Corporate Dispatch
Arla says sales could slip this year as consumers cut back on dairy products
Dairy producer Arla said that sales could slip this year after a flat 2023 as European consumers continue to cut back spending,…
UK’s Currys’ shares soar after China’s JD.com joins takeover battle
LONDON, Feb 19 (Reuters) - China's JD.com said it was evaluating a takeover of Britain's Currys, sending shares in the electricals retailer…
Lufthansa ground staff to strike on Tuesday
Ground staff at German airline Lufthansa will go on strike on Tuesday, the Verdi union said, announcing the latest industrial action to…
EU poised to fine Apple about 500 mln euros, FT reports
Feb 18 (Reuters) - The European Union is set to fine Apple about 500 million euros ($539 million) over alleged breaches of…
Chemicals maker Sika flags ‘challenging’ 2024 for construction
By John Revill ZURICH, Feb 16 (Reuters) - Sika said on Friday it expects market conditions to remain "challenging" in 2024 as…
Nike plans to cut about 2% jobs
Feb 15 (Reuters) - Nike said it will cut about 2% of its total workforce, or more than 1,600 jobs, as the…
UK’s M&S adds Puma and Reebok to external brand offer
LONDON, Feb 15 (Reuters) - British retailer Marks & Spencer said on Thursday it has teamed up with Puma and Reebok as…
Microsoft to invest 3.2 bln euro in Germany in AI push
BERLIN, Feb 15 (Reuters) - U.S. software giant Microsoft will invest 3.2 billion euros ($3.44 billion) in Germany in the next two…
UK’s Costa Coffee to give workers 9% pay rise
LONDON, Feb 15 (Reuters) - Britain's Costa Coffee said on Thursday it would give over 15,000 hourly-paid workers an average 9% pay…
Puma and Scuderia Ferrari Unveil 2024 Replica Collection
Global Sports Company Puma together with Scuderia Ferrari, introduced the latest edition of the Scuderia Ferrari Replica Collection for the 2024 Formula…
Microsoft in talks to end trade body’s cloud computing complaint
By Foo Yun Chee BRUSSELS, Feb 7 (Reuters) - Microsoft is in talks with CISPE in an attempt to resolve its European…
Hilton Worldwide sees softer US leisure travel hitting 2024 profit
Feb 7 (Reuters) - Hotel operator Hilton Worldwide on Wednesday forecast 2024 profit below market expectations on higher expenses and signs of…