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I tried 28 dips and spreads from Trader Joe's to see which would be the best for a Super Bowl party. As a regular connoisseur of Trader Joe's salsas and spreads, I decided to try some of the chain's most popular dips. AdvertisementThe pimento cheese dip basically was comfort food in a containerTrader Joe's pimento cheese dip was soft and flavorful. VERDICT: I may not be an expert on Southern dips, but Trader Joe's pimento cheese option tasted like a winner. So it was unsurprising that Trader Joe's upgraded version of this familiar favorite turned out to be one of the standout dips I tried.
Persons: Joe's, , Wilson, I'm, I'd, could've, Savanna, pico de gallo, Wilson I'm, jalapeño hummus, hummus, it's, Wilson It's, tzatziki, Wilson I've, Joe's tzatziki, Margherita, I've, pico, gallo, It's, Wilson Chunky, you've Organizations: Super Bowl, Service, Wilson, Joe's Locations: Buffalo, Savanna, Southern, dill, Joe's Buffalo, Monterey Jack, cayenne
AdvertisementParth Raval is a big fan of planning, especially at a company like PepsiCo. As chief growth officer for PepsiCo Foods North America, Raval has to balance the short term with the long term. Continuing to build out and accelerate agendas around longer-range planning across supply and demand, and using technology to help us be more granular. I think this was manifested in longer-range planning across supply and demand, as macroeconomic factors created an imbalance at times. It's actually something we're going to turn to in 2024 to do better, longer-range planning.
Persons: Raval, , he'd, there's, — we'd Organizations: PepsiCo Foods North America, Service, PepsiCo, PepsiCo Foods North, Quaker, Business Locations: Business, PepsiCo Foods North America, America
A waiter picks up the terrace of the Zurich bar at Placa de Catalunya in Barcelona, Spain April 4, 2023. A PMI for the services sector rose to 48.7 from October's 47.8. "The sombre outlook is reinforced by the fifth consecutive monthly shrinkage in new business. An index measuring new business - a gauge of demand - was below 50 for a fifth month although it did rise to 46.7 from 45.6. The composite future output index rose to 56.0 from 55.6.
Persons: Nacho, Cyrus de la Rubia, Jonathan Cable, Susan Fenton Organizations: Placa de, REUTERS, P Global, PMI, Hamburg Commercial Bank, Thomson Locations: Zurich, Barcelona, Spain, October's, Hamburg
Ex-Huawei handset maker Honor prepares IPO
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +1 min
People walk near a sign for Honor Magic Vs phone, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsSHENZHEN, China, Nov 22 (Reuters) - Handset maker Honor is preparing for an initial public offering, the company said on Wednesday, three years after it was sold by U.S. sanctions-hit Huawei Technologies. Honor was first in terms of handset shipments in China in the third quarter with 11.8 million units sold, and was the second biggest seller last year, research firm Canalys said. Huawei sold Honor to a consortium of more than 30 agents and dealers in November 2020 after the U.S restricted its access to technology essential to its handset business. Reporting by David Kirton Editing by Louise Heavens, Alexander Smith and Frances KerryOur Standards: The Thomson Reuters Trust Principles.
Persons: Magic, Nacho, Canalys, David Kirton, Louise Heavens, Alexander Smith, Frances Kerry Organizations: Congress, REUTERS, Rights, U.S, Huawei Technologies, Huawei, Counterpoint Research, Thomson Locations: Barcelona, Spain, Rights SHENZHEN, China, Europe, U.S, Washington
Citi announced plans to cut management layers from 13 to eight as part of its biggest overhaul in decades. Citigroup declined to comment on all the personnel moves, and none of the leaders named responded to requests for comment. The full reorganization could involve thousands of layoffs, according to a source familiar with the situation who was not authorized to speak publicly. Preparations for Monday's announcements were communicated verbally in meetings last week, according to another source familiar with the situation. Final announcements related to the overhaul will be made early next year, Fraser said in a memo to employees.
