BERLIN, Aug 5 Reuters Continental39;s executive board is examining in detail the spinoff and subsequent listing of its automotive unit on the Frankfurt stock exchange, the German company said on Monday. The required steps for implementing a spinoff will be prepared in parallel, said the auto parts and tires maker. The contract manufacturing division would also […]

ZURICH, Aug 5 Reuters Logitech International cofounder Daniel Borel on Monday urged shareholders at the SwissAmerican company to find a new board chairperson this year to replace Wendy Becker, who recently announced she would not stand for reelection in 2025. Borel has repeatedly called for Becker39;s replacement, arguing it is in the best interests of the […]

Aug 5 Reuters Tyson Foods surpassed Wall Street expectations for thirdquarter revenue and profit on Monday as sales of meat products rebounded while lower grain prices reduced costs for animal feed. The company39;s sales fell in 2023, but it has been helped by some customers buying more at grocery stores as higher costs for dining out […]

BENGALURU, Aug 5 Reuters Engineering firm Honeywell Automation reported higher firstquarter profit on Monday, aided by execution of existing orders. The Indian unit of U.S.based Honeywell International reported a profit of 1.37 billion rupees around 16 million, compared to 1.03 billion rupees a year ago. Execution of legacy projects and stable costs helped boost earnings of Honeywell, […]