At Cannes, independent film firms optimistic as streamers stumble
By Miranda Murray CANNES (Reuters) – Independent film companies facing a market upended by the entry of streaming services are…
Business
Subsidy cuts could derail Thyssenkrupp green steel project -labour bosses
By Tom Käckenhoff and Christoph Steitz DUESSELDORF/FRANKFURT (Reuters) -Thyssenkrupp’s labour bosses cranked up the pressure on Berlin to help fund…
China’s Tencent marks return to revenue growth in first quarter
By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings Ltd marked a return to revenue growth in the first quarter…
Global debt on the rise, EM crosses $100 trillion mark – IIF
By Rodrigo Campos NEW YORK (Reuters) – A measure of debt across the globe rose in the first quarter to…
Tencent cuts cloud service prices up to 40% to fend off rivals
By Josh Ye HONG KONG (Reuters) -Chinese internet giant Tencent Holdings is cutting prices for cloud services by up to…
Italy posts largest trade surplus in almost two years as imports drop
(Reuters) -Italy posted a trade surplus with the rest of the world of 7.5 billion euros ($8.3 billion) in March,…
Stellantis tells UK to change Brexit deal or see car plants close
By Kate Holton and Nick Carey LONDON (Reuters) – British car plants will close with the loss of thousands of…
Ford calls for extension of post-Brexit trade rules to 2027
By Nick Carey LONDON (Reuters) -Ford on Wednesday called for post-Brexit EU trade requirements on rules of origin for electric…
T.J. Maxx parent raises profit view as cost pressures ease
By Granth Vanaik (Reuters) – TJX Cos Inc lifted its annual profit forecast on Wednesday, banking on easing cost pressures…
Pfizer to raise $31 billion for Seagen takeover in largest debt offering
(Reuters) -Pfizer Inc is planning to raise $31 billion through its largest debt offering to finance its proposed acquisition of…