Persons: Jane Fraser, Eduardo Martinez Campos, Andy Sieg, Andrew Kelly, Valentin Valderrabano, Patricia Dorosz, Nacho Gutiérrez, Carmen Haddad, Fahad Aldeweesh, Haddad, Jose Miguel Salvador Nasur, Peter Babej, Ernesto Torres Cantú, Brad Wayman, Chris McCullough, Wayman, Patrick Gallagher, Lucy Baldwin, Sandeep Arora, Fraser, Mark Mason, Tatiana Bautzer, Lananh Nguyen, Andres Gonzalez, Saeed Azhar, Bayliss, Echo Wang, Isla Binnie, Nick Zieminski, Stephen Coates, Marguerita Choy Organizations: Citigroup, Citi, Citi Wealth Services, Citibank, New York Stock Exchange, REUTERS, Svea Herbst, Thomson Locations: Manhattan , New York City, U.S, Europe, Saudi Arabia, Chile, New York, London, Svea
Police work at the site where Alejo Vidal-Quadras, former head of Spain's People's Party in the Catalonia region, was shot in the face, in Madrid, Spain, November 9, 2023. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsMADRID, Nov 21 (Reuters) - Spanish police on Tuesday detained a man linked to a murder attempt on the former head of Spain's conservative People's Party in Catalonia on Nov. 9, news website El Confidencial reported. The man, a Spanish national, was under police surveillance for several days before his arrest, El Confidencial reported, citing sources close to the investigation. The 78-year-old conservative politician survived the attack as the bullet passed through his jaw but he is reportedly still in hospital. Vidal-Quadras is former head of the centre-right People's Party (PP) in Catalonia and a founder of Spain's far-right Vox party.
Persons: Alejo Vidal, Quadras, Nacho, El Confidencial, Vidal Organizations: Spain's People's Party, REUTERS, Rights, Spanish, People's Party, Police, Vox, National Council of Resistance, Inti Landauro, Thomson Locations: Catalonia, Madrid, Spain, Rights MADRID, Spanish, Salamanca, Iran
Xiaomi Q3 net income jumps on cost savings, revenue rises
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +2 min
People check new products of Xiaomi ahead of the 2023 Mobile World Congress in Barcelona, Spain February 26, 2023. The company's sales for the period totalled 70.9 billion yuan ($9.83 billion), beating an average estimate of 70.2 billion yuan from 13 analysts polled by LSEG. Net income jumped by 183% from a year earlier to 6 billion yuan thanks to lower component costs and efficiencies across the business, compared to a consensus estimate of 4.6 billion yuan. Xiaomi, China's fifth-largest smartphone brand, shipped 9.1 million devices in China during the latest quarter, according to industry research firm Canalys. Though that was little changed from a year earlier, Xiaomi outperformed peers, with overall industry sales dropping 5% year on year, according to Canalys.
Persons: Nacho, Lu Weibing, Xiaomi, Xiaomi's Lu, Yelin, Brenda Goh, Jacqueline Wong, David Goodman, Jan Harvey Organizations: REUTERS, Rights, Xiaomi Corp, HK, LSEG, BAIC, Thomson Locations: Barcelona, Spain, Rights BEIJING, China, Beijing, Yelin Mo, Shanghai
REUTERS/Stefan Wermuth/File Photo Acquire Licensing RightsLONDON, Nov 20 (Reuters) - Nacho Gutiérrez-Orrantia, one of Citi's (C.N) 's most senior bankers in Europe, will become the bank's head of banking in Europe as part of its planned restructuring, people familiar with the situation said. In his new role of head of the Europe cluster, the Spanish banker will look after Citi´s businesses in the region. Prior to the restructuring, Europe was part of its EMEA business unit, the second-largest region on a revenue basis, according to Citi's 2022 annual report. Gutiérrez-Orrantia was appointed in 2021 as its co-Head of Banking, Capital Markets and Advisory (BCMA) for Europe, Middle East and Africa (EMEA) and has spent 19 years at the bank. The US bank recently appointed former Deutsche Bank UK deputy CEO Tiina Lee as UK Citi Country Officer (CCO) and UK cluster and banking head.
