Inkhabar webdesk

Nestle to cut 16,000 jobs as new CEO ignites 'turnaround fire'

By Alexander Marrow AMSTERDAM (Reuters) -Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world's…

9 months ago

BMW says supplier network impacted by developments at chip maker Nexperia

BERLIN (Reuters) -Parts of BMW's supplier network are affected by developments at Chinese-owned computer chip maker Nexperia, a spokesperson for…

9 months ago

Armani exec Marsocci to become CEO of fashion house, source says

MILAN (Reuters) -Giorgio Armani's deputy managing director, Giuseppe Marsocci, is set to be appointed chief executive of the Italian fashion…

9 months ago

Little cheer for Pernod as US, Chinese quarterly sales slide

By Dominique Vidalon and Emma Rumney PARIS (Reuters) -French spirits maker Pernod Ricard endured steep declines in all but one…

9 months ago

J&J faces first UK lawsuits alleging its baby powder caused cancer

LONDON (Reuters) -Johnson & Johnson is facing the first lawsuits in Britain over allegations that its talc products cause cancer,…

9 months ago

Rare earths tensions rise as US and China trade barbs

BEIJING (Reuters) -Chinese state media on Thursday issued a seven-point rebuttal to U.S. calls for Beijing to wind back its…

9 months ago

German drone maker Quantum nears funding round that could triple valuation

BERLIN (Reuters) -German drone maker Quantum Systems is close to completing a 150 million euro ($175 million) funding round that…

9 months ago

Little cheer for Pernod as US, Chinese quarterly sales slide

By Dominique Vidalon and Emma Rumney PARIS (Reuters) -French spirits maker Pernod Ricard endured steep declines in all but one…

9 months ago

TSMC expects AI megatrend to strengthen, as profit blows past forecasts

TAIPEI (Reuters) -TSMC, the world's biggest producer of advanced AI chips, forecast fourth-quarter revenue up by as much as 24%…

9 months ago