PARIS (Reuters) – European industrial policy chief Thierry Breton is set to dismiss claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China’s Huawei. FILE PHOTO: A logo of the Continue Reading
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Exclusive: Impossible Foods abandons pursuit of McDonald’s burger deal
SAN FRANCISCO/NEW YORK (Reuters) – Impossible Foods is no longer trying to win a coveted deal to supply McDonald’s Corp (MCD.N) with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world’s No.1 fast-food chain. FILE PHOTO: A McDonald’s “PLT” burger with a Continue Reading
Exclusive: Hedge fund D.E. Shaw to push for break-up of Emerson – sources
FILE PHOTO: A worker assembles an industrial valve at Emerson Electric Co’s factory in Marshalltown, Iowa, U.S., July 26, 2018. REUTERS/Timothy Aeppel/File Photo (Reuters) – Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co (EMR.N) and is planning to push for changes, including a potential Continue Reading
Your exclusive MarTech agenda sneak peek
Over the past few weeks, senior-level marketers like you have told us the workplace challenges and pain points they’ve faced… and the creative and practical solutions they’ve devised to overcome them. Those journeys are the foundation of the newly redesigned MarTech® agenda. Marketing experts of all stripes will tackle some of Continue Reading
Exclusive: Elliott Management opposes airline Azul on Avianca Brasil bankruptcy plan
SAO PAULO (Reuters) – U.S. hedge fund Elliott Management is opposing a new plan by Brazilian airline Azul SA to purchase some of the routes operated by financially troubled rival Avianca Brasil for $145 million, according to a legal document seen by Reuters. FILE PHOTO: An Airbus A318-100 airplane of Continue Reading
Exclusive: U.S. may scale back Huawei trade restrictions to help existing customers
(Corrects title in 17th paragraph of this May 17 story to say “Chief Financial Officer” Meng Wanzhou, not “Chief Executive Officer”.) By Karen Freifeld (Reuters) – The U.S. Commerce Department said on Friday it may soon scale back restrictions on Huawei Technologies after this week’s blacklisting would have made it Continue Reading
Exclusive: Advent readies new $2.2 billion Latam private equity fund – sources
SAO PAULO (Reuters) – U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. The fund launched in coming days will be Advent’s seventh for Latin America and its largest Continue Reading