Persons: Stefan Wermuth, Nacho Gutiérrez, Orrantia, Jens Welter, Jane Fraser, Ernesto Torres, Tiina Lee, Andres Gonzalez, Pablo Mayo Cerquerio, Anousha Sakoui, Louise Heavens Organizations: Citibank, City of, REUTERS, Reuters, Citi, EMEA, Banking, Capital Markets, Advisory, Bilbao, Credit Suisse, Deutsche Bank UK, Citi Country, Thomson Locations: City, City of London, Europe, Spanish, Middle East, Africa, EMEA, America, Asia South, Asia, Australia, Japan
The Cisco logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsNov 16 (Reuters) - Cisco (CSCO.O) tumbled more than 12% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business. Cisco blamed the weakness on a slowdown in orders in the first quarter, saying "customers are currently focused on installing and implementing products in their environments". "Now, they've exhausted their excess backlog and the business is stepping back down to lower revenue run rates," Jefferies analyst George Notter said in a note. Cisco trades at more than 13 times its 12-month forward earnings estimates, compared with the industry median of 10.98.
Persons: Nacho, Jefferies, George Notter, Notter, Morningstar, William Kerwin, Arsheeya, Pooja Desai Organizations: Cisco, Congress, REUTERS, Thomson Locations: Barcelona, Spain, Bengaluru
Cisco lowers annual forecasts on slowdown in new orders
  + stars: | 2023-11-15 | by ( Samrhitha A | ) www.reuters.com   time to read: +2 min
The Cisco logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. The company estimates one to two quarters of shipped product orders are still waiting to be implemented by customers. For the full year, Cisco expects revenue between $53.8 billion and $55.0 billion, and adjusted per-share earnings in the range of $3.87 to $3.93. The company had previously forecast annual revenue of $57.0 billion to $58.2 billion, and adjusted per-share earnings of $4.01 to $4.08. For the second quarter, Cisco expects revenue between $12.6 billion and $12.8 billion, missing analysts' estimates of $14.19 billion, according to LSEG data.
Persons: Nacho, Scott Herren, Samrhitha, Shounak Dasgupta Organizations: Cisco, Congress, REUTERS, Cisco Systems, Juniper Networks, Arista Networks, Revenue, Thomson Locations: Barcelona, Spain, Bengaluru
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsMEXICO CITY, Nov 15 (Reuters) - Starlink, the satellite internet service of billionaire Elon Musk, has secured a 1.56 billion peso ($89.80 million) contract to offer free internet in Mexico until the end of 2026, a Mexican government official said on Wednesday. Mexico has signed contracts for free internet with nine companies, including Starlink, Calderon added. Starlink is also set to provide infrastructure for Mexico's state energy firm through December 2026, according to documents seen by Reuters. The contract to work with Mexico's Comision Federal de Electricidad (CFE) is valued at between 887.5 million pesos and 1.8 billion pesos.
Persons: Elon Musk, Nacho, Musk's, Carlos Emiliano Calderon, Calderon, Raul Cortes Fernandez, Sharon Singleton Organizations: SpaceX, Mobile World Congress, REUTERS, MEXICO CITY, Starlink, Reuters, Mexico's Comision, Thomson Locations: Barcelona, Spain, MEXICO, Mexico
REUTERS/Nacho Doce/File Photo Acquire Licensing RightsLONDON, Nov 14 (Reuters) - Australian charging company Jolt, which has received backing from U.S. fund manager BlackRock (BLK.N), said on Tuesday it is rolling out on-street EV chargers in London as parts of plans to install 5,000 chargers in Britain over the next three to five years. Jolt is rolling out chargers in the London borough of Barnet and CEO Doug McNamee said the company was in talks to do the same in other boroughs. Barnet has received a 2.1 million pound ($2.6 million) government grant for EV charging infrastructure. Its chargers feature advertising, which pays for 7 kilowatt hours of free charging for consumers, or around 30 miles (48.3 km) of EV range. The company currently has around 100 chargers in service, but has a "global pipeline of around 7,500 chargers," McNamee said.
