Courtbacked talks with creditors to last up to 5 months Casino, Les Mousquetaires extend scope of partnerships Casino shares down 3 as trading resumes PARIS, May 26 Reuters French retailer Casino on Friday said it was officially starting courtbacked negotiations with its creditors as the heavily indebted group seeks a way out of its financial woes […]

BENGALURU, May 26 Reuters Indian automaker Mahindra and Mahindra Ltd on Friday warned that chip shortages were still limiting its efforts to ramp up production of sports utility vehicles SUVs after reporting a 22 rise in quarterly profit. The maker of the Scorpio, Thar and XUV range of SUVs benefited from robust demand for larger and […]

Chip designer39;s stock hits alltime high Rally lifts stock markets from Japan to Europe Reuters Nvidia Corp surged 24 on Thursday in one of the largest oneday gains in value for a U.S. stock, after its stellar revenue forecast showed that Wall Street has yet to price in the gamechanging potential of AI. The surge more […]

LISBON, May 25 Reuters Brazilian aircraft manufacturer Embraer voiced full support for Pratt Whitney as it battles durability problems on recent jet engines, but blamed a separate tussle with engine makers for the suspension of a new turboprop plane project. Chief Executive Francisco Gomes Neto told reporters that Raytheon Technologies unit Pratt Whitney was working hard to […]