Reuters UK Business

MILAN (Reuters) – Gefran, an Italian company specialised in sensors, is looking to take over peers in Germany and North America that have revenues of 10-20 million euros ($11.04 million-$22.09 million), its Chief Executive Marcello Perini said. The company has “sufficient liquidity to go ahead with buying another company” and does not need to propose …

Sensor maker Gefran eyes M&A opportunities in Germany and North America, CEO says Read More »

By Mimosa Spencer PARIS (Reuters) -French luxury goods company LVMH named on Monday Sarah Burton, the longtime-Alexander McQueen designer behind the Princess of Wales’ 2011 wedding dress, as the new creative director for its Givenchy label. The choice of the seasoned British designer, who joins Givenchy after nearly three decades at rival Kering’s Alexander McQueen …

LVMH names UK designer Sarah Burton Givenchy creative director Read More »

(Reuters) – Boeing shares rose 3% in U.S. premarket trading on Monday after the planemaker reached a tentative deal with a union in the U.S. Pacific Northwest that could avoid a possible crippling strike later this week. If approved, the proposed four-year contract, which includes a general wage increase of 25% and a commitment to …

Boeing’s shares rise after tentative labor deal that could avert major strike Read More »

ATHENS (Reuters) -Greece will spend an additional 3.5 billion euros ($3.9 billion) next year on pension and wage hikes and on defence, Finance Minister Kostis Hatzidakis said on Monday. Hatzidakis was giving further details on a financial package that Greek Prime Minister Kyriakos Mitsotakis unveiled over the weekend that also includes a cut in social …

Greece to spend an additional 3.5 billion euros next year on wages, pensions Read More »

(Reuters) – Investor morale in the euro zone fell for a third consecutive month in September, a survey showed on Monday, dropping to its lowest level since January amid dissatisfaction over the state of the economy, particularly in Germany. The Sentix index for the euro zone fell to -15.4 points for August from -13.9 in …

Euro zone investor morale slips again in September amid economic weakness Read More »

(Reuters) – British gambling group Entain said on Monday online revenue growth was running ahead of its expectations so far in the second half of its financial year, helped by betting on popular sports events. Shares in the owner of Ladbrokes, Coral and Partypoker, which have fallen nearly 35% this year, were up 7% at …

Ladbrokes owner Entain’s second half kicks off better than expected Read More »