Persons: Nacho, Doug McNamee, McNamee, Jolt, We've, Nick Carey, Bernadette Baum Organizations: REUTERS, BlackRock, Barnet, EV, Canadian, Telus, Thomson Locations: Sao Paulo, Brazil, U.S, London, Britain, Barnet, Australia, New Zealand, Canada, BlackRock
Madrid CNN —The former president of Spain’s Popular Party in Catalonia, Alejo Vidal-Quadras, was shot in the face in Madrid on Thursday afternoon, a spokesman for Spain’s Interior Ministry told CNN. “He has been taken conscious to the hospital, whilst National Police agents are investigating the facts”, the spokesman added. Vidal-Quadras is one of the founder members of the far-right party Vox, currently the third largest force in the lower house of Spanish parliament. “I would like to send my solidarity and wishes for a speedy recovery to Alejo Vidal-Quadras,” wrote Sanchez in a post on X. We hope the investigation can clarify the facts as soon as possible and those responsible will be arrested.”This is a developing story.
Persons: Alejo Vidal, Vidal, Quadras, Vox, Nacho Doce, Santiago Abascal, it’s, Pedro Sanchez, , , Sanchez Organizations: Madrid CNN, Spain’s Popular Party, Spain’s Interior Ministry, CNN, National Police, Police, Reuters Vox Party, Spanish Locations: Madrid, Catalonia
Former Catalan politician shot in face in Madrid
  + stars: | 2023-11-09 | by ( ) www.reuters.com   time to read: +1 min
[1/3] Police work at the site where Alejo Vidal-Quadras, former head of Spain's People's Party in the Catalonia region, was shot in the face, in Madrid, Spain, November 9, 2023. REUTERS/Nacho Doce Acquire Licensing RightsMADRID, Nov 9 (Reuters) - The former head of Spain's People's Party in the Catalonia region was shot in the face in Madrid on Thursday, police said. Alejo Vidal-Quadras was shot in the wealthy Salamanca area of central Madrid at about 1.30 p.m. and taken to hospital. Spanish police said they were hunting two men in connection with the shooting who were on a black Yamaha motorbike. Vidal-Quadras, 78, was the head of the centre-right PP in Catalonia and a member of the far-right Vox party.
Persons: Alejo Vidal, Quadras, Vidal, Pedro Sanchez, Graham Keeley, Angus MacSwan, Toby Chopra Organizations: Spain's People's Party, REUTERS, Rights, Yamaha, Vox, Police, Thomson Locations: Catalonia, Madrid, Spain, Rights MADRID, Salamanca, Quadras
People check new products of Xiaomi ahead of the 2023 Mobile World Congress in Barcelona, Spain February 26, 2023. Demand in the world's biggest smartphone market has long been in decline, with the COVID-19 pandemic and then a faltering economic recovery persuading customers to wait longer before upgrading their phones. IDC predicts the Chinese market is on track to achieve year-on-year sales growth in the fourth quarter after ten consecutive quarters of decline. U.S. chip designer Qualcomm also said last week that it is seeing strong demand from smartphone companies, especially in China. The Mi 14 series, priced between 3,999 yuan and 6,499 yuan ($550-$890), represents an attempt by Xiaomi to make deeper inroads into the premium smartphone market and compete with Apple (AAPL.O) and Huawei.
Persons: Nacho, Lei Jun, Will Wong, Qualcomm, Xiaomi, Yelin Mo, Brenda Goh, Edwina Gibbs Organizations: REUTERS, Rights, HK, Weibo, IDC, Huawei, Apple, Thomson Locations: Barcelona, Spain, Rights BEIJING, China, U.S
[1/2] Shipping containers move at the port of Barcelona, after stevedores' union has refused to load and unload any military material amid the war in Gaza and urged the protection of civilian populations in areas of conflict, in Barcelona, Spain, November 7, 2023. REUTERS/Nacho Doce Acquire Licensing RightsBARCELONA, Nov 7 (Reuters) - The Barcelona port stevedores' union has refused to load and unload any military material amid the war in Gaza and urged the protection of civilian populations in areas of conflict, following a similar move by Belgian transport unions last week. The decision on Monday is mostly symbolic and seeks to encourage other Spanish ports to follow suit, the secretary of the OEPB union, Josep Maria Deop, told Reuters on Tuesday. He said he was convinced there were military shipments from Barcelona because "it's a port that moves all types of goods". Israel has been targeting Hamas military operations in Gaza in the wake of the Oct. 7 attacks by Hamas Islamists on Israeli towns that left 1,400 people dead and 240 abducted.
