Workflow
Reuters
icon
Search documents
Universal offers to sell Downtown's Curve to win EU approval, source says
Reuters· 2025-12-16 16:53
Universal Music Group has offered to sell royalty services platform Curve in an attempt to address EU competition concerns over its $775 million bid for Downtown Music, a person with direct knowledge ... ...
Hyundai, Kia agree to retrofit 4 million US vehicles to address threat concerns
Reuters· 2025-12-16 16:38
Korean automakers Hyundai and Kia on Tuesday agreed to retrofit more than 4 million U.S. vehicles to address theft concerns and install prevention equipment on all new vehicles to resolve an investiga... ...
Ford's EV retreat highlights industry dilemma: Build for the US or the world?
Reuters· 2025-12-16 16:26
Ford CEO Jim Farley walked through Ford's Michigan design studio Monday afternoon, reflecting on how he was about to wipe out thousands of work hours on electric vehicles that he and his team had hoped would revolutionize the American auto industry. ...
Chevron to supply Hungary with 2 billion cubic metres of LNG, minister says
Reuters· 2025-12-16 16:21
Hungary's state-owned MVM group has signed a 5-year deal with U.S. energy company Chevron for the supply of 2 billion cubic metres of liquefied natural gas, the Hungarian foreign minister said on Tues... ...
Exclusive: Swiss firm Barry Callebaut eyes separating cocoa division amid price volatility, sources say
Reuters· 2025-12-16 15:51
Core Viewpoint - Barry Callebaut, the world's largest chocolate manufacturer, is considering separating its global cocoa unit from the rest of the company, indicating a potential strategic shift in its operations [1] Group 1: Company Strategy - The exploration of the separation of the cocoa unit suggests that Barry Callebaut is looking to streamline its operations or focus on its core chocolate business [1] - This move may reflect broader trends in the industry where companies are reassessing their business models to enhance efficiency and profitability [1] Group 2: Market Implications - The potential separation could impact the cocoa market dynamics, as Barry Callebaut is a significant player in the industry [1] - Investors may view this strategic consideration as a signal of the company's intent to optimize its resources and improve financial performance [1]
ReNew inks pact with Google to build 150 MW solar project in India
Reuters· 2025-12-16 15:33
India's ReNew Energy Global said on Tuesday it has signed a long-term deal with Alphabet's Google to develop a 150-megawatt solar project in the western Indian state of Rajasthan. ...
Petrobras strike affects platforms and refineries on second day, union says
Reuters· 2025-12-16 15:30
Core Insights - A strike at Petrobras, Brazil's state-run oil company, has entered its second day, impacting operations significantly [1] Company Impact - The strike is affecting 24 oil platforms and eight refineries, indicating a substantial disruption in production and refining capabilities [1]
AI boom seen lifting chipmaking equipment sales 9% to $126 billion in 2026
Reuters· 2025-12-16 15:29
Sales of equipment used to make computer chip wafers will rise about 9% to $126 billion in 2026 and a further 7.3% to $135 billion in 2027, as chipmakers expand capacity for logic and memory chips use... ...
Who is Kraft Heinz's new top boss?
Reuters· 2025-12-16 15:28
Kraft Heinz on Tuesday named former Kellogg top boss Steve Cahillane as CEO to help spearhead the packaged goods giant's planned split. ...
EMJ's Jackson pursues crypto treasury strategy with reverse merger
Reuters· 2025-12-16 15:21
Fund manager and activist investor Eric Jackson is set to head a crypto treasury firm following a reverse merger with pet wellness company SRx Health Solutions , sending the company's shares soaring i... ...