By Tom Sims FRANKFURT (Reuters) -A delegation of employee representatives from Commerzbank met with members of the European Parliament to…
Category: Business
Crypto firm Bitcoin Standard to go public through deal with Cantor-backed SPAC
(Reuters) -Crypto firm Bitcoin Standard Treasury Company is aiming to list on the Nasdaq through a merger with a Cantor…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
Teneo acquires PwC’s Australia restructuring unit to expand financial advisory presence
(Reuters) -Teneo said on Thursday it has acquired the Australia business restructuring services unit of auditing firm PwC, as the…
Insurance bellwether Travelers beats profit estimates on stronger underwriting
(Reuters) -Property and casualty insurance giant Travelers Companies trounced Wall Street estimates for second-quarter profit on Thursday, driven by stronger…
Broadcom launches new Tomahawk Ultra networking chip in AI battle against Nvidia
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom’s chip unit unveiled on Tuesday a new networking processor that aims to…
GM outlines $4 billion plan to expand production of gas trucks and SUVs
By Nora Eckert and David Shepardson DETROIT (Reuters) -General Motors said on Tuesday it will move production of the Cadillac…
Google-backed coalition to help scale ocean, rock carbon removals
By Simon Jessop and Virginia Furness LONDON (Reuters) -A coalition backed by Google, Stripe and Shopify will spend $1.7 million…
US investors back away from climate and social reforms
By Ross Kerber (Reuters) -Support for shareholder resolutions pressing U.S. companies for environmental and social reforms fell to 16% on…
Kraft Heinz is planning a breakup, WSJ reports
(Reuters) -Packaged food maker Kraft Heinz is preparing to break itself up, the Wall Street Journal reported on Friday, citing…