Persons: stevedores, Josep Maria Deop, Deop, EFE, Joan Faus, Andrei Khalip, Bernadette Baum Organizations: Shipping, REUTERS, Rights, stevedores, Reuters, Western, Thomson Locations: Barcelona, Gaza, Spain, Rights BARCELONA, Belgian, Barcelona's, Israel, Libya, Western Sahara, Nicaragua
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. Sales for Starlink, in particular, are expected to outpace and exceed the launch business next year as the product becomes available in more regions around the world, according to the report. SpaceX is on track to register earnings, excluding some items, of more than $3 billion, Bloomberg News said. SpaceX did not immediately respond to a Reuters request for comment. Reporting by Chavi Mehta in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.
Persons: Elon Musk, Nacho, Chavi Mehta, Shounak Dasgupta Organizations: SpaceX, Mobile World Congress, REUTERS, Bloomberg, Starlink, Bloomberg News, Thomson Locations: Barcelona, Spain, Bengaluru
Starlink achieves cash-flow breakeven, says SpaceX CEO Musk
  + stars: | 2023-11-02 | by ( ) www.reuters.com   time to read: +2 min
SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsNov 2 (Reuters) - SpaceX CEO Elon Musk said on Thursday the rocket company's satellite internet unit, Starlink, had achieved cash flow breakeven. In 2021, Musk said SpaceX would spin off and take Starlink public once its cash flow was reasonably predictable. Starlink has been in the spotlight since last year as it helps provide Ukraine with satellite communications key to its war efforts against Russia. SpaceX is valued at about $150 billion and is one of the most valuable private companies in the world.
Persons: Elon Musk, Nacho, Musk, Starlink, Chavi Mehta, Joey Roulette, Shinjini Organizations: SpaceX, Mobile World Congress, REUTERS, Viasat, Russia, NASA, Wall Street, Thomson Locations: Barcelona, Spain, Ukraine, Gaza, Bengaluru, New York
MercadoLibre's third-quarter profit soars past expectations
  + stars: | 2023-11-01 | by ( ) www.reuters.com   time to read: +2 min
Stelleo Tolda, Chief Operating Officer (COO) of MercadoLibre (Online marketplace company) poses at the entrance of the company's headquarters in Sao Paulo, Brazil, July 10, 2017. The company posted a profit of $359.0 million for the July-September period, while analysts polled by LSEG expected $298.1 million. Total net revenue was around $3.8 billion in the quarter ended in September, up 39.8% year-on-year. Within the e-commerce operation, net revenue rose to $2.1 billion, up 45.2%. In its financial services arm, Mercado Pago, net revenue grew 33.2% to $1.6 billion, as the company increased the pace of lending, while its total volume of payments processed also jumped.
Persons: Stelleo Tolda, Nacho, LSEG, Andre Chaves, Chaves, Mercado, Andre Romani, Peter Frontini, Kylie Madry Organizations: REUTERS, SAO PAULO, Analysts, Mercado Pago, Thomson Locations: Sao Paulo, Brazil, Mexico, Argentina
Barcelona museum throws open its doors to nudist visitors
  + stars: | 2023-10-29 | by ( ) www.reuters.com   time to read: +1 min
The Museum of Archaeology of Catalonia held the 90-minute tour in collaboration with the Catalan Naturism Club. Visitors viewed the Bronzes of Riace exhibition of Luigi Spina's photographs depicting two large Greek bronze statues of naked warriors from the 5th century BC that were discovered in 1972 near Riace, Italy. "We wanted to make it a more colourful visit and not the typical guided tour," said guide Edgard, who also went clothes-free. "We wanted people who came to see it to feel exactly the same as the work they were looking at". Reporting by Nacho Doce; Writing by Jessica Jones; Editing by Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Luigi Spina’s, Luigi Spina's, Edgard, Marta, Nacho Doce, Jessica Jones, Hugh Lawson Organizations: Archaeology Museum, Catalonia, Archaeology, Catalan, . Visitors, Thomson Locations: Barcelona, Spain, BARCELONA, Catalonia, Riace, Italy
The logo of Sabadell bank is displayed in Barcelona, Spain, March 16, 2023. Its net interest income (NII), earnings on loans minus deposit costs, rose 29% year-on-year to 1.24 billion euros. Higher lending income also helped the bank lift its 2023 target for return-on-tangible equity ratio (ROTE), a measure of profitability, to around 11.5% from 10.5%. Sabadell finished the quarter with a ROTE of 11.59% after net profit rose 46% year-on-year to 464 million euros, beating the 383 million analysts expected. Sabadell also announced an interim dividend of 0.03 euros per share in cash, up 50% versus last year.
