(Reuters) -Canadian business jet maker Bombardier Inc on Tuesday raised its 2022 forecast for revenue and free cash flow above…
What’s faster than a Corvette? A ‘Vette with an electric motor
By Joseph White DETROIT (Reuters) – General Motors Co on Tuesday revealed a new, hybrid Corvette sports car that uses…
Spain’s 2023 tourism revenue seen 5% higher than before pandemic
MADRID (Reuters) – Revenue from tourism companies in Spain is likely to be 4.7% higher this year than in 2019,…
Microsoft faces EU antitrust warning over Activision deal – sources
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft is likely to receive an EU antitrust warning about its $69 billion…
TUI boss: we are open to a big shareholder
BERLIN (Reuters) – Tourism company TUI is open to a new major shareholder after Russian billionaire Alexey Mordashov has been…
Dior names K-pop star Jimin global brand ambassador
PARIS (Reuters) – French fashion house Dior on Monday named K-pop star Jimin a global brand ambassador, broadcasting the tie-up…
Private equity persuades Italian luxury suppliers that bigger is better
By Elisa Anzolin and Valentina Za MILAN (Reuters) – Italian businesses discovered the limits of their ‘small is beautiful’ motto…
U.S. lawmakers call FAA outage ‘unacceptable,’ demand a fix
By David Shepardson WASHINGTON (Reuters) -A group of more than 120 U.S. lawmakers told the Federal Aviation Administration’s (FAA) its…
China acquires ‘golden shares’ in two Alibaba units
BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group…
Investor Peltz, corporate doctor, pushes Disney to take bitter pill
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Billionaire activist investor Nelson Peltz often presents himself as a…