(Reuters) – Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he…
Carnival Corp posts smaller loss as it tightens control on costs
(Reuters) -Carnival Corp on Wednesday posted a smaller-than-expected quarterly loss as the cruise operator kept a tight lid on operating…
Hedge fund Citadel expects to return $7 billion in profits to clients – source
By Carolina Mandl (Reuters) – Hedge fund Citadel expects to return about $7 billion in profits to its investors in…
Pace of new climate, sustainable business rules will not let up
By Simon Jessop and Huw Jones LONDON (Reuters) – The past year was the busiest ever for climate and sustainability…
H&M agrees to pay a 500 euro bonus to 4,000 workers in January
MADRID (Reuters) -Swedish fashion retailer H&M will pay a 500 euro ($530) bonus to some 4,000 shop workers in Spain…
Orpea says it filed criminal complaint against former CEO
PARIS (Reuters) – Scandal-shaken French care home company Orpea on Wednesday said it had filed a criminal complaint against its…
Leonardo agrees early retirement, new hirings deal with Italian unions
ROME (Reuters) – Defence and aerospace group Leonardo said on Wednesday it had struck a deal with Italian trade unions…
European shares post best day in nearly 6 weeks as upbeat Nike results lift retailers
By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares rose on Wednesday, as banks extended gains and upbeat results…
Two equity bankers lose their Morgan Stanley broker licenses – U.S. regulator
By Saeed Azhar and Chris Prentice NEW YORK (Reuters) -Two Morgan Stanley equity syndicate bankers, Pawan Passi and Charles Leisure,…
AMC abandons talks to acquire bankrupt Cineworld’s theaters
(Reuters) -Cinema chain AMC Entertainment Holdings said on Wednesday it was no longer in talks to acquire some theaters owned…