Stellantis operating profit rises 11% in H1 topping forecasts
MILAN Carmaker Stellantis said on Wednesday its operating profit rose 11% in the first half of this year,
2023-07-26 14:22
Adobe's Figma deal faces full-scale EU antitrust probe, sources say
By Foo Yun Chee Adobe's $20 billion bid for cloud-based designer platform Figma will face a full-scale EU
2023-07-25 03:54
New EV battery plant fuels labor tensions as UAW strike looms
Stellantis and Samsung SDI announced plans Monday for another EV battery plant joint venture to open in 2027. But the announcement could make it more difficult to avoid a strike at Stellantis' existing US plants this fall.
2023-07-25 02:50
Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says
By Pablo Mayo Cerqueiro, Echo Wang and David French LONDON/NEW YORK Accelerant is planning to raise fresh capital
2023-07-25 01:21
US restaurants set for second-half profit boost as costs ease, demand stays firm
By Deborah Mary Sophia Restaurant chains including McDonald's and Chipotle Mexican Grill are expected to report strong profits
2023-07-24 23:17
China's Alibaba says it will not join Ant Group share buyback
BEIJING China's Alibaba Group said on Sunday it had decided not to participate in a proposed repurchase of
2023-07-23 19:53
Here's how Bud Light became the latest corporate bogeyman for Ron DeSantis
Florida Gov. Ron DeSantis has sets his sights on Bud Light, the latest development in what has turned into an ongoing crisis for the beer brand following its brief partnership with influencer Dylan Mulvaney, who is trans, four months ago.
2023-07-22 01:56
DeSantis calls for state investment manager to consider action against Bud Light's parent company
Florida Gov. Ron DeSantis is urging the state's pension fund manager to consider legal action against Bud Light's parent company amid conservative backlash to the beermaker's recent marketing efforts, the latest attempt by the Republican presidential candidate to inject himself and the state he runs into the country's culture wars.
2023-07-21 08:21
Exclusive-Microsoft hit with EU antitrust complaint by German rival
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday,
2023-07-20 17:50
U.S. economist withdraws from top EU antitrust post after French backlash
By Foo Yun Chee and Benoit Van Overstraeten BRUSSELS A U.S. economist chosen for a senior European Union
2023-07-20 00:29
Analysis-French backlash scuppers appointment of US economist for EU Big Tech regulation
By Foo Yun Chee BRUSSELS A French-led backlash led to a U.S. economist withdrawing from a top European
2023-07-19 22:53
USDA, states eye cheaper food by targeting anticompetitive acts
By Leah Douglas The U.S. Department of Agriculture is seeking to lower food prices and boost competition by
2023-07-19 17:26