Remy wants to fix US inventory problems by year-end, profits fall
(Reuters) – Remy Cointreau’s CEO said on Thursday he aimed to end the year with a “sound” level of stock…
Italy’s competition body stops Intesa moving clients to mobile bank
(Reuters) – Italy’s competition authority on Thursday said it had told the country’s biggest bank Intesa Sanpaolo (OTC:ISNPY) to halt…
Elon Musk curses out advertisers who left X over antisemitic content
(Reuters) – Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to “Go…
Lloyds Banking Group to close 45 branches amid industry shift to digital banking
In a significant move signaling the banking industry’s shift towards digital services, Lloyds Banking Group (LON:LLOY) has announced today the…
Elliott takes $1 billion stake in US oil refiner Phillips 66, urges board revamp
(Reuters) – Elliott Investment Management has taken a $1 billion stake in Phillips 66 (NYSE:PSX) and is urging the U.S.…
Global firms rush to buy Alipay’s stake in India’s Zomato
(Reuters) – Global money managers and banks ranging from Vanguard to Goldman Sachs as well as the Singapore government rushed…
Toyota and affiliates divest 8% stake in Denso in $4B deal
Toyota (NYSE:TM) and two related companies have announced plans to divest a minimum of 8% stake in supplier Denso (6902.T),…
Pro Research: Wall Street eyes Microsoft’s AI strategy
In the ever-evolving tech landscape, Microsoft Corporation (NASDAQ:MSFT) stands out as a beacon of innovation and strategic growth. With a…
Pro Research: wall Street takes a closer look at Cisco’s prospects
In the competitive landscape of networking and telecommunications, Cisco Systems Inc (NASDAQ:CSCO). stands as a formidable player. The company’s journey…
US Supreme Court weighs legality of SEC in-house enforcement
(Reuters) – The U.S. Supreme Court began hearing arguments on Wednesday on the legality of the Securities and Exchange Commission’s…