(Reuters) -Take-Two Interactive Software said on Thursday it expects to see sequential growth in its net bookings in fiscals 2026 and 2027, as the videogame publisher gears up for the launch of long-awaited “Grand Theft Auto VI” next year. Shares of the New York-based company rose 5% in extended trading. “Grand Theft Auto” is one …
Take-Two Interactive expects sequential bookings growth in next two fiscals Read More »
By Allison Lampert and David Shepardson WASHINGTON (Reuters) -Boeing’s new CEO Kelly Ortberg said on Thursday he would be based in the planemaker’s birthplace Seattle, moving closer to the factory floor to rein in a safety crisis. Ortberg’s confirmation of earlier reports that he would move to Puget Sound, Washington, rather than Boeing’s corporate headquarters …
Boeing’s new CEO moves to factory heartland to stem safety crisis Read More »
By Lawrence White LONDON (Reuters) -Barclays has become the latest bank to substantially raise a cap on bonuses for its top bankers, an internal memo seen by Reuters showed on Thursday. The lender’s senior bankers will now be able to earn payouts of up to 10 times their base salary, up from a two-to-one ratio …
(Reuters) -Euronav expects a rise global sea trade this year driven by the rerouting of Red Sea shipping though a change in the U.S. presidency and a slowdown in China’s economy are risk factors, the Belgian oil tanker company said on Thursday. Seaborne trade is on track to increase by 5.1% this year, with the …
Euronav flags US politics, China economy as risks to shipping momentum Read More »
(Reuters) -Swedish financial investor EQT said on Wednesday it will acquire a majority stake in Swiss cybersecurity and data protection company Acronis. The company said in a statement it will buy the stake through a private equity fund, by buying shares from other investors such as CVC, Springcoast Capital Partners and BlackRock. They will all …
Sweden’s EQT to acquire majority stake in Switzerland’s Acronis Read More »
By Pranav Kashyap (Reuters) -Europe’s benchmark stock index lost over 1% on Thursday, led by losses in the technology sector, and was set to wipe out all gains from the previous session, mirroring the gloomy sentiment seen in Asian markets. The pan-European STOXX 600 was down 1.1% by 0830 GMT, after rising 1.5% in the …
STOXX 600 falls 1% as tech stocks, gloomy Asia sentiment weigh Read More »
LONDON (Reuters) -Russian authorities have rejected Anheuser-Busch InBev and Anadolu Efes’ deal whereby the world’s top beer maker would sell its stake in their Russian joint venture to the Turkish brewer, the companies said on Thursday. AB InBev, the world’s biggest brewer by volume, said in April 2022 it would sell its interest in the …
AB InBev sale of Russian JV stake to Anadolu Efes rejected by authorities Read More »
By Ludwig Burger FRANKFURT (Reuters) -Siemens beat quarterly earnings forecasts on Thursday, helped by demand for electricity infrastructure and production software, but warned some customers were hesitant to invest amid uncertainty over borrowing costs. The technology group reported an 11% increase in adjusted operating profit to 3.0 billion euros ($3.3 billion) for April-June, its fiscal …
Siemens profit beats market view on software but outlook remains guarded Read More »
By Chandini Monnappa and Shanima A (Reuters) -Entain raised a key annual revenue forecast on Thursday, encouraged by punters cashing in on high-profile football events in Europe in the second quarter, which boost shares in the British gambling group by more than 11%. The owner of Ladbrokes, Coral and Partypoker said it now expected a …
Ladbrokes owner Entain lifts annual forecast after football events boost Q2 Read More »
By Paul Sandle LONDON (Reuters) – British meal delivery company Deliveroo said it had achieved the twin milestones of positive net profit and free cash flow in the first half as demand from customers stabilised, sending its shares up 9% on Thursday. Chief Executive Will Shu, who co-founded the business in 2013, said the performance …
Deliveroo reaches net profit and cash flow milestones Read More »
