(Reuters) -Logitech International will buy back $2 billion worth of shares over the next three years, and will increase its current buyback program by $600 million, the computer parts maker said on Wednesday as it confirmed its 2025 outlook. The company also forecast fiscal year 2026 sales to range from $4.53 billion to $4.71 billion, …
Logitech targets $2 billion share buyback, confirms 2025 outlook Read More »
By David Milliken LONDON (Reuters) – Britain’s government should focus its search for welfare savings on the level of health and disability benefits rather than on tightening eligibility, and seek to get more people back to work, a think tank proposed on Thursday. On Tuesday Labour Party finance minister Rachel Reeves said the welfare budget …
UK should focus any welfare savings on benefit levels not scope, think tank says Read More »
By Dan Catchpole SEATTLE (Reuters) – Boeing CEO Kelly Ortberg told employees on Wednesday the company needs a more open culture where employees are encouraged to speak up and communicate across divisions, according to a partial transcript of a company-wide meeting seen by Reuters. “We’re very insular” and “we don’t communicate across boundaries,” he said …
Boeing needs to change its insular culture, CEO says in company-wide meeting Read More »
LONDON (Reuters) – British finance minister Rachel Reeves could have to choose between tax rises and a return to austerity when she delivers a budget update this month, a leading think tank said on Thursday. Reeves has said she will take action if forecasts from the government’s fiscal watchdog on March 26 show she is …
UK’s Reeves risks breaking budget promises, IFS think tank says Read More »
LONDON (Reuters) – One of Britain’s leading business groups on Wednesday cut its forecast for economic growth this year and in 2026 as firms brace for an increase in payroll taxes and other employment costs as well as uncertainties about global trade. The British economy is now expected to expand by 0.9% this year, the …
UK employers group cuts its growth forecast over budget costs, trade fears Read More »
(Reuters) -Britain’s competition watchdog said on Wednesday it would reconsider Spreadex’s completed acquisition of Sporting Index’s consumer-facing arm after the Competition Appeal Tribunal (CAT) overturned its previous decision. The Competition and Markets Authority (CMA) had asked Spreadex to sell the business it bought from Sporting Index in 2023 after concerns that the deal would harm …
UK antitrust regulator to reopen Spreadex-Sporting Index deal probe Read More »
By Jonathan Stempel (Reuters) – Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one day. In a decision made public on Tuesday, U.S. District Judge …
Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge Read More »
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Elon Musk’s space-based internet operator Starlink is trying to acquire more spectrum in Italy, two sources told Reuters, as Rome says it is waiting for the European Union to reach a common stance on the matter. Starlink applied to the Italian authorities for access to E-band …
Exclusive-Starlink has asked Italy for access to more spectrum, sources say Read More »
By Sarah Marsh and Matthias Williams BERLIN (Reuters) -The parties hoping to form Germany’s next government have agreed to create a 500 billion euro infrastructure fund and overhaul borrowing rules, a tectonic spending shift that jolted markets on Wednesday on hopes of reviving Europe’s largest economy. After three years of attacking what he called the …
Germany’s Merz races to win support for major financial package Read More »
By Leo Marchandon and Florence Loeve (Reuters) -French advertising agency Havas on Wednesday reported a slight 0.8% organic decline in its net income for 2024, compared with the previous year while confirming its financial targets for 2025. The agency, which reported a net income of 2.736 billion euros ($3.07 billion) for 2024, released its earnings …
Havas reports minor dip in 2024 earnings, plans share buyback Read More »
