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…
Analysis-Tencent bets big on WeChat Channels in push to build its own TikTok
By Josh Ye HONG KONG (Reuters) – On a hot summer’s day last year, the 90’s boy band Backstreet Boys…
Adidas loses N.Y. trial against Thom Browne over three-stripe design
By Blake Brittain (Reuters) – A Manhattan jury on Thursday said Adidas AG had failed to show luxury brand Thom…
Warner Bros Discovery explores sale of music library – FT
(Reuters) -Warner Bros Discovery Inc is exploring a sale of its music library that could be valued at more than…
Warner Bros Discovery rolls out first HBO Max price hike in U.S
(Reuters) -Warner Bros Discovery Inc is raising HBO Max’s ad-free subscription fee in the United States for the first time…
Debt bomb, biotech bump and a bond rally: 2023 money predictions
By Chris Taylor NEW YORK (Reuters) – If there was only one word to sum up 2022, “unpredictable” might be…
Disney, activist investor Peltz gird for fight over board seat
By Svea Herbst-Bayliss, Uday Sampath Kumar and Yuvraj Malik NEW YORK (Reuters) -Walt Disney Co and billionaire Nelson Peltz are…