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"We understand Renault is able to ring fence its own technology within the alliance allowing the firm to collaborate also with other external partners beyond the Renault Nissan alliance. "Overall we welcome this step which will enhance the industrial collaboration within the alliance." JEFFERIES"A re-sized capital structure should help keep the Alliance viable, maintaining synergies and opening up strategic opportunities on both sides. Ultimately it means that a disorderly unwind of the alliance has been avoided which is a positive. "Over the short term, it's possible there may be selling (of Nissan shares) due to a worsening of supply and demand.
To ease the process, here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performances. Nonetheless, Monness, Crespi, Hardt, & Co. analyst Brian White expects the results to be in line with his expectations. (See Alphabet Blogger Opinions & Sentiment on TipRanks) White reiterated a buy rating on the stock with a price target of $135. Feinseth's convictions can be trusted, given his 185th position among nearly 8,300 analysts in the TipRanks database. This apart, his track of 63% profitable ratings, each rating delivering 12.1% average returns, is also worth considering.
[1/2] A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit TessierJan 25 (Reuters) - Former U.S. President Donald Trump's potential return to Meta Platform's (META.O) Facebook and Instagram is unlikely to change how advertisers spend money with the world's second-largest digital ad company, ad agency executives said. In a blog post on Wednesday announcing Trump's reinstatement, Meta said he will face "heightened penalties for repeat offenses." Trump's reinstatement, however, reinforces long-standing concerns about how social media platforms can ensure that ads don't appear next to content that marketers consider unsuitable, D'Altorio said. Ad spending on Twitter slumped in the last two months of 2022, according to Standard Media Index, which measures ad spending based on data from ad agencies.
The lawsuit tackles a business at Google that is responsible for 80 percent of its revenue. The Justice Department asked the court to compel Google to break up its ad technology business. Eight states joined the department in Tuesday's lawsuit, including Google's home state of California. The lawsuit says "Google has thwarted meaningful competition and deterred innovation in the digital advertising industry." In addition to its well-known search, which is free, Google makes revenue through its interlocking ad tech businesses, which connect advertisers with newspapers, websites and other firms looking to host them.
REUTERS/Benoit TessierWASHINGTON, Jan 24 (Reuters) - The U.S. Justice Department filed a lawsuit against Alphabet's (GOOGL.O) Google on Tuesday over allegations that the company abused its dominance of the digital advertising business. "Google has used anticompetitive, exclusionary, and unlawful means to eliminate or severely diminish any threat to its dominance over digital advertising technologies," the government said in its antitrust complaint. The Justice Department asked the court to compel Google to divest its Google Ad manager suite, including its ad exchange AdX. The lawsuit is the second federal antitrust complaint filed against Google, alleging violations of antitrust law in how the company acquires or maintains its dominance. The Justice Department lawsuit filed against Google in 2020 focuses on its monopoly in search and is scheduled to go to trial in September.
They are expected to see a deceleration in sales growth over the quarter as the post-pandemic splurge on designer fashions begins to ease in the United States and Europe. Hermes (HRMS.PA), which reports fourth-quarter results on Feb. 17, is expected to show sales growth of 17%, a decline from 24% in the third quarter. Luxury spending by Chinese nationals had dipped from 33% of the global personal luxury goods market in 2019 to as little as 17% last year, according to estimates from consultancy Bain. Burberry's like-for-like sales growth slowed sharply to 1% in the quarter to end-December after a 23% fall in mainland China. Although the Chinese are expected to initially resume travelling within Asia, Europe is a region that particularly stands to benefit from a return of Chinese tourists.
They are expected to see a deceleration in sales growth over the quarter as the post-pandemic splurge on designer fashions begins to ease in the United States and Europe. Hermes (HRMS.PA), which reports fourth-quarter results on Feb. 17, is expected to show sales growth of 17%, a decline from 24% in the third quarter. Luxury spending by Chinese nationals had dipped from 33% of the global personal luxury goods market in 2019 to as little as 17% last year, according to estimates from consultancy Bain. Burberry's like-for-like sales growth slowed sharply to 1% in the quarter to end-December after a 23% fall in mainland China. Although the Chinese are expected to initially resume travelling within Asia, Europe is a region that particularly stands to benefit from a return of Chinese tourists.
