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1 week ago | 
today.westlaw.com | Enes Tunagur |Jane Merriman |Kate Abnett |Jonathan Saul
LONDON (Reuters) -Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector that will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.
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2 weeks ago | 
today.westlaw.com | Shinjini Ganguli |Clara Denina |Jane Merriman |Vallari Srivastava
LONDON (Reuters) -Peabody Energy is reviewing all options related to its $3.78 billion acquisition agreement with Anglo American for some of its Australian steelmaking coal assets after a fire halted production at a mine included in the deal.
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2 weeks ago | 
arizonadigitalfreepress.com | Sam Nussey |Aidan Lewis |Jane Merriman
Nintendo logo is seen at the Paris Games Week (PGW), a trade fair for video games in Paris, France, October 27, 2024. (REUTERS/Sarah Meyssonnier/File Photo)By Sam Nussey | REUTERSNintendo said on Wednesday the Switch 2 would launch on June 5 with the successor to the home-portable Switch gaming device retailing for $449.99. The device offers a bigger, better screen and a mouse function.
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3 weeks ago | 
gurutrade.com | Ziyi Tang |Ryan Woo |Christopher Cushing |Jane Merriman
Bank shares jump on recapitalisation plans
Lenders expect increases to core tier-1 ratios
Capital injections leverage more credit to support the economy
BEIJING, March 31 (Reuters) - Shares in China's big state-owned banks rose on Monday after the lenders unveiled around a $72 billion recapitalisation plan to boost their core capital.
The recapitalisation aims to help the banks to increase capital buffers and manage asset quality strains.
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3 weeks ago | 
today.westlaw.com | Shivani Tanna |Sharon Singleton |Jane Merriman |Johan Ahlander
COPENHAGEN (Reuters) -Volvo Cars, majority-owned by China's Geely, has brought back former CEO Hakan Samuelsson to head the company for the next two years at a turbulent time marked by mounting tariff pressures, replacing Jim Rowan who has run the...
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3 weeks ago | 
gurutrade.com | Johan Bodinier |Alessandro Parodi |David Evans |Jane Merriman
March 28 (Reuters) - Ubisoft shares rose more than 10% on Friday after the French video game maker announced plans to set up a subsidiary in which Tencent will invest 1.16 billion euros.
The creator of Assassin's Creed said on Thursday the new subsidiary would be valued at around 4 billion euros ($4.32 billion) and will bring together the Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six brands.
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4 weeks ago | 
cp24.com | Jane Merriman
U.S. President Donald Trump's actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer H&M said on Thursday, as the company shifts its supply chain to adapt to new trade barriers. H&M's biggest manufacturing hubs are China, which Trump has already hit with an extra 20 per cent tariff on imports, and Bangladesh, one of the countries at risk of so-called "reciprocal" tariffs Trump plans to announce on April 2.
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4 weeks ago | 
gurutrade.com | Tomasz Janowski |Jane Merriman
SINGAPORE, March 27 (Reuters) - CNOOC Ltd on Thursday reported a 11.4% growth in 2024 net profit on record oil and gas output despite weaker oil prices.
The offshore oil and gas specialist posted a net profit of 137.9 billion yuan ($18.99 billion) in a filing to the Hong Kong Stock Exchange on Thursday.
This is CNOOC's second-highest profit on record. Domestic rival Sinopec Corp's on Sunday reported net income that fell 16.8% to 50.3 billion yuan.
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4 weeks ago | 
gurutrade.com | James Davey |Kate Holton |Jane Merriman
Simon Wolfson joined Next in 1991 and has been CEO since 2001
He is longest-serving CEO of a FTSE 100 business
Has grown Next to billion pound profit business
LONDON, March 27 (Reuters) - British clothing retailer Next joined the one billion-pound profit club on Thursday, but while investors celebrate, they are also starting to worry about the lack of a clear succession plan for its star CEO of 24 years Simon Wolfson.
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1 month ago | 
gurutrade.com | Ludwig Burger |Miranda Murray |Jane Merriman
FRANKFURT, March 5 (Reuters) - Bayer on Wednesday raised the prospect of a return to earnings growth next year but reiterated that a decline was expected for this year, potentially testing investors' patience with the CEO's turnaround efforts.
The German maker of drugs and farming pesticides said 2025 would be "the most difficult in terms of financial performance, with net sales roughly in line with and earnings and free cash flow behind the prior year".
