corporate strategy

Image for Novartis to acquire Avidity Biosciences for about $12 billion
Finance

Novartis to acquire Avidity Biosciences for about $12 billion

(Reuters) -Swiss drugmaker Novartis on Sunday said it agreed to acquire U.S. biotech firm Avidity Bi...

26th October, 2025

Image for Signify dims sales forecast as soft US demand hits professional lighting unit
Finance

Signify dims sales forecast as soft US demand hits professional lighting unit

By Leo Marchandon and Jerome Terroy (Reuters) -Signify, the world's biggest lights maker, reported a...

24th October, 2025

Image for Terna does not comment report on potential power grid stake sale
Finance

Terna does not comment report on potential power grid stake sale

MILAN (Reuters) -Italy's power grid operator Terna said on Friday it did not want to comment rumours...

24th October, 2025

Image for Crisis-hit Porsche plunges to $1.1 billion quarterly loss
Finance

Crisis-hit Porsche plunges to $1.1 billion quarterly loss

By Rachel More BERLIN (Reuters) -Porsche swung to a wider-than-expected operating loss in the third...

24th October, 2025

Image for Intel shares jump as investments, cost cuts catapult turnaround efforts
Finance

Intel shares jump as investments, cost cuts catapult turnaround efforts

LONDON (Reuters) -Intel shares rose nearly 10% in Frankfurt on Friday, a day after the company beat...

24th October, 2025

Image for Sika posts lower nine-month sales, plans up to 1,500 job cuts
Finance

Sika posts lower nine-month sales, plans up to 1,500 job cuts

By John Revill ZURICH (Reuters) -Swiss industrial and construction chemicals maker Sika reported a d...

24th October, 2025

Image for Ferragamo beats forecasts with 1.7% revenue rise as CEO search continues
Headlines

Ferragamo beats forecasts with 1.7% revenue rise as CEO search continues

MILAN (Reuters) -Italian luxury group Salvatore Ferragamo posted a stronger-than-expected 1.7% rise...

23rd October, 2025

Image for Accor lifts profit outlook, plans buyback after narrow Q3 miss
Finance

Accor lifts profit outlook, plans buyback after narrow Q3 miss

By Mateusz Rabiega (Reuters) -Europe's biggest hotel group Accor upgraded its core profit guidance o...

23rd October, 2025

Image for Valeo Q3 sales beat market hopes, Europe outperforms
Finance

Valeo Q3 sales beat market hopes, Europe outperforms

By Mathias de Rozario (Reuters) -French car parts supplier Valeo on Thursday reported 0.6% growth in...

23rd October, 2025

Image for Lockmaker Allegion lifts 2025 profit forecast on strong non-residential demand
Finance

Lockmaker Allegion lifts 2025 profit forecast on strong non-residential demand

-Allegion raised its full-year profit forecast on Thursday, citing robust demand for its premium loc...

23rd October, 2025

Image for Unilever CFO says SEC automatic approval could see ice cream demerger in December
Finance

Unilever CFO says SEC automatic approval could see ice cream demerger in December

LONDON (Reuters) -Unilever CFO Srinivas Phatak said on Thursday the demerger of the group's ice crea...

23rd October, 2025

Image for Tesla shares slide as margin pressures mount despite record sales
Finance

Tesla shares slide as margin pressures mount despite record sales

(Reuters) -Tesla's shares fell nearly 4% in early Frankfurt trading on Thursday, after the company's...

23rd October, 2025