By Alexander Marrow, Gleb Stolyarov and Anne Kauranen (Reuters) -The Kremlin said on Wednesday it could seize more Western assets in retaliation for foreign moves against Russian companies, after taking temporary control of assets belonging to two European state-owned utilities. President Vladimir Putin late on Tuesday signed a decree placing the Russian assets of Finland’s…
(Reuters) – “Call of Duty” maker Activision Blizzard beat quarterly bookings estimates on Wednesday, as it reported results a day earlier to allay concerns about its business after Britain blocked its $69 billion buyout by Microsoft Corp . Shares of the company were trading 10% lower, showing little reaction to the earnings report. Activision said…
(Reuters) – “Call of Duty” maker Activision Blizzard beat quarterly bookings estimates on Wednesday, as it reported results a day earlier to allay concerns about its business after Britain blocked its $69 billion buyout by Microsoft Corp . Shares of the company were trading 10% lower, showing little reaction to the earnings report. Activision said…
By Dominique Vidalon PARIS (Reuters) -Danone, the world’s largest yoghurt-maker, raised its 2023 outlook on Wednesday after it managed to pass on increased costs through price rises and first-quarter sales growth was the fastest in a decade. Danone, which expects prices to peak this year and also anticipates productivity gains, kept its forecast for a…
(Reuters) -CME Group Inc on Wednesday posted first-quarter profits that beat Wall Street expectations, as traders turned to the exchange operator’s hedging products to navigate market volatility related to worries about the banking sector and slowing macroeconomic growth. The recent regional banking failures along with the U.S. Federal Reserve’s continued rate hike cycle has roiled…
By David Ljunggren (Reuters) – President Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets of two foreign energy firms, signaling Moscow could take similar action against other companies if need be. The decree – outlining possible retaliation if Russian assets abroad are seized – showed Moscow had already taken…
By Richa Naidu and Dominique Vidalon LONDON/PARIS (Reuters) -The world’s top consumer goods companies, making everything from instant noodles to soap and ice cream, are paying less for their raw materials and energy, but it may take time before shoppers see significantly lower price tags for household goods. Rising expenses for everything from sunflower oil…
(Corrects spelling of TSI Semiconductors in the last paragraph) By Joseph White and Stephen Nellis DETROIT (Reuters) -Germany’s Bosch Group has agreed to buy key assets of California chip manufacturer TSI Semiconductors and invest $1.5 billion to expand U.S. production of silicon carbide chips for electric vehicles. Bosch and TSI did not disclose a purchase…
By Sam Tobin and Michael Holden LONDON (Reuters) – Prince Harry is not criticising his grandmother, the late Queen Elizabeth, or Britain’s royal family over a “secret agreement” with Rupert Murdoch’s UK newspaper arm, his lawyer told London’s High Court on Wednesday. Harry, the younger son of King Charles, is suing Murdoch’s News Group Newspapers…
By Daniel Wiessner (Reuters) – Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees not to discuss pay and other working conditions or bring complaints to higher level managers, a U.S. labor board official has ruled. Managers at the Orlando repair shop illegally silenced workers in 2021 after some…
