Business

Kering nears $4 billion sale of beauty unit to L'Oreal, WSJ reports

Kering nears $4 billion sale of beauty unit to L'Oreal, WSJ reports

By Rajveer Pardesi and Lisa Jucca MILAN (Reuters) -French luxury group Kering, owner of fashion brand Gucci, is in advanced…

October 18, 2025

Kering nears $4 billion sale of beauty unit to L’Oreal, WSJ reports

(Reuters) -Kering is in advanced talks to sell its beauty division to L’Oreal for about $4 billion, the Wall Street…

October 18, 2025

Paramount Skydance to cut 2,000 US jobs starting week of October 27, Variety reports

(Reuters) -Paramount Skydance will begin mass layoffs the week of October 27, eliminating around 2,000 U.S. jobs as part of…

October 18, 2025

Global film industry shrugs off renewed Trump movie tariff threat

By Paul Sandle, Michael Kahn, Byron Kaye and Dawn Chmielewski LONDON/PRAGUE/SYDNEY/LOS ANGELES (Reuters) -"Star Wars: Starfighter" is filming in Britain,…

October 18, 2025

Desco Infratech Signs MoU for Hydrogen–Natural Gas Blending, Powering Self-Reliant India

Surat (Gujarat) [India], October 18: India’s clean energy drive just found a new ignition point. Desco Infratech Limited has joined…

October 18, 2025

Nvidia unveils first Blackwell chip wafer made with TSMC in US

(Reuters) -Nvidia uveiled on Friday the first U.S.-made Blackwell wafer, produced at TSMC's semiconductor manufacturing facility in Phoenix, as demand…

October 18, 2025

Wall Street ends higher as investors digest Trump trade comments

By Noel Randewich and Twesha Dikshit (Reuters) -Wall Street ended higher on Friday as investors assessed U.S. President Donald Trump's…

October 18, 2025

EV supply chain data firm Benchmark Mineral trims workforce, sources say

(Reuters) -Benchmark Mineral Intelligence, a UK-based pricing and data research firm for energy transition minerals, has cut at least a…

October 18, 2025

Banking shares' wobbles reveal growing unease over credit risks

By Alun John, Ankur Banerjee, Manya Saini, Nupur Anand and Saqib Iqbal Ahmed NEW YORK/LONDON/SINGAPORE (Reuters) -A clutch of bad…

October 18, 2025

Banking shares' wobbles reveal growing unease over credit risks

By Alun John, Ankur Banerjee, Manya Saini, Nupur Anand and Saqib Iqbal Ahmed NEW YORK/LONDON/SINGAPORE (Reuters) -A clutch of bad…

October 18, 2025