(Reuters) -Comcast Corp has cut its stake in BuzzFeed Inc by 8.5% since the end of January, cashing in on…
Baidu beats fourth-quarter revenue estimates, flags chatbot launch
(Reuters) – China’s Baidu Inc beat revenue estimates for the fourth quarter on Wednesday, bolstered by strength in its advertising,…
Danone eyes better margins in 2023, Q4 sales top estimates
By Dominique Vidalon PARIS (Reuters) -French food group Danone said on Wednesday it expected better margins this year after soaring…
Stellantis sees car price pressure ahead as profit beats forecasts
By Giulio Piovaccari and Nick Carey MILAN (Reuters) -Fiat, Ram and Peugeot maker Stellantis beat profit forecasts on Wednesday due…
Tesla scales back German battery plans, won over by U.S. incentives
By Victoria Waldersee BERLIN (Reuters) -Tesla Inc has begun assembling batteries in Germany but will focus cell production in the…
Private credit investments surged 89% in 2022 – report
By Chiara Elisei LONDON (Reuters) – Private credit and infrastructure investments across emerging and developing markets surged to record levels…
Cineworld shares dive on reports of no bidders for UK, U.S. assets
(Reuters) – Shares of Cineworld slumped as much as 22% on Wednesday after media reports said the world’s second-largest cinema…
KKR extends bid for TIM’s grid as government looks into offer
By Elvira Pollina and Giuseppe Fonte MILAN/ROME (Reuters) – KKR has extended an offer for Telecom Italia’s (TIM) prized landline…
Markets bracing for ‘no landing’ world economy scenario curb risk appetite
By Naomi Rovnick and Davide Barbuscia LONDON/NEW YORK (Reuters) – Markets, bracing for a “no landing” scenario where global economic…
Bullard calls on Fed to get inflation under control this year
(Reuters) – The Federal Reserve needs to get inflation on to a sustainable path down toward its 2% goal this…