(RTTNews) - Genworth Financial, Inc. (GNW), a financial service provider, said that its Chief Executive Officer, Tom McInerney, will take a temporary leave of absence from his role to focus on his health.
(RTTNews) - Genworth Financial, Inc. (GNW), a financial service provider, said that its Chief Executive Officer, Tom McInerney, will take a temporary leave of absence from his role to focus on his health.
(RTTNews) - French luxury goods group Kering SA (PPRUF.PK, PPRUY.PK, KER.PA) announced that its Italian fashion house Gucci has entered into a 50 -year exclusive beauty license agrrement with French Cosmetics and beauty products giant L'Oreal Co. (LRLCY.PK, OR.PA).
(RTTNews) - French luxury goods group Kering SA (PPRUF.PK, PPRUY.PK, KER.PA) announced that its Italian fashion house Gucci has entered into a 50 -year exclusive beauty license agrrement with French Cosmetics and beauty products giant L'Oreal Co. (LRLCY.PK, OR.PA).
CrailsheimStudio/iStock via Getty Images Netflix ( NFLX ), Disney ( DIS ) and Alphabet’s YouTube ( GOOG ) ( GOOGL ) are all interested in challenging Fox for the U.S. broadcast rights to the 2030 and 2034 World Cup, CNBC reported, citing people familiar with the matter. Amazon ( AMZN ) , which currently owns UEFA Champions League rights in the U.K., and Apple ( AAPL ), which owns global MLS rights...
CrailsheimStudio/iStock via Getty Images Netflix ( NFLX ), Disney ( DIS ) and Alphabet’s YouTube ( GOOG ) ( GOOGL ) are all interested in challenging Fox for the U.S. broadcast rights to the 2030 and 2034 World Cup, CNBC reported, citing people familiar with the matter. Amazon ( AMZN ) , which currently owns UEFA Champions League rights in the U.K., and Apple ( AAPL ), which owns global MLS rights, could also enter the mix, further fueling a potential bidding war for the rights. Discussions between FIFA and potential media partners are expected to begin sometime in the next three months, the report said, citing sources. FIFA has alerted media companies during preliminary talks, which began earlier this year, that English- and Spanish-language U.S. rights are likely to be sold together, rather than separately as they have been for previous World Cups, including 2026, according to the people. Fox paid $485M for the English-language rights for this year’s tournament, hosted across North American cities, according to The Athletic . NBCUniversal’s Telemundo paid $600M for the Spanish-language rights, according to people familiar with the matter. Executives at various media companies are budgeting between $1.5B and $2B for the U.S. rights to each tournament across languages, said the people. The last time FIFA negotiated a deal, with Fox and Telemundo, was in 2011. Four years later, FIFA extended that deal through 2026. More on Netflix, Alphabet, etc. Netflix Q2 Preview: Live Programming Presents Opportunity, Shares A Hold Netflix: Don't Overlook The Structural Threat Of Microdramas Netflix: Forget Subscriber Growth, AI Is The New Investment Narrative SpaceXAI's Grok continues to lose market share; Meta AI climbs to fourth in US: analysis Netflix signs deal with digital publishers for homepage content
Hong Kong fertility clinics should be required to report serious incidents within 24 hours to both the regulator for in vitro fertilisation (IVF) and health authorities, lawmakers have said, following an embryo mix-up at a centre that went undisclosed for weeks. They urged the government on Wednesday to close the regulatory gap, a day after it emerged that HEAL Fertility in Central had mishandled ...
Hong Kong fertility clinics should be required to report serious incidents within 24 hours to both the regulator for in vitro fertilisation (IVF) and health authorities, lawmakers have said, following an embryo mix-up at a centre that went undisclosed for weeks. They urged the government on Wednesday to close the regulatory gap, a day after it emerged that HEAL Fertility in Central had mishandled embryo biopsy specimens from two patients and failed to promptly report the incident to health...
This week’s deadly storms in southern and central China were worsened by a convergence of factors, underscoring the growing frequency of weather extremes that the world’s second-largest economy must increasingly contend with. The latest round of heavy rains and strong winds have killed at least 17 people in the provinces of Hubei and Guangxi, according to state media , and forced thousands to evac...
