Adobe39;s Q4 revenue forecast misses analyst expectations AI investments face competition from startups such as Stability AI and Midjourney JP Morgan notes Adobe39;s healthy subscription signups despite weak forecast Sept 13 Reuters Shares of Adobe fell nearly 10 on Friday, after the Photoshop maker39;s disappointing quarterly earnings forecast sparked fears that returns from its push towards […]

BERLIN, Sept 16 Reuters A merger of UniCredit and Commerzbank could add value for all stakeholders and create a stronger bank, UniCredit CEO Andrea Orcel told a German newspaper on Monday, adding a decision was in the hands of Commerzbank stakeholders. Italy39;s secondlargest bank took a 9 stake in Commerzbank last week, catching German authorities off guard and getting […]

DSV to become world39;s biggest logistics company with Schenker acquisition Deal financed through equity raising and debt financing DSV to cut up to 1,900 Schenker jobs in Germany COPENHAGENBERLIN, Sept 13 Reuters Denmark39;s DSV has agreed to buy Schenker, the logistics arm of German state rail operator Deutsche Bahn, for 14.3 billion euros 15.85 billion in […]

Disney expected to dominate Emmys with 183 nominations Dana Walden39;s leadership credited for Disney39;s TV success Disney39;s acquisition of Fox pivotal in Emmy nominations LOS ANGELES, Sept 13 Reuters The Emmy Awards, the highest honors in television, had evolved into an annual battle for bragging rights between two prestigeTV powerhouses HBO and Netflix. This year, Walt […]

BEIJING, Sept 13 Reuters BYD, has significantly ramped up hiring, increasing its workforce to more than 900,000 people as of Friday, a senior manager said, making the Chinese electric vehicle giant one of the largest employers in the country. The move comes as the Chinese government has been prioritising a push to create more jobs, […]

About 30,000 workers in Seattle and Portland areas to strike Boeing already wrestling with output delays, high debt Strike poses a challenge for new CEO Kelly Ortberg Shares fall 2.8 in premarket trade SEATTLE, Sept 13 Reuters Boeing39;s U.S. West Coast factory workers walked off the job early on Friday after overwhelmingly rejecting a contract deal, […]

Northvolt39;s troubles trigger doubts about its ability to produce enough batteries for Europe Northvolt to buy cathode active materials from Asian suppliers, source says Delivery issues triggered BMW contract cancellation, sources says Northvolt39;s struggles raise questions about future gigafactories and joint ventures, industry analysts say STOCKHOLM, Sept 13 Reuters Northvolt39;s shock decision this week to […]

SEOUL, Sept 13 Reuters Airline Cathay Pacific has bought back all warrants issued to the Hong Kong government in 2020, another step in repaying the government for a pandemicrelated recapitalisation package, the company said on Friday. Cathay said the buyback was for HK1.53 billion 196.2 million. At the end of July, the carrier carried out a […]