Finance

Mars to invest €1bn in Europe as Kellanova deal remains unresolved

Mars to invest €1bn in Europe as Kellanova deal remains unresolved

American multinational confectionery firm Mars will invest €1 billion in Europe by the end of 2026, the sweetmaker announced on Thursday. The funding will go towards boosting manufacturing and inn...

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Brazil’s Natura enters agreement to sell Avon International

Brazil’s Natura enters agreement to sell Avon International

SAO PAULO (Reuters) -Brazilian cosmetic marker Natura has entered into a binding agreement to sell Avon International to an acquisition vehicle that is an affiliate of Regent, the company said in...

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Nvidia’s $5 billion bet on Intel

Nvidia’s $5 billion bet on Intel

(Reuters) –Nvidia said on Thursday it will invest $5 billion in Intel, throwing its heft behind the struggling U.S. chip foundry weeks after the White House engineered a deal for the U.S. go...

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Financial data firm FactSet profit forecast misses estimates amid cautious spending

Financial data firm FactSet profit forecast misses estimates amid cautious spending

(Reuters) -FactSet on Thursday forecast annual adjusted profit below Wall Street estimates amid ongoing macroeconomic uncertainty that has made investors and clients more cautious about discrenti...

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Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCs

Nvidia to invest $5 billion in Intel; companies will work together on AI infrastructure and PCs

NEW YORK (AP) — Nvidia, the world’s leading chipmaker, announced a new partnership on Thursday with struggling semiconductor company Intel. Nvidia and Intel will team up to work on custom d...

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