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Mercedes declined Lutnick's bid to move to US, CEO tells The Pioneer
FRANKFURT, Jan 28 (Reuters) - U.S. Secretary of Commerce Howard Lutnick tried to persuade Mercedes-Benz MBGn.DE boss Ola Kaellenius a year ago to move the German carmaker's headquarters to the United States, but the CEO turned down the offer, he told German news site The Pioneer.Kaellenius was q...
Reuters
Wed, Jan 28
Tennis-Djokovic through to Australian Open semi-finals after Musetti injury
MELBOURNE, Jan 28 (Reuters) - Novak Djokovic's quest for a record Grand Slam title continued in dramatic circumstances after fifth seed Lorenzo Musetti quit their Australian Open quarter-final match with an injury after taking a two-set lead at Melbourne Park on Wednesday.Musetti's retiremen...
Reuters
Wed, Jan 28
Al Moammar Information Systems Obtains Islamic Bank Facility Of SAR 1.81 Billion
Jan 28 (Reuters) - AL MOAMMAR INFORMATION SYSTEMS COMPANY SJSC 7200.SE:AL MOAMMAR INFORMATION SYSTEMS - OBTAINING A BANK FACILITY IN COMPLIANT WITH ISLAMIC SHARIA with Arab National BankAL MOAMMAR INFORMATION SYSTEMS - FINANCING AMOUNT SAR 1.81 BILLION
Reuters
Wed, Jan 28
Cricket-T20 World Cup 2026: dates, past winners and prize money
Jan 28 (Reuters) - Tournament co-hosts India will be out to defend their Twenty20 World Cup title in familiar home conditions next month.The following outlines the schedule, venues and prize money for the 20-team tournament in India and Sri Lanka, as well as a list of past winners of the tournament ...
Reuters
Wed, Jan 28
CORRECTED-Truckmaker Volvo Group's Q4 operating profit beats forecast
STOCKHOLM, Jan 28 (Reuters) - Volvo Group VOLVb.ST reported a smaller than expected decline in fourth-quarter operating profit on Wednesday and proposed a total dividend of 13 Swedish crowns per share, smaller than forecast.
Reuters
Wed, Jan 28
Tele2 AB's Q4 revenue rises on organic growth, announces dividend
OverviewNordic telecom operator's Q4 revenue rose 4% organically yr/yrQ4 underlying EBITDAaL grew 13% organically, driven by cost controlCompany proposes SEK 10.50 per share dividend, 118% of 2025 equity free cash flowOutlookTele2 expects low single-digit organic EUSR growth in 2026Company antic...
Reuters
Wed, Jan 28
ASML Q4 bookings beat expectations as chipmakers order more to satiate AI demand
Jan 28 (Reuters) - ASML ASML.AS reported stronger-than-expected bookings on Wednesday as the world's largest supplier of computer chip equipment received larger orders thanks to larger investments in artificial-intelligence chipmaking capacity.Fourth-quarter bookings, the most watched metric in ...
Reuters
Wed, Jan 28
C3.AI in talks to merge with software company Automation Anywhere, The Information reports
Jan 27 (Reuters) - Enterprise artificial intelligence software provider C3.AI AI.N is in talks to merge with software company Automation Anywhere, The Information reported on Tuesday, citing people familiar with the discussions. If the deal materializes, Automation Anywhere would buy C3.AI and go pu...
Reuters
Wed, Jan 28
PRESS DIGEST- New York Times business news - January 28
Jan 28 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- UPS UPS.N said it expected to cut as many as 30,000 jobs this year as part of a continuing effort to reduce costs and shore up pro...
Reuters
Wed, Jan 28
ANALYSIS-Volkswagen CEO Blume, free of Porsche role, under pressure to deliver on turnaround
Investors list China, software as top challengesVolkswagen turns to foreign partners to plug gapsPorsche crisis looms over Blume's legacyTop shareholder awaiting 'implementation' of strategyBy Rachel More BERLIN, Jan 28(Reuters) - Volkswagen VOWG_p.DE CEO Oliver Blume faces a defining...
