LONDON (Reuters) – Sage Group’s (SGE.L) sales to new customers in April were roughly half the level expected as it felt the effects of a sharp economic downturn caused by the coronavirus pandemic.
HERZOGENAURACH, Germany (Reuters) – Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, where it has doubled its business in the last three years to take market share from bigger rival Nike.
(Reuters) – The U.S. House Committee on Energy and Commerce on Wednesday launched an investigation…
(Reuters) – Uber Technologies Inc is in negotiations to buy online food delivery company Grubhub Inc in an all-stock deal, according to people familiar with the matter.
(Reuters) – Uber Technologies Inc is in advanced talks to buy online food delivery company GrubHub Inc in an all-stock deal, according to a person familiar with the matter.
(Reuters) – Logitech International (LOGN.S) reported a big jump in sales of computer products during its fourth quarter on Tuesday as more people worked from home and families turned to technology to keep in touch during the coronavirus crisis.
(Reuters) – Logitech International (LOGN.S) reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis.
(Reuters) – Pier 1 Imports Inc has tapped debt restructuring lawyers to navigate potential negotiations with lenders as it struggles with falling sales, people familiar with the matter said on Thursday, sending shares of the U.S. home furnishing retail chain sharply lower.
NEW YORK (Reuters) – The fall in Boeing shares has made the stock’s valuation less expensive but that may not make it an obvious buy for investors.
(Reuters) – Facebook Inc said on Thursday it had restored service to its main app and Instagram, after the world’s largest social network suffered a major outage that frustrated users across the globe for about 24 hours.
SAN FRANCISCO (Reuters) – Facebook Inc’s chief product officer and one of its earliest employees, Chris Cox, said on Thursday he is leaving the company just days after Chief Executive Mark Zuckerberg revealed a plan to transform the world’s biggest social network into an encryption-focused messaging company.