Kering could pursue 'incremental M&A', says CFO

The Telegraph
Falkland Islands eyes economic boom in talks to exploit huge oil field
The Falkland Islands has opened the door to oil exploration in its waters for the first time in history, in a move that could trigger an economic boom for locals.
Bucks Free Press
Man becomes millionaire after teaming up with former Apprentice winner
A former DJ from near High Wycombe has become a multi-millionaire after teaming up with a former Apprentice winner.
Reuters
India human rights body says Reuters story on Foxconn hiring raises discrimination concerns
India's human rights watchdog said on Monday it had asked government officials to examine reported discrimination by Foxconn, after a Reuters investigation found the major Apple supplier has been rejecting married women from iPhone assembly jobs in the country. In a statement, the National Human Rights Commission (NHRC) said it had issued notices to the secretary of Prime Minister Narendra Modi's labour ministry and the chief secretary of the state government of Tamil Nadu, site of a major iPhone factory, calling for a detailed report within a week.
The Telegraph
Labour must slash their own lavish pensions if they really believe in public ‘service’
It now looks like a dead-cert that next month Rachel Reeves will become our new chancellor.
Reuters Videos
Spirit Aero to be broken up in $4.7 bln Boeing deal
STORY: Boeing said Monday it will buy its supplier Spirit Aerosystems for $4.7 billion.The U.S. planemaker moved after a crisis caused by a mid-air blowout on a 737 MAX jet led to questions over quality.Boeing rival Airbus has also agreed to take on the supplier's loss-making Europe-focused activities, in return for hundreds of millions of dollars of compensation.Boeing spun off Spirit in 2005, and has long considered a buyback.The decision to go ahead now comes as the aerospace giant tries to resolve a crisis at one of the industry's key suppliers.January's blowout incident involved a door plug made by Spirit, and contributed to a major slowdown in output at Boeing.The planemaker announced the planned departure of CEO Dave Calhoun in the wake of the crisis.Now the deal is due to close around midway through next year, and is seen as an effort to address its safety problems and shore up its production line.Airbus is also a Spirit customer, and didn't want arch-rival Boeing building parts for its latest jets. It has now confirmed it will take over core activities at four of the supplier's plants to avoid that.Sources said the move was loosely coordinated between the three companies. Airbus said it would receive $559 million in compensation from Spirit, depending on the final outlines of the deal.
Reuters
Anglo American shares slide on jitters over Australian coal mine fire
LONDON (Reuters) -Shares in Anglo American slid as much as 4% on Monday, with investors worried over what impact an ongoing underground blaze at a coal mine in Australia could have on the miner's plan to sell its coal portfolio, part of a broader bid to add value. Anglo has been battling a fire ignited at its Grosvenor steelmaking coal mine in Australia's Queensland state on Saturday. "The underground combustion event is ongoing; however, the QMRS (Queensland Mines Rescue Service) mobile extinguisher unit is now fully operational, and smoke has visibly reduced," it said in a statement on Monday.
The Telegraph
How British ‘snobbery’ left restaurants scrambling for staff
When Yotam Ottolenghi slashed the opening hours at some of his London restaurants last year, the celebrity chef blamed an inability to recruit enough staff.
Bloomberg
Saudi Aramco Awards $25 Billion in Contracts For Gas Expansion
(Bloomberg) -- Saudi Aramco has awarded construction contracts worth $25 billion for the development of its Jafurah gas project, as it looks to boost production of the fuel considered a key part of plans to reduce plant-warming emissions.Most Read from Bloomberg24-Hour Stock Trading Is Booming – and Wall Street Is RattledBlackRock Buys Preqin for $3.2 Billion in Private Data PushFrance’s Market Rally Falters as Investors See Enduring RiskJustice Department to Charge Boeing, Seeks Guilty Plea fro
CNN Business
‘I can’t get paid.’ Cyberattack affecting car dealerships brings chaos for sellers, buyers and workers
As the ongoing systems outage at software provider CDK Global stretches into its second week, car dealerships are racking up millions of dollars in losses, according to a new estimate.
Deadline
Netflix & Amazon Ordered Majority Of Originals From Outside U.S. Last Quarter, Ampere Research Finds
Netflix and Amazon “ordered the majority of their titles from outside the U.S.” last quarter and are shooting ahead of rivals in the global commissioning race, according to research from Ampere Analysis. Ampere predicted these platforms’ international spend will continue to rise after finding that they greenlit more than half (53%) of the world’s overall …
PA Media: UK News
Christian social worker refused job due to views says he will appeal judgment
An employment tribunal has produced a mixed ruling after Felix Ngole claimed he was discriminated against by a health charity.
Echo
Next opening newest store near Southend Airport within weeks - with 36 new jobs
A NEW Next store is preparing to open at the Southend Airport retail park in just a few weeks time, creating more than 30 new jobs
Reuters
EU regulators set to charge Meta over 'pay or consent', FT reports
Regulators are set to charge Facebook's parent with breaking digital rules by requiring users to pay a subscription or consent to ads, the Financial Times reported, citing sources.
Wiltshire Times
'Ultrafast broadband' could be provided to more people in South Wiltshire
Wessex Internet is opening a new base in Wiltshire.
Simply Wall St.
We Think Shareholders Will Probably Be Generous With Burckhardt Compression Holding AG's (VTX:BCHN) CEO Compensation
Key Insights Burckhardt Compression Holding's Annual General Meeting to take place on 7th of July Salary of CHF438.0k...
South China Morning Post
Huawei and Wuhan Xinxin to develop high-bandwidth memory chips amid US restrictions
Huawei Technologies has teamed up with Chinese foundry Wuhan Xinxin Semiconductor Manufacturing Co to develop high-bandwidth memory (HBM) chips, according to sources, as these devices have become an indispensable component in the computing infrastructure used for artificial intelligence (AI) projects. This initiative also involves mainland integrated circuit (IC) packaging firms Jiangsu Changjiang Electronics Tech and Tongfu Microelectronics, which are tasked to provide the so-called Chip on Waf
SmartAsset
How to Master the Last 5 Years Before Retirement
Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.
Reuters
South Korea factory activity sees fastest growth in 26 months on rising demand
The purchasing managers index (PMI) for manufacturers in Asia's fourth-largest economy, compiled by S&P Global, rose to 52.0 in June, from 51.6 in May, on a seasonally adjusted basis. "Another strong month of data provides further evidence that global industrial activity and trade are picking up," said Joe Hayes, principal economist at S&P Global Market Intelligence. "Viewed as a bellwether for exports due to its integration in supply chains for key intermediate goods like batteries and semiconductors, South Korean manufacturing output and orders often provide leading signals for trends more broadly."
Eastern Daily Press
Village shop boss on why she still loves her job after 50 years behind the till
A woman who has worked at Ludham Bridge Stores for 50 years says she "still loves it" as she talks about her collaboration with Bittern Books.
South China Morning Post
Business travel firm FCM bets on AI to boost efficiency as Chinese work trips rebound
FCM Travel Greater China, a business-travel management company, plans to invest in its artificial intelligence capabilities and give its staff the skills they need to get the most out of the technology as China's outbound travel market enjoys a resurgence. The drive to adopt and integrate AI into its operations began recently with the opening of the company's new "AI centre of excellence" in the southern Chinese city of Guangzhou. The city was the ideal destination thanks to its large pool of ta

