(Reuters) -ValueAct Capital Management has taken a stake in Spotify Technology SA, at a time when the audio streaming company…
BTS agency HYBE joins battle for South Korea’s SM with tender offer
By Hyunsu Yim and Joyce Lee SEOUL (Reuters) -HYBE, manager of South Korean boy band BTS, announced a deal on…
U.S. consumer sentiment improves; inflation expectations rise
WASHINGTON (Reuters) – U.S. consumer sentiment improved to a 13-month high in February, but households expected higher inflation to persist…
Auto parts maker Magna warns of margin pressures on higher costs
By Kannaki Deka (Reuters) -Canada’s Magna International Inc on Friday reported an 80% fall in quarterly profit and warned of…
Japan set to pick academic Ueda as next Bank of Japan chief -sources
By Takaya Yamaguchi, Kentaro Sugiyama and Yoshifumi Takemoto Tokyo (Reuters) – Japan’s government is likely to appoint academic Kazuo Ueda…
Canada’s January job blowout signals possible need for fresh rate hike
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -The Canadian economy smashed expectations by adding a net 150,000 jobs in…
Unilever says prices hikes will continue into this year, easing in H2
(This Feb. 9 story has been corrected to remove reference to Fairy detergent in paragraph 2) By Richa Naidu LONDON…
ECB rates must rise significantly; broad disinflation not happening – Schnabel
FRANKFURT (Reuters) -The European Central Bank must still raise interest rates significantly as broad disinflation has not yet started, even…
Hawkish Russian central bank warns of deficit threat as it holds rates
By Alexander Marrow MOSCOW (Reuters) -Russia’s central bank on Friday warned that further widening of the country’s budget deficit may…
VW to speed up electric shift in five-year plan
BERLIN (Reuters) -Volkswagen will speed up its shift to electric cars and revamp its software strategy in a five-year investment…