Persons: Nacho, JP Morgan, Jesús Aguado, Varun, Mark Potter Organizations: REUTERS, Sabadell, British, TSB, Barclays, Thomson Locations: Sabadell, Barcelona, Spain, MADRID
Taco Bell is testing Crispy Chicken Nuggets made with all white meat. Chain reps threw shade at rivals like McDonald's when describing the quality of the Taco Bell nuggets. Taco Bell is also going after McDonald's at breakfast with the nationwide debut of breakfast tacos. According to McDonald's website, "McDonald's Chicken McNuggets are made from 100% chicken breast meat. Taco Bell rolling out Toasted Breakfast Tacos nationwideTaco Bell says its new toasted breakfast tacos are part of a plan to step up the chain's breakfast game.
Persons: Taco, Bell, , Jessica Perri, Chef Brett Pluskalowski, didn't, Taco Bell, Nancy Luna, that's, Pluskalowski, Honey, Perri, There's, Jessica Wilson, Wilson, Taco Bell Taco Bell, Mark King, King Organizations: Taco Bell, Bell, Service, Taco, Minneapolis . Locations: Irvine , California, Minneapolis
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Business: All the best deals for Amazon's October Prime Day sales. 3 things in businessAmazonAll the best October Prime Day deals. Amazon Prime Big Deals Days (also known as the October Prime Day) kicks off today.
Persons: , you've, Yasser Qudih, Tom, Khan Yunis, Said Khatib, Janet Yellen, Chip Somodevilla, Yellen, Ray Dalio, David Risher, Kendall Jenner, Naomi Osaka, Charli D'Amelio, Tom Brady, Bob Iger, Nelson Peltz, Brady MacDonald, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Tech, Hamas, Getty, Bridgewater Associates, America, Technology, Meta, Disney, ESPN, ABC, National Hockey League, Vegas Golden Knights, Nashville Predators, Tampa Bay Lightning, Chicago Blackhawks, Pittsburgh Penguins, Amazon, PepsiCo, Sky, Delta Sky Club, LAX, LAX Sky Club, Hollywood Locations: Israel, Gaza, AFP, Dadu, Charli, Phoenix, Seattle, New York City, San Diego, London, New York
REUTERS/Nacho Doce/File photo Acquire Licensing RightsMADRID, Oct 9 (Reuters) - U.S.-based buyout fund Apollo Global Management is readying a bid with local fund JB Capital for the Spanish unit of telecom giant Vodafone (VOD.L), the Expansion newspaper reported on Monday citing unidentified sources with knowledge of the matter. The news about a potential bid comes three weeks after British telecom investment company Zegona (ZEG.L) said it was in talks with Vodafone to buy the Spanish unit. Vodafone CEO Margherita Della Valle launched a strategic review of the Spanish unit earlier this year. Vodafone is one of the three largest telecom operators in Spain together with Telefonica (TEF.MC) and the local unit of France's Orange (ORAN.PA). Apollo and JB Capital did not immediately respond to requests for comment.
Persons: Nacho, Margherita Della Valle, Inti Landauro, Jason Neely Organizations: Vodafone, Congress, REUTERS, Rights, Apollo Global Management, JB Capital, Spanish, Telefonica, Thomson Locations: Barcelona, Spain, Rights MADRID
As a manager, one of his executive chefs says, Grolet gives his staff enough latitude to develop their skills and be creative. Sometimes, the chef admits, he will kill an idea only to circle back to it later. “The French have a saying,” he says. “ ‘Only stupid people don’t change their mind.’”
Persons: Grolet, , ,
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