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Kering could pursue 'incremental M&A', says CFO

Latest stories

Falkland Islands eyes economic boom in talks to exploit huge oil field

Man becomes millionaire after teaming up with former Apprentice winner

India human rights body says Reuters story on Foxconn hiring raises discrimination concerns

Labour must slash their own lavish pensions if they really believe in public ‘service’

Spirit Aero to be broken up in $4.7 bln Boeing deal

Anglo American shares slide on jitters over Australian coal mine fire

How British ‘snobbery’ left restaurants scrambling for staff

Saudi Aramco Awards $25 Billion in Contracts For Gas Expansion

‘I can’t get paid.’ Cyberattack affecting car dealerships brings chaos for sellers, buyers and workers

Netflix & Amazon Ordered Majority Of Originals From Outside U.S. Last Quarter, Ampere Research Finds

Christian social worker refused job due to views says he will appeal judgment

Next opening newest store near Southend Airport within weeks - with 36 new jobs

EU regulators set to charge Meta over 'pay or consent', FT reports

'Ultrafast broadband' could be provided to more people in South Wiltshire

We Think Shareholders Will Probably Be Generous With Burckhardt Compression Holding AG's (VTX:BCHN) CEO Compensation

Huawei and Wuhan Xinxin to develop high-bandwidth memory chips amid US restrictions

How to Master the Last 5 Years Before Retirement

South Korea factory activity sees fastest growth in 26 months on rising demand

Village shop boss on why she still loves her job after 50 years behind the till

Business travel firm FCM bets on AI to boost efficiency as Chinese work trips rebound