MADRID (Reuters) – Spain’s Santander on Tuesday said its board had approved a total cash dividend of 0.21 euros ($0.2207) per share against 2024 results, a 19% rise from a year ago. This followed the board’s proposal of a final cash dividend for 2024 of 0.11 euros for approval at its shareholders meeting on April …
Santander raises total cash dividend by 19% in 2024 Read More »
By Stephen Nellis (Reuters) – Dassault Systèmes on Tuesday said that it has worked with Apple to integrate Apple’s Vision Pro into its 3D software, which is widely used in manufacturing, life sciences and urban planning. France-based Dassault Systèmes has hundreds of thousands of customers who use its software to design cars, airplanes and factories, …
Dassault Systèmes partners with Apple to put industrial 3D software on Vision Pro Read More »
ZURICH (Reuters) – Emasan AG, an arm of the Sandoz Family Foundation, has launched a public offering of some 26.5 million shares in Swiss pharmaceutical firm Novartis to raise up to $3 billion in an accelerated bookbuilt offering, according to the bookrunner. According to the terms of the offering, seen by Reuters on Tuesday, Emasan …
Sandoz family foundation offers $3 billion worth of Novartis shares Read More »
(Reuters) – Britain’s Thames Water has asked KKR and Castle Water to provide more detail on bids for stakes in the struggling water utility, Bloomberg News reported on Tuesday, citing people familiar with the matter. The country’s biggest water supplier, which has 18 billion pounds ($22.8 billion) of debt, has received non-binding offers from U.S. …
UK’s Thames Water asks KKR and Castle Water for bid details, Bloomberg reports Read More »
By Yadarisa Shabong and Josephine Mason (Reuters) – Unilever surprised investors on Tuesday by ousting chief executive Hein Schumacher and replacing him with finance chief Fernando Fernandez, who will focus on speeding up the execution of the consumer group’s turnaround strategy. Unilever’s board, which includes billionaire activist investor Nelson Peltz, was unified in its decision …
Unilever ditches CEO Schumacher in surprise move Read More »
(Reuters) – French digital payments company Worldline has appointed Pierre-Antoine Vacheron as CEO, it said on Tuesday. The appointment will be effective from March 1, the group said. The group’s former deputy CEO Marc-Henri Desportes had taken the interim role after Gilles Grapinet resigned in September. (Reporting by Alessandro Parodi and Gianluca Lo Nostro; Editing …
Worldline appoints Pierre-Antoine Vacheron as CEO Read More »
(Reuters) – Computer chip equipment maker ASM International (ASMI) reported fourth-quarter orders below analyst expectations on Tuesday after weakness in automotive and industrial markets outweighed otherwise strong sales in its tools for AI chips. Orders, the most closely watched figure in its quarterly results, reached 731 million euros ($766.60 million) in the quarter, against a …
ASM International posts lower than expected fourth-quarter orders Read More »
By Virginia Furness ROME (Reuters) – Companies who use the genetic coding of the natural world to design products ranging from weight-loss drugs to cosmetics faced renewed calls on Tuesday to help pay to protect it as a dedicated fund was launched at a U.N. conference in Rome. Countries are taking part in the COP16 …
Companies urged to pay into new UN fund to help protect nature Read More »
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet unit Google’s refusal to let an Enel e-mobility app access its Android Auto platform can be considered an abuse of its market power, Europe’s top court said on Tuesday in a ruling that could force Big Tech to make it easier for rivals to operate on their platforms. …
Google loses fight on Android Auto access, bodes ill for Big Tech Read More »
By Stephen Nellis SAN JOSE, California (Reuters) – (This Feb. 24 story has been corrected to say that Intel is using 18A manufacturing technology to test the high NA tools, not using high NA machines to develop 18A manufacturing technology, in paragraph 9) Intel on Monday said that the first two cutting-edge lithography machines from …
Intel says new ASML machines are in production, with positive results Read More »
