Corporate Dispatch
Germany cuts stake in DHL in privatisation push
By Emma-Victoria Farr and Christian Kraemer FRANKFURT, Feb 7 (Reuters) - Germany's state-owned KfW bank placed some 50 million shares of its…
Microsoft says will help 2 mln Indians in small cities learn AI skills
MUMBAI, Feb 7 (Reuters) - Microsoft will provide 2 million people in India with AI skilling opportunities by 2025, CEO Satya Nadella…
Oil India looking at return to Libya
By Sethuraman N R Oil India is in talks with stakeholders to restart drilling in Libya, thirteen years after the company exited…
Microsoft and Semafor have partnered to use AI chatbots to create news stories.
Microsoft is working with media start-up Semafor to use its artificial intelligence chatbot to help develop news stories — part of a…
UPDATED: Stellantis denies speculation of merger plan with Renault
MILAN, Feb 5 (Reuters) - Stellantis Chairman John Elkann on Monday denied the carmaker was hatching merger plans, responding to press speculation…
UPDATED: Union calls strike at Lufthansa for Wednesday
BERLIN, Feb 5 (Reuters) - Ground staff at German flag carrier Lufthansa will go on strike this Wednesday, the Verdi union said…
Puma named global Top Employer in 2024
Sports company Puma has been named a Top Employer globally, in four regions and in 24 countries, underscoring the company’s commitment to…
Nestlé in hot water over purification treatment for Perrier and Vittel
French prosecutors are investigating Nestlé after the Swiss food giant admitted to treating water for its top brands, including Perrier and Vittel,…
Adidas joins sportswear peers in warning of tough 2024
By Helen Reid LONDON (Reuters) - Adidas shares fell on Thursday after the sportswear maker delivered a 2024 forecast well below analyst…
Bayer says to outsource some aspects of pharma business in Africa
NAIROBI, (Reuters) - Germany's Bayer will contract a third party to distribute its pharmaceutical products in four African markets including Kenya, it…
Ferrari sees strong orders powering more growth
MILAN, (Reuters) - Luxury sports car maker Ferrari sees further growth in revenues and core earnings this year, supported by a strong…
Tod’s for Automobili Lamborghini
Automobili Lamborghini and Tod's recently presented the first footwear collection born from the two brands’ partnership. The exclusive collaboration of the two…