Reuters
Wed, Jan 28
EXCLUSIVE-US conditions funding to global vaccine group on dropping mercury-based preservative from shots
US official says Gavi has so far refused to outline a plan for removing thimerosalGavi says decision would need approval from its board, committees and scientific consensusStudies have found no harm from thimerosal, a preservative used in multi-dose vialsUS Health Secretary has claimed thimerosal li...
Reuters
Wed, Jan 28
South Korean court gives ex-First Lady Kim jail term for accepting bribes
SEOUL, Jan 28 (Reuters) - A South Korean court on Wednesday sentenced former First Lady Kim Keon Hee to one year and eight months in jail after finding her guilty of accepting bribes.The court cleared Kim on charges of stock price manipulation and violating the political funds act.
Reuters
Wed, Jan 28
Thai parties tap nationalist mood as Cambodia clashes roil rural voters
Thailand to go to the polls on February 8Anger and anxiety among voters in Thai border areasRuling Bhumjaithai underscores support for the military Some parties recalibrate to avoid seeming unpatriotic -analystBy Panu Wongcha-um KANTHARALAK, Thailand, Jan 28 (Reuters) - Thai lawmaker Phumin Leeth...
Reuters
Wed, Jan 28
A year into Trump presidency, 'pivot to China' gathers pace
China strengthens ties with key partners amid U.S. tensionsBritish PM latest to seek new trade relationship with ChinaChina's exports to non-U.S. markets rise significantly in 2025Yuan usage rises as China pushes for global currency influenceCritics caution about China's economic coercion de...
Reuters
Wed, Jan 28
Japanese bonds rally as 40-year auction shows resilient demand before election
TOKYO, Jan 28 (Reuters) - Japanese government bonds (JGBs) rallied on Wednesday, as yields hovering near record highs attracted strong demand at an auction of super-long-term debt.The yield on the 40-year JGB JP40YTN=JBTC, which last week touched an all-time high of 4.205%, fell 3....
Reuters
Wed, Jan 28
UK's Starmer heads to China to repair ties as he navigates tensions with US
Starmer makes first visit to China by a British PM since 2018UK wants to improve trade and economic ties with ChinaVisit follows Trump threats over GreenlandBy Andrew MacAskill and Ethan Wang LONDON/BEIJING, Jan 27 (Reuters) - Prime Minister Keir Starmer will fly to China on Tuesday evening on th...
Reuters
Wed, Jan 28
SpaceX weighs June 2026 IPO at $1.5 trillion valuation, FT reports
Jan 28 (Reuters) - Elon Musk's SpaceX is weighing a mid-June 2026 initial public offering, aiming to raise as much as $50 billion at a valuation of roughly $1.5 trillion, the Financial Times reported, citing people familiar with the matter. Reuters could not immediately verify the report.
Reuters
Wed, Jan 28
Puma's long slide: the rise and fall of a German sports icon
Puma, Adidas stem from same German town but took different pathsPuma lost ground in recent years to new brand like On, HokaWeak distribution one of main problemsRetail sector hit by trade war fearsChina's Anta to become biggest shareholder at PumaBy Paolo Laudani and Helen Reid Jan 28 (Reuter...
Reuters
Wed, Jan 28
PRESS DIGEST- Financial Times - January 28
Jan 28 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK politicians call for competition review of Netflix bid for Warner Bros- Nomura-backed crypto group Laser Digital seeks US banking li...
Reuters
Wed, Jan 28
Deputy chief minister of India's Maharashtra dies in plane crash, TV channels say
NEW DELHI, Jan 28 (Reuters) - The deputy chief minister of India's western state of Maharashtra, Ajit Pawar, was killed on Wednesday as his charter aircraft went down in flames, television channels said.Video showed billows of smoke rising from some of the burning wreckage of the plane, scattere...
Reuters
Wed, Jan 28
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