Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump
By Akash Sriram (Reuters) -Lyft on Wednesday forecast current-quarter gross bookings above estimates after posting upbeat quarterly sa..
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Coty sees annual profit at low end of forecast as mass beauty demand slows
(Reuters) – Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for be..
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Italy opens procedure against Sinochem over Pirelli possible governance breach
MILAN (Reuters) – Pirelli said on Wednesday that Italy’s Prime Minister’s Office opened an administrative proced..
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Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units
(Reuters) – Safran has appointed Stephane Cueille as CEO of its Aircraft Engines unit, replacing Jean-Paul Alary effective in th..
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UK orders China-registered firm to sell stake in Scottish chip company
LONDON (Reuters) – The British government on Wednesday ordered China-registered Future Technology Devices International Hold..
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China wants talks on trade measures at COP29 climate summit, document shows
By Kate Abnett BRUSSELS (Reuters) – China has requested that countries hold talks at next week’s COP29 U.N. climate summit..
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Shein’s European entity reports 68% sales growth in 2023
By Helen Reid LONDON (Reuters) -Sales by Shein’s Ireland-registered entity Infinite Styles Ecommerce Co grew 68% in 2023, hittin..
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KPMG to lay off less than 4% of US audit workforce, source says
(Reuters) -KPMG will lay off less than 4%, or about 330 people, of its audit workforce in the United States, a source familiar with th..
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Ryanair H1 profit falls 18% on lower fares, but price weakness moderating
By Conor Humphries DUBLIN (Reuters) -Budget airline Ryanair said on Monday that average fares fell 10% in the six months ended Septemb..
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Swedish government commission recommends easing mortgage repayment rules
STOCKHOLM (Reuters) – Sweden should ease rules on mortgage borrowing and repayment which have made it harder for new buyers to g..
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