Corporate Dispatch
Shein buys Missguided brand from Britain’s Frasers
LONDON, Oct 30 (Reuters) - Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley's Frasers Group, the e-commerce…
Deutsche Bank plans to close nearly half of Postbank branches -Financial Times
BERLIN, Oct 30 (Reuters) - Deutsche Bank is planning to close up to half of its Postbank branches in the next two…
HSBC launches $3 bln buyback, profit disappoints on rising costs
By Selena Li and Lawrence White HONG KONG/LONDON Oct 30 (Reuters) - HSBC announced on Monday a fresh $3 billion share buyback,…
Aurelius in talks to buy The Body Shop
By Akanksha Khushi Oct 29 (Reuters) - Private equity investor Aurelius Group is in talks to buy beauty products chain The Body…
Middle East crisis not impacting gas supply to Italy, Eni CEO says
By Francesca Landini RAVENNA, ITALY, (Reuters) - Italy is not facing any worries regarding gas supplies despite the current crisis in the…
Mattel sees challenging economy over holidays for toy industry
(Reuters) - Mattel this week warned of slowing demand for the toy industry heading into the crucial holiday season, taking the shine…
Pilots at Qantas’ unit to stop work for two days over wage talks
Oct 27 (Reuters) - The Australian Federation of Pilots (AFAP) said on Friday it has advised an unit of Qantas Airways it…
Hasbro cuts annual sales outlook on weaker toy business
Oct 26 (Reuters) - Hasbro cut its annual revenue forecast for the second time on Thursday, joining rival Mattel in warning of…
Italy’s Pirelli to make tyres in Saudi Arabia with Saudi wealth fund
ROME, Oct 26 (Reuters) - Italy's Pirelli has signed a joint venture with Saudi Arabia's Public Investment Fund (PIF) to build a…
UK’s Heathrow hikes passenger forecast as losses shrink
By Eva Mathews Oct 26 (Reuters) - Britain's Heathrow Airport raised its 2023 passenger forecast on Thursday and reported a big fall…
Pakistan national airline cancels 349 flights over fuel row
By Asif Shahzad ISLAMABAD, Oct 26 (Reuters) - Pakistan International Airlines (PIA) has canceled 349 flights in the last two weeks due…
Social media platform X rolls out audio, video calling
Social media platform X, formerly known as Twitter, is launching an early version of video and audio calling for some users, according…