REUTERS/Benoit TessierJan 20 (Reuters) - Google's parent Alphabet Inc (GOOGL.O) is eliminating about 12,000 jobs, or 6% of its workforce, it said Friday, as Silicon Valley reels from recent layoffs and faces a troubled outlook. The cuts at Alphabet come days after Microsoft said it would lay off 10,000 workers. Alphabet CEO Sundar Pichai told staff in a memo that the firm had reviewed its products, people and priorities, leading to job cuts across geographies and tech. Alphabet's job losses affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams. Reporting by Jeffrey Dastin in Davos, Switzerland; Editing by Elaine Hardcastle and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.
Google challenged the directive in the Supreme Court saying it would hurt consumers and also its business, warning the growth of the Android ecosystem could stall. A three-judge bench of the Supreme Court, which included the chief justice of India, extended the implementation date of CCI's directives by a week beyond Jan. 19, but declined to block the ruling despite Google's repeated requests. Google licenses its Android system to smartphone makers, but critics say it imposes restrictions such as mandatory pre-installation of its own apps that are anti-competitive. Google also says in its India filings that "no other jurisdiction has ever asked for such far-reaching changes". "We have not cut, copy and paste," N Venkataraman, a government lawyer representing the Competition Commission of India (CCI), told the top court.
Zhao said Binance, the world's largest cryptocurrency exchange, said the company increased head count in 2022 from 3,000 people to "almost" 8,000. In 2023, Binance plans to increase the number of staff by between 15% and 30%, Zhao said at the Crypto Finance Conference in St. Moritz, Switzerland. Zhao said Binance needs to get the company "well-organized" ahead of the next crypto bull run and admitted the exchange is "not super efficient." The industry was plagued last year by collapses of major projects, liquidity issues, bankruptcies and the high-profile failure of crypto exchange FTX. Binance had a big role to play in FTX's collapse.
The article was one of a series of reports this year by the news agency on Binance's financial compliance and relationship with regulators across the world. Reuters also asked representatives of the local Binance units and affiliates about their relationship with the main Binance exchange. In Italy, Binance's public corporate filings detail just the unit's capital base and its ownership by a separate Binance company in Ireland. The Italian company, Binance Italy S.R.L., has its listed address in a block of shops and apartments in the southern city of Lecce. Just two of the Binance units analysed by Reuters offer more substantial details in their filings.
Salesforce shares tumble after surprise exit of co-CEO Taylor
  + stars: | 2022-12-01 | by ( ) www.reuters.com   time to read: +2 min
[1/2] Bret Taylor, Co-CEO of Salesforce, speaks at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. Jefferies analysts said the surprise exit indicated that the "co-CEO model is not working with two departures in three years." Benioff tapped Taylor as co-CEO in 2021, to replace Oracle (ORCL.N) executive Keith Block who stepped down from the role just before the pandemic began. He was previously chief operating officer and chief product officer of the company. "We view this leadership change as a significant blow given his leadership role on product," Needham analysts said in a note.
An early mover in the electric car race, Renault has fallen behind newer, more agile rivals like Tesla. But big question marks remain on its strained relationship with long-standing Japanese partner Nissan, as Renault looks for other outside investors for each of its divisions. Nissan (7201.T) is expected to take a stake in the EV venture, codenamed "Ampere", alongside other investors, though Renault will keep a majority stake. Renault CEO Luca De Meo said the group wanted to give the alliance a strong future and a "new chance". Aside from the Ampere EV unit and the combustion engine division, Renault will have an additional three businesses - the Alpine sports-car brand, financial services and new mobility and recycling activities.
Check out the companies making headlines after the bell:Meta Platforms — The Facebook parent plunged more than 13% after missing earnings estimates for the third quarter. Meta beat revenue estimates, posting a better-than-expected decline year-over-year but shared disappointing guidance for the fourth quarter. ServiceNow — The software stock soared 12.4% postmarket as earnings per share came in 12 cents ahead of Wall Street expectations. Align Technology — The maker of Invisalign dental straighteners toppled 16.8% after missing earnings estimates for the recent quarter. O'Reilly Automotive — Shares gained more than 3% after hours following a beat on revenue and earnings for the third quarter.
REUTERS/Benoit Tessier/File PhotoCompanies L'Oreal SA FollowOct 24 (Reuters) - L'Oreal SA (OREP.PA) has been sued by a Missouri woman who alleges she developed uterine cancer as a result of using the French cosmetic company's hair-straightening products. The lawsuit, filed Friday in federal court in Chicago, came days after a study from the U.S. National Institute of Environmental Health Safety (NIEHS) finding that hair-straightening products may significantly increase the risk of uterine cancer among frequent users. The plaintiff, Jennifer Mitchell, said she was diagnosed with uterine cancer in 2018, after using L'Oreal's products since about 2000, when she was 10. Uterine cancer is the most common gynecologic cancer in the United States, according to federal government data, with rates rising, particularly among Black women. The company "profited, significantly" from "unethical and illegal conduct that caused plaintiff to purchase and habitually use a dangerous and defective product," the lawsuit said.