This week’s deadly storms in southern and central China were worsened by a convergence of factors, underscoring the growing frequency of weather extremes that the world’s second-largest economy must increasingly contend with. The latest round of heavy rains and strong winds have killed at least 17 people in the provinces of Hubei and Guangxi, according to state media , and forced thousands to evacuate. Commodities suppliers are also reeling from the impact. Jasmine plantations in Guangxi, a key producer of the flower used widely in tea and coffee, have been flooded, according to media reports. Pig farms were reportedly inundated , potentially putting upward pressure on pork prices. Timber processing factories in the province, a hub for making wooden boards and panels, have suspended production and shipments, according to one account . The torrential downpours — turbocharged by the remnants of a tropical storm interacting with the moist southwest monsoon and cold, dry air from the north — are all the more remarkable given the general dryness seen across the country. Though swathes of Guangxi were drenched by rainfall over 200% in excess of normal in the 10 days to Tuesday, according to China’s National Climate Centre, the province has actually been drier than normal since June 1, when flood season started. Much of China, other than parts of Xinjiang and Tibet, has also seen significantly less rain than usual, data show. That contrast between broadly dry conditions punctuated by intense bursts of extreme rainfall only complicates the challenge of building adequate infrastructure and warning systems that can withstand the weather’s wild volatility. China is racing to stay one step ahead of those risks. Last month, the weather agency published a five-year plan for dealing with meteorological disasters. Among the key goals is to improve the monitoring of extreme weather, including shifts in the seasonal rain belt that threaten to cause floods in regions unaccustomed to t...
FuelCell Energy ( FCEL ) announced the pricing of an upsized underwritten public offering of 10.71M shares of its common stock at a public offering price of $21.00 per share. The gross proceeds to FuelCell Energy from the offering are expected to be $225M, before deducting underwriting discounts and commissions and other offering expenses payable by FuelCell Energy. FuelCell Energy ( FCEL ) shares...
FuelCell Energy ( FCEL ) announced the pricing of an upsized underwritten public offering of 10.71M shares of its common stock at a public offering price of $21.00 per share. The gross proceeds to FuelCell Energy from the offering are expected to be $225M, before deducting underwriting discounts and commissions and other offering expenses payable by FuelCell Energy. FuelCell Energy ( FCEL ) shares are poised for a volatile session following the company's pricing news and is down 16.6% in after-hours trade on Tuesday. The transaction was expanded from its initially targeted size of $200M. FuelCell Energy has also granted underwriters a 30-day option to purchase up to an additional 1.61M common shares at the public offering price. The offering is expected to close on or about July 9, 2026, subject to customary closing conditions. The clean energy company plans to deploy the net proceeds to fund capital expenditures for manufacturing capacity expansion to support future growth, alongside working capital and general corporate purposes. More on FuelCell Energy FuelCell Energy: AI Data Center Opportunity Still Questionable, But Improved Access To Capital FuelCell Energy: What Goes Up Must Always Come Back Down FuelCell Energy: Data-Center Power Makes The Risk Worth Taking FuelCell Energy plunges after launching public offering of $200M in shares FuelCell Energy raised to Buy at B. Riley as investment case boosted by data center deal
Key PointsSince 1990, every instance of the S&P 500 gaining at least 9% in the first half of the year has resulted in positive performance in the second half.
Key PointsSince 1990, every instance of the S&P 500 gaining at least 9% in the first half of the year has resulted in positive performance in the second half.
Spain's Banco Santander ( SAN ) has overhauled its Asia-Pacific corporate and investment banking business under new regional leadership, tightening employee oversight and cutting staff perks as it seeks to improve profitability and expand in faster-growing Asian markets, the Financial Times reported, citing people familiar with the matter. The bank removed its Beijing branch manager and is focusin...
Spain's Banco Santander ( SAN ) has overhauled its Asia-Pacific corporate and investment banking business under new regional leadership, tightening employee oversight and cutting staff perks as it seeks to improve profitability and expand in faster-growing Asian markets, the Financial Times reported, citing people familiar with the matter. The bank removed its Beijing branch manager and is focusing growth on Southeast Asia, Japan, and South Korea, while maintaining its operations in Hong Kong and mainland China. The restructuring has been led by Alberto Rivero, who became Santander's head of Asia Pacific in January. Senior executives have stepped up cost-cutting efforts in recent months, including eliminating employee perks. Bankers in the region are now required to submit weekly reports on their work and client meetings, while business travel requests face greater scrutiny, the people said. Santander's ( SAN ) Asia-Pacific CIB business generated about €220M in revenue in 2025 and employed around 460 people across Hong Kong, Singapore, mainland China, and Australia at the end of the year, the report added . More on Banco Santander Banco Santander: Efficiency Tailwinds To Sustain Growth Banco Santander: Limited Value And Income Appeal Ahead Banco Santander, S.A. 2026 Q1 - Results - Earnings Call Presentation Santander considers hedging buy now, pay later loans - report Banco Santander Q1 results lifted by disposal gain
The working-class lad who became a millionaire proposes a new annual tax. Plus: it’s 25 years of The Office. Here’s what to watch this evening 9pm, Channel 4 Continue reading...
The working-class lad who became a millionaire proposes a new annual tax. Plus: it’s 25 years of The Office. Here’s what to watch this evening 9pm, Channel 4 Continue reading...