[ad_1] PARIS (Reuters) – French media conglomerate Vivendi (VIV.PA) said on Thursday it planned to list its most-prized asset, Universal Music Group, by early 2023 at the latest, following a year of record profit for
Oil prices climb on prospects for deeper OPEC+ output cuts
[ad_1] NEW YORK (Reuters) – Oil prices edged higher on Thursday, as investors hoped the world’s biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus
Nestle boss Schneider eyes more deals to bolster growth ambitions
[ad_1] VEVEY, Switzerland (Reuters) – Nestle Chief Executive Mark Schneider will fine-tune his transformation plans with more acquisitions, he said after the Swiss food group lowered growth expectations on Thursday. The company had earlier said
Economists eye silver lining in India’s rising rural inflation numbers
[ad_1] MUMBAI (Reuters) – India’s rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs – a
Alibaba warns of drop in e-commerce revenues due to coronavirus
[ad_1] (Reuters) – Alibaba Group Holding Ltd warned of a drop in revenues at its key e-commerce businesses this quarter as the coronavirus sweeping China hits supply chains and deliveries. A logo of Alibaba Group
Futures slide as new coronavirus cases surge
[ad_1] (Reuters) – U.S. stock index futures slipped on Thursday, a day after Wall Street closed at record levels, as a spike in the number of deaths and new cases related to the coronavirus outbreak
Alibaba beats estimates on record Singles’ Day sales
[ad_1] (Reuters) – China’s Alibaba Group Holding Ltd beat analysts’ estimates for quarterly results on Thursday, driven by record sales during its annual Singles’ Day shopping blitz and demand for its cloud computing business. A
Canada urges India to pursue consistent farm trade policies
[ad_1] MUMBAI (Reuters) – India should pursue consistent farm trade policies to help to avoid uncertainty among Canada’s farmers, big suppliers of pulses to New Delhi, a Canadian government minister said on Thursday. Protein-rich pulses
Airbus pledges profit gain after bribery settlement hit
[ad_1] TOULOUSE, France (Reuters) – Airbus pledged higher jet deliveries and operating profit this year, after an international bribery settlement and problems with the A400M transport plane plunged the aerospace group to a 1.36 billion
Coronavirus spells brutal Valentine’s Day for Shanghai dining spots
[ad_1] SHANGHAI (Reuters) – As Valentine’s Day nears on Friday, Shanghai restaurant owner Bill Hu finds himself unusually free. A bartender wearing a mask is seen at seul&SEUL restaurant in downtown Shanghai, China, as the