September 20, 2018

Nestle aims to shed skin unit to focus on food, nutrition

Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and fends off criticism […]
September 20, 2018

Under Armour to cut 3 percent of workforce

Sportswear maker Under Armour Inc said on Thursday it would cut about 3 percent of its global workforce as part of a restructuring plan. Powered by […]
September 20, 2018

Aston Martin speeds ahead with up to $6.7 billion October IPO

Luxury British carmaker Aston Martin is seeking a valuation of up to 5.07 billion pounds ($6.7 billion) from its stock market flotation and has taken steps […]
September 20, 2018

Facebook and Twitter must comply with EU consumer rules or face sanctions

Facebook and Twitter face sanctions unless they comply with European consumer rules by the end of the year, the EU said as its regulators continue to […]
September 20, 2018

LVMH watches head Biver to drop operations role

Jean-Claude Biver is dropping his operational responsibilities as the head of LVMH’s watch division, he told Reuters over the phone on Thursday, confirming media reports. Powered […]
September 20, 2018

Lime’s next stop in scooter global expansion: Florida and Austria

Scooter- and bike-rental startup Lime is expanding to dozens more cities this year, its CEO said, leveraging the hundreds of millions of dollars in funding it […]
September 20, 2018

World stocks rise as trade relief bounce continues

A bounce in world stocks in relief that the fresh U.S. and Chinese tariffs on reciprocal imports were less harsh than feared continued on Thursday, although […]
September 20, 2018

Japan clothing magnate Maezawa chases spot in business firmament

Japanese fashion billionaire Yusaku Maezawa’s first meeting with role model and SoftBank Group Corp boss Masayoshi Son came in 2010 when they bathed together – a […]
September 20, 2018

China urges U.S. to show sincerity, correct behavior in trade actions

China hopes the United States will show sincerity and take steps to correct its behavior, its commerce ministry said on Thursday, after both countries slapped new […]
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