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LONDON (Reuters) -Top Adidas (OTC:) shareholder Groupe Bruxelles Lambert has cut its stake in the German sportswear company to 3.51%, Adidas announced in filings on Tuesday. GBL, the investment holding company for the billionaire Frère and Desmarais families, had announced on July 31 it had cut its stake to 5.1% from 7.6%. Adidas shares had […]
Chris Keane “would add a note of caution to Allan Mackay’s tomato diplomacy (C8). If my experience is anything to go by, his black Russian tomatoes will attempt to kill him twice a day, on average.” For those who think Chris is overdoing it, be advised that this particular missive was composed in an air […]
Chris Keane “would add a note of caution to Allan Mackay’s tomato diplomacy (C8). If my experience is anything to go by, his black Russian tomatoes will attempt to kill him twice a day, on average.” For those who think Chris is overdoing it, be advised that this particular missive was composed in an air […]
Intel is looking for an investor to acquire a stake in its Altera subsidiary, CNBC reported. The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion. Intel is facing challenges in its business at a time when the US is seeking to revitalize its chip industry. Thanks […]
Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel is looking to sell at least a minority stake in its […]
The future for wearables and cameras looks a bit brighter with eyeglass maker EssilorLuxottica taking a 5% stake in Japan optics giant Nikon, a company near and dear to many of our readers. Black framed eyeglasses on white table. Photo by Prateek Katyal For those who aren’t aware of EssilorLuxottica, they make up the vast […]