By Alden Bentley NEW YORK (Reuters) -Making sense of the forces driving global marketsBy Alden Bentley, Editor in Charge, Americas Finance and Markets Jamie is enjoying some well-deserved time-off, but the Reuters markets team will still keep you up to date on what markets were focused on today and why they took a …
By Jesús Aguado MADRID (Reuters) -Spain’s BBVA has failed to convince Sabadell shareholders to back its 16.32 billion euro ($19.07 billion) hostile takeover bid, ending an almost 18-month takeover battle that became one of the country’s most contentious deals in recent years. It is a blow for BBVA Chair Carlos Torres, the architect of the …
BBVA fails in $19 billion takeover battle for Sabadell Read More »
(Reuters) -Smiths Group said on Thursday it will sell its interconnect unit to U.S. electronic components maker Molex Electronic in a deal valued at 1.3 billion pounds ($1.75 billion), after facing investor pressure to break up the conglomerate. Under pressure from U.S. activist investor Engine Capital, Smiths Group said earlier this year that it would …
Britain’s Smiths Group to sell interconnect unit to Koch’s Molex in $1.75 billion deal Read More »
BOGOTA (Reuters) -Colombia received a bid from a subsidiary of Denmark’s Copenhagen Infrastructure Partners (CIP), to develop a project in the South American country’s first offshore wind energy round, the head of its hydrocarbons agency said on Thursday. Orlando Velandia, who heads Colombia’s National Hydrocarbons Agency (ANH), said CIP subsidiary CI GMF Cooperatief U.A. had …
Colombia gets offshore wind bid from Denmark’s CIP Read More »
BERLIN (Reuters) -Volkswagen is working to identify potential risks in its supply chain resulting from a trade and intellectual property row over the Chinese-owned computer chip maker Nexperia, a spokesperson for the German carmaker said on Thursday. The spokesperson said Nexperia was not a direct supplier of Volkswagen Group but that some of the company’s …
Volkswagen says it is working to identify risks in Nexperia row Read More »
By Robert Harvey and Julia Payne LONDON/BRUSSELS (Reuters) -The European Union has set a requirement for fuel importers into the bloc to prove their fuels are not made from Russian crude, according to a document published on Thursday. The document provides guidance on the EU’s upcoming ban on imports of fuels refined from Russian crude, …
Factbox-EU publishes rules for ban to close ‘back door’ for Russian oil Read More »
(Reuters) -Apple is preparing to launch a redesigned version of its MacBook Pro computer with a touch display for late 2026 or early 2027, Bloomberg News reported on Thursday, citing people with knowledge of the matter. The company did not immediately respond to a Reuters request for a comment. (Reporting by Juby Babu in Mexico …
Apple readies high-end MacBook Pro with touch, hole-punch screen, Bloomberg News reports Read More »
By Gianluca Lo Nostro (Reuters) -Ray-Ban maker EssilorLuxottica posted record third-quarter sales on Thursday and said it would accelerate production capacity for its booming smart glasses business. The eyewear giant, which is riding a wave of consumer appetite for AI-powered wearables, said revenue in the quarter through September rose 11.7% year-on-year to 6.9 billion euros …
EssilorLuxottica sales boosted by Meta AI glasses Read More »
By Arasu Kannagi Basil (Reuters) -Insurance technology firm Exzeo Group said on Thursday it was targeting a valuation of up to $2 billion in its U.S. initial public offering, becoming the latest company to proceed with its listing plans despite the ongoing government shutdown. The Tampa, Florida-based company is aiming to raise as much as …
Insurance tech firm Exzeo eyes $2 billion valuation in US IPO Read More »
(Reuters) -German automotive supplier Continental AG said in a preliminary estimate on Thursday that its third quarter sales totalled about 5 billion euros ($5.84 billion), narrowly beating a company complied consensus of 4.9 billion euros. The price/mix effect developed “very positively”, almost completely offsetting the negative effects of lower volumes, exchange rate effects and tariffs, the …
Auto parts maker Continental’s preliminary quarterly sales beat consensus Read More »
