By Leo Marchandon (Reuters) -Shares in Dutch coffee maker JDE Peet’s surged more than 16% after German conglomerate JAB said on Monday it will increase its majority stake to 68% by acquiring all of Mondelez’s shares in a 2.2 billion euro ($2.4 billion) deal. JAB said it will pay 25.10 euros per share for Mondelez’s …
JDE Peet’s shares surge after JAB increases majority stake in $2.4 billion deal Read More »
(This Oct. 14 story has been refiled to remove a picture) PARIS (Reuters) – The French government needs guarantees from drugmaker Sanofi that production of its popular Doliprane painkiller will stay in France to allow the sale of its consumer health branch to go ahead, Economy Minister Antoine Armand said on Monday. Sanofi said on …
France seeks job guarantees from Sanofi over Doliprane painkiller production Read More »
(Reuters) -A British regulator has fined Volkswagen’s UK financial services unit 5.4 million pounds ($7 million) for unfairly treating financially-stretched customers between 2017 and 2023. Volkswagen Financial Services (UK) Limited, which has agreed to pay over 21.5 million pounds in redress to around 110,000 customers who may have suffered, also took cars away from vulnerable …
UK watchdog fines Volkswagen unit for unfairly treating customers Read More »
By Nathan Vifflin and Mara Vilcu (Reuters) -French car part supplier Forvia has secured new deals with Chinese automakers BYD and Xiaomi, it said on Monday, sending its shares up nearly 10%. The world’s seventh largest car parts supplier by revenue, whose Chinese sales account for a quarter of total revenue, is hoping new contracts …
Forvia clinches new supply deals with China’s BYD and Xiaomi, shares jump Read More »
By Carla O’Connor (Reuters) – U.S. music star Lionel Richie said he was heading to the “best touring spot in the world” next year as he announced a new set of UK and European concerts kicking off next spring. The Grammy Award winning singer-songwriter’s “Say Hello To The Hits” tour will begin in Belfast on …
Lionel Richie likens touring to vacation as he announces Europe shows Read More »
LONDON (Reuters) – War, inflation and Britain’s departure from the European Union led to a 17% fall in job vacancies in London’s financial services sector in the third quarter versus the same time a year ago, recruitment firm Morgan McKinley said Monday. Mark Astbury, associate director at Morgan McKinley, also said hiring was likely to …
City of London job vacancies fall 17% year-on-year, data shows Read More »
By Andy Bruce (Reuters) – British finance minister Rachel Reeves faces a tough task to raise the tax revenues she needs to invest more in public services and new infrastructure in her Oct. 30 budget. With the tax burden at its highest since just after World War Two, Prime Minister Keir Starmer’s Labour Party promised …
Factbox-Taxes and the UK budget – tough choices for Rachel Reeves Read More »
(Reuters) -Russia and Ukraine carried out a new exchange of prisoners of war on Friday, each side bringing home 95 prisoners in an agreement in which the United Arab Emirates acted as mediator. Russia’s Defence Ministry, in a post on the Telegram messaging app, said the returning Russian service members were undergoing medical checks in …
Russia, Ukraine each bring home 95 prisoners of war in swap brokered by UAE Read More »
(Reuters) -A Russian missile struck a residential district in Ukraine’s Black Sea port of Odesa late on Friday, triggering a fire, but causing no casualties, officials said. An official city Telegram channel said a three-storey building had sustained damage along with 10 private homes. Emergency services were at the site. There was no independent verification …
Russian missile damages residential buildings in Ukraine’s Odesa, no casualties Read More »
By Nidal al-Mughrabi CAIRO (Reuters) – Israeli military strikes killed at least 32 people across the Gaza Strip on Saturday, Palestinian health officials said, as forces tightened a siege around hospitals in Jabalia in the north of the enclave. In the central Gaza Strip camp of Al-Maghzai, an Israeli strike on a house killed 11 …
Israeli strikes kill 32 in Gaza, siege around hospitals tightens, health officials say Read More »
