Unilever names former Heinz exec Schumacher as CEO

To turn into CEO July 1 Activist shareholder says met Schumacher when at Heinz First outsider CEO since Paul Polman appointed in 2008 Unilever shares outpace FTSE 100 LONDON, Jan 30 (Reuters) – Unilever on Monday appointed Hein Schumacher to interchange Alan Jope as chief government from July in a transfer that was welcomed by … Read more

Wall Road totters after blended earnings, commerce halt glitch

SEC investigating NYSE opening bell glitch 3M slides on downbeat Q1 forecast J&J falls on gross sales warning; GE down on weak revenue view Microsoft to report quarterly earnings after market shut Indexes: Dow up 0.18%, S&P 500 off 0.13%, Nasdaq down 0.25% NEW YORK, Jan 24 (Reuters) – Wall Road was blended on Tuesday … Read more

Lab-grown meat strikes nearer to American dinner plates

WASHINGTON, Jan 23 (Reuters) – As soon as the stuff of science fiction, lab-grown meat may grow to be actuality in some eating places in the US as early as this yr. Executives at cultivated meat corporations are optimistic that meat grown in large metal vats may very well be on the menu inside months … Read more

Musk delivers first Tesla truck, however no replace on output, pricing

Tesla ships first Semi to PepsiCo 5 years after unveiling it No particulars on orders or capability for electrical truck Semi makes use of present Tesla motors, to characteristic new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Govt Elon Musk delivered the corporate’s first heavy-duty Semi on Thursday to PepsiCo (PEP.O) with out … Read more

Walmart worker kills six and himself in Virginia retailer capturing

CHESAPEAKE, Va., Nov 23 (Reuters) – A Walmart worker killed six folks and wounded a number of others earlier than fatally capturing himself at a retailer in Chesapeake, Virginia, authorities mentioned on Wednesday, within the newest episode of gun violence in america. The shooter, who has not been recognized, used a pistol within the capturing … Read more

No alcohol gross sales permitted at Qatar’s World Cup stadium websites

DOHA Nov 18 (Reuters) – Alcoholic beer won’t be offered at Qatar’s World Cup stadiums, world soccer governing physique FIFA mentioned on Friday, a final minute reversal which raised questions amongst some supporters concerning the host nation’s potential to ship on guarantees to followers. The announcement comes two days earlier than Sunday’s kickoff of the … Read more

Buffett’s Berkshire discloses $4.1 billion TSMC stake

Nov 14 (Reuters) – Berkshire Hathaway Inc (BRKa.N) stated it purchased greater than $4.1 billion of inventory in Taiwan Semiconductor Manufacturing (2330.TW), , a uncommon vital foray into the know-how sector by billionaire Warren Buffett’s conglomerate. The information despatched shares in TSMC up greater than 6% in Taiwan on Tuesday, because it boosted investor sentiment … Read more

Xi tells Scholz China and Germany should work together during ‘times of turmoil’

BEIJING, Nov 4 (Reuters) – Chinese President Xi Jinping touted the need for greater cooperation between China and Germany amid “times of change and turmoil” in his first meeting with German Chancellor Olaf Scholz, with talks expected to touch on Russia’s war on Ukraine, climate change and developing economic ties. Scholtz’s visit on Friday is … Read more