Rimmel Parent Coty’s Revenue Disappoints On COVID Hit
(Reuters) – CoverGirl parent Coty Inc posted quarterly revenue below estimates on Tuesday, as stringent COVID-19 curbs in some markets…
2022
Germany argues over vaccine mandate for health workers
BERLIN (AP) — Germany’s health minister on Tuesday decried calls from the main opposition party to suspend the implementation of…
U.S. Small Business Sentiment Drops To 11-month Low -NFIB
WASHINGTON (Reuters) – U.S. small business confidence fell to an 11-month low in January amid persistent worker shortages and higher…
EU Lays Out Billion-euro Plan To Boost Chip Production
BRUSSELS (Reuters) – The European Commission on Tuesday set out a billion-euro plan to boost its chip industry, including making…
BP profits surge as high gas prices hit household finances
LONDON (AP) — BP PLC reported its biggest full-year profit for eight years on Tuesday, its coffers boosted by soaring…
SoftBank Dumps Sale Of Arm Over Regulatory Hurdles, To IPO Instead
By Jane Lanhee Lee and Josh Horwitz SAN FRANCISCO/SHANGHAI (Reuters) -SoftBank Group Corp has shelved its blockbuster sale of Arm…
Volvo Cars To Invest $1.1 Billion In Swedish Plant For Switch To EVs
STOCKHOLM (Reuters) -Volvo Cars will invest 10 billion crowns ($1.1 billion) in its manufacturing plant in Gothenburg in the next…
Japan’s Nissan swings back to profit despite chips crunch
TOKYO (AP) — Japanese automaker Nissan swung back into the black for the quarter through December, despite shortages of computer…
Japan’s SoftBank drops sale of Arm, plans IPO
TOKYO (AP) — SoftBank’s planned sale of the British semiconductor and software design company Arm to U.S. chip maker Nvidia…
SoftBank Q3 Profit Collapses As Arm Deal Falls Through
By Sam Nussey TOKYO (Reuters) -SoftBank Group Corp reported on Tuesday a 97% tumble in quarterly profit and the collapse…