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Luminar Tech CEO Russell to acquire majority stake in Forbes
May 12 (Reuters) – Luminar Technologies (LAZR.O) CEO Austin Russell will buy a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, Russell and Integrated Whale Media Investments (IWM) said in a statement on Friday. The automotive tech billionaire has agreed to acquire 82% …
Pernod Ricard India CEO Cuny steps down due to health reasons
NEW DELHI, Oct 14 (Reuters) – Pernod Ricard’s (PERP.PA) India head, Thibault Cuny, has stepped down from his role due to health reasons, the French spirits giant said on Friday, marking a high-profile exit at a time the company is fighting regulatory and legal battles in the country. Cuny, who has been dealing with health …
Putin turns 70 with a prayer for his health
Kremlin leader faces deepening crisis in his war in Ukraine Allies pay tribute but criticism of military is mounting Patriarch prays for Putin’s health LONDON, Oct 7 (Reuters) – President Vladimir Putin turned 70 on Friday amid fawning congratulations from subordinates and a plea from Orthodox Patriarch Kirill for all to pray for the health …
India’s Torrent Pharma to acquire Sequoia-backed Curatio Health for $245 million
Register now for FREE unlimited access to Reuters.com Register BENGALURU, Sept 27 (Reuters) – Torrent Pharmaceuticals Ltd (TORP.NS) said on Tuesday it will buy dermatology company Curatio Health Care (I) Pvt Ltd for 20 billion Indian rupees ($245.22 million). Sequoia-backed Curatio has a portfolio of over 50 brands that are marketed in India. Torrent Pharma …
New lithium technology can help the world go green — if it works
April 7 (Reuters) – Rio Tinto, General Motors and even the U.S. Energy Department are investing heavily in a crop of newer technologies that could revolutionize the way lithium is produced for electric vehicle batteries. Now those technologies just have to prove they work on a commercial scale. If they do, miners will be able …
Russia’s Putin gets Chinese backing to stay in G20
Russian leader plans to be at next G20 summit in Indonesia U.S., allies mull barring Russia over invasion of Ukraine Move could face vetoes from others in G20, sources say China: Russia is ‘important member’ of big economies group JAKARTA, March 23 (Reuters) – Russian President Vladimir Putin plans to attend the next G20 summit …
Oil falls $5 on Russia-Ukraine talk hopes, China lockdowns
A customer fills-up his car with diesel at a gas station in Nice March 4, 2013. REUTERS/Eric Gaillard Register now for FREE unlimited access to Reuters.com Register Ukraine and Russia reported rare progress at peace talks China records more COVID cases this year than in whole of 2021 UK urges Saudi Arabia to raise oil …
Vietnam detects hybrid of Indian and UK COVID-19 variants
Medical workers in protective suits stand outside a quarantined building amid the coronavirus disease (COVID-19) outbreak in Hanoi, Vietnam, January 29, 2021. REUTERS/Thanh Hue Authorities in Vietnam have detected a new coronavirus variant that is a combination of the Indian and UK COVID-19 variants and spreads quickly by air, the health minister said on Saturday. …
TCS sees pandemic-driven boost in Europe as clients adopt new technologies
An employee of Tata Consultancy Services (TCS) works inside the company headquarters in Mumbai March 14, 2013. REUTERS/Danish Siddiqui/File Photo Indian software company Tata Consultancy Services Ltd (TCS.NS) (TCS) is seeing acceleration in some parts of its business across Europe as the pandemic pushed companies to adopt new technologies more rapidly, a top executive said. …
Not a god: Taiwan defends health minister amid uptick in COVID cases
Taiwan Health Minister Chen Shih-chung holds a news conference about Taiwan’s efforts to get into the World Health Organization in Taipei, Taiwan, May 15, 2020. REUTERS/Ann Wang Taiwan Premier Su Tseng-chang defended the island’s health minister on Tuesday amid a rare uptick in domestic COVID-19 infections, saying that even if he were a god reborn …