ZURICH – Logitech International is seeing the impact of the global semiconductor chip shortage moderating, Chief Executive Bracken Darrell said on Tuesday, saying he expects problems to be overcome by…
(Reuters) – Weber Inc on Monday replaced top boss Chris Scherzinger with an insider and warned that mounting inflationary and supply chain pressures could hit the grill maker’s financials and…
ZURICH – Voestalpine has built up sufficient gas reserves to safeguard three months of production should there be an emergency hit to supplies, the Austrian steelmaker’s chief executive said in…
By Tim Hepher FARNBOROUGH, England – Europe’s Airbus, locked in a dispute with Dassault Aviation over the next stage of a Franco-German-Spanish fighter project, is thinking about other options but…
FARNBOROUGH, England – Rolls-Royce on Wednesday said its chief executive had not speculated that Raytheon Technologies might spin off rival engine maker Pratt & Whitney (P&W), rejecting a report published…
MELBOURNE – There are no signs of a recession in the United States right now, the head of major explosives producer Incitec Pivot said at an event in Melbourne on…
By Stephen Nellis and Jane Lanhee Lee (Reuters) – A planned semiconductor factory in upstate New York will likely be delayed if a bill to bolster the U.S. computer chip…
After Dunkin Donuts, Starbucks is the second most popular coffee chain operating in New Jersey, but this week, the company’s CEO warned of more closures in crime-infected areas of the…
FARNBOROUGH, England – The chief executive of EasyJet said the low-cost airline had stabilised it flight operations after cutting its summer schedule last month, but melting runways and air traffic…
By Aluisio Alves SAO PAULO – Simpar, a holding firm for Brazilian logistics companies Movida, JSL and Vamos, is preparing to expand into the United States and European markets in…
BERLIN – Volkswagen-owned Porsche will be able to go into more detail in coming weeks on what its agreement with Volkswagen for the structure of a partial listing will look…
By Tatiana Bautzer SAO PAULO – Nubank, Latin America’s largest fintech, is growing faster than expected in Mexico, Chief Executive David Velez said in an interview. “We thought it would…
(Reuters) – Rogers Communications Inc has pledged to make the investments needed to avoid massive outages of the kind that crippled customer communications across Canada last week. The Canadian telecom…
(Reuters) – The abrupt exit of Gap Inc’s chief executive on the back of falling sales and shrinking margins will likely push the struggling apparel retailer to sell one or…
NEWARK, N.J. – A federal grand jury has indicted a Florida man for allegedly orchestrating a scheme over many years to traffic in counterfeit Cisco networking equipment with an estimated…
RALEIGH, N.C. – A Raleigh woman pleaded guilty today to Healthcare Fraud. According to the Criminal Information and evidence summarized in Court, Tanya Parrish Grant, 51, of Raleigh, pled guilty…
MILAN – UniCredit CEO Andrea Orcel has taken direct responsibility for running the Italian bank’s domestic business after the board decided to remove the country’s head Niccolo Ubertalli, an internal…
“For all the naysayers, our numbers and more importantly, our insureds, tell a different story,” says Eric S. Poe, Esq., CPA, CEO of CURE. “The reforms really are working and…
“For all the naysayers, our numbers and more importantly, our insureds, tell a different story,” says Eric S. Poe, Esq., CPA, CEO of CURE. “The reforms really are working and…
“I would like to thank the editorial board at ROI-NJ for this distinguished recognition,” said Stephanie Lokker, CEO of Lockerbie and Co. “At Lockerbie, we’re all about ensuring sustainability of…
By Katie Paul (Reuters) – Meta Platforms has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers,…
BERLIN – Inflation would spiral even further in Germany if it weren’t for business with China, Volkswagen Chief Executive Herbert Diess said in a media interview published on Thursday. “Germany…
By Svea Herbst-Bayliss BOSTON – Aerojet Rocketdyne shareholders are poised to elect a group of directors headed by the company’s chief executive in a bitterly fought election where the company’s…
SAO PAULO – The chief executive of Brazil’s state lender Caixa Economica Federal, Pedro Guimaraes, is being investigated by the federal prosecutor’s office for sexual harassment, local news website Metropoles…
BERLIN – Volkswagen sees a strong second half of 2022 and expects progress in catching up with rival Tesla as easing chip shortages start to offset supply chain bottlenecks and…