Business

Sainsbury’s boss looks to UK budget to lift spending gloom

Sainsbury’s boss looks to UK budget to lift spending gloom

By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living..

SoftBank to invest $500 million in OpenAI, The Information reports

SoftBank to invest $500 million in OpenAI, The Information reports

  (Reuters) – Japanese telecom company SoftBank’s Vision Fund will ..

Big banks add October cut to ECB forecasts

Big banks add October cut to ECB forecasts

  LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now..

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say

  (Reuters) – TikTok’s Chinese parent ByteDance plans to develop an..

UK business confidence falls from eight-year high, Lloyds says

UK business confidence falls from eight-year high, Lloyds says

  By David Milliken LONDON (Reuters) – British business confidence ebbed ..

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle

  By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale ..

Discounter Pepco’s sales hurt by supply chain disruption

Discounter Pepco’s sales hurt by supply chain disruption

  By James Davey LONDON (Reuters) -European discount retailer Pepco Group said ..

Miniso shares slump on plans to buy stake in Yonghui Superstores

Miniso shares slump on plans to buy stake in Yonghui Superstores

  HONG KONG (Reuters) -Shares of Miniso Group Holding plunged as much as 39.2% ..

Nike veteran Hill to replace Donahoe as CEO; shares jump

Nike veteran Hill to replace Donahoe as CEO; shares jump

By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former ..

Nike’s next CEO Hill brings a bootstraps mentality

Nike’s next CEO Hill brings a bootstraps mentality

By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern i..