagra Brands Inc raised its full-year profit forecast on Wednesday, as the Slim Jim beef jerky maker bets on price increases to shield its margins at a time when demand for its frozen foods and snacks showed signs of weakening. Shares of the company rose about 2% …
Conagra lifts profit forecast as price hikes offset demand pressures Read More »
BERLIN (Reuters) -Germany’s antitrust authority will have more power to crack down on anti-competitive practices under plans agreed by the government on Wednesday, a move business associations could give the state body too big a role to intervene in the market. Under legislation drafted by the economy and justice ministries, the Federal Cartel Office will …
German antitrust authority set to gain more powers Read More »
WASHINGTON (Reuters) – The U.S. Environmental Protection Agency said on Wednesday it is proposing tighter standards for mercury and other toxic emissions from coal plants for the first time in a decade, putting pressure on the country’s dirtiest power plants to clean up. The proposal would lower the emissions limit for filterable particulate matter, which …
U.S. proposes tighter mercury, air toxics standards for power plants Read More »
WASHINGTON (Reuters) – U.S. private employers hired far fewer workers than expected in March, adding to signs that the labor market was cooling. The ADP National Employment report on Wednesday followed on the heels of government data on Tuesday showing job openings falling below 10 million at the end of February for first time in …
By Simon Lewis and Humeyra Pamuk BRUSSELS/WASHINGTON (Reuters) – The United States is working through the process to determine whether Wall Street Journal reporter Evan Gershkovich’s detention by Russia is “wrongful”, U.S. Secretary of State Antony Blinken said on Wednesday, adding it would soon be completed. “It’s something that we’re working through very deliberately, but …
Blinken says U.S. working on ‘wrongful detention’ label for WSJ reporter Read More »