"LVMH's 3Q22 print will likely reassure on the health of the high-end consumer in the run-up to the festive season," said Thomas Chauvet of Citi. He said he had seen no signs that lower product categories were underperforming -- a category that has been closely eyed for signs of weakness. Analysts have been on the look out for signs of weakness in more aspirational products as younger shoppers face rising living costs. Guiony flagged a strong performance in watches -- luxury products that tend to do well in an inflationary environment because they hold their value. Hermes and Kering (PRTP.PA) report third quarter sales on Oct. 20.
REUTERS/Benoit Tessier/File PhotoLONDON, Oct 7 (Reuters) - A blockchain linked to Binance, the world's largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson said on Friday, the latest in a series of hacks to hit the crypto sector this year. Criminals have increasingly targeted them, with some $2 billion stolen in 13 different hacks, mostly this year, researcher Chainalysis said in August. Register now for FREE unlimited access to Reuters.com RegisterThe hackers stole around $100 million worth of crypto, Zhao said in his tweet. BNB Chain later said in a blog post that a total of 2 million of the BNB cryptocurrency - worth around $570 million - was withdrawn by the hacker. BNB Chain suspended its blockchain for several hours before resuming at around 0630 GMT, it said in a tweet.
Google's India policy head Gulati resigns - sources
  + stars: | 2022-09-26 | by ( Aditya Kalra | ) www.reuters.com   time to read: +2 min
Gulati, who previously worked at Prime Minister Narendra Modi's federal think-tank, declined to comment. Register now for FREE unlimited access to Reuters.com RegisterGoogle is facing a series of antitrust cases in India and stricter tech-sector regulations. At Google, Gulati led a team of public policy executives who look at various regulatory implications for the company in India, one of its key growth markets. A number of Indian government officials have been hired by Big Tech companies as they face tighter data and privacy regulation, as well as competition law scrutiny, under Modi's federal government. Register now for FREE unlimited access to Reuters.com RegisterReporting by Aditya Kalra in New Delhi Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
The reported figure represents a big jump from the earlier forecast of about 2% to 4% cost cuts that Meta announced in July. Meta on Wednesday reiterated its plans to steadily reduce headcount growth over the next year in an emailed response. The company's business has taken a hit in recent months as recession fears and competitive pressures hit digital ads sales. Reuters had reported in June that Meta had cut plans to hire engineers by at least 30% this year as it prepares for a deep economic downturn. Register now for FREE unlimited access to Reuters.com RegisterReporting by Savyata Mishra in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
Trei persoane au fost rănite, dintre care una în stare gravă, după ce două clădiri din centrul oraşului Bordeaux (sud-vestul Franţei) s-au prăbuşit duminică seara din cauze încă necunoscute, au anunţat pompierii şi primăria oraşului, informează France Presse, citat de agerpres.ro. Printre victime, un bărbat de 28 de ani a fost rănit "foarte grav", cu un pronostic vital "probabil rezervat". Întreaga stradă a fost blocată de dărâmături, a constatat AFP la faţa locului. Conform primelor constatări, prăbuşirea clădirii care era în renovare a fost cea care a dus la prăbuşirea clădirii vecine, potrivit unui ales local, Amine Smihi. Miercurea trecută, o clădire aflată în paragină, în centrul oraşului, s-a prăbuşit, fără a face victime.
Persons: Arnaud Mendousse Organizations: France Locations: Bordeaux, Franţei, Porte, Bourgogne, Gironde
USB participă la alegerile anticipate din 11 iulie alături de AUR
  + stars: | 2021-05-13 | by ( ) www.ipn.md   time to read: +4 min
USB participă la alegerile anticipate din 11 iulie alături de AURPartidul politic Uniunea Salvați Basarabia va participa la alegerile parlamentare anticipate din 11 iulie alături de Alianța pentru Unirea Românilor – partid politic înregistrat și la Chișinău. Președintele USB, Valeriu Munteanu, se arată convins că AUR va fi acea forță politică în Republica Moldova care va fi biruitoare și va ajuta la catalizarea proceselor unioniste din Republica Moldova. Prezent la conferință, președintele AUR din Republica Moldova, Vlad Bilețchi, a spus că USB și-a asumat o decizie curajoasă. „Dragilor, românii nu sunt dispersați, românii sunt uniți, românii vor vota AUR pe 11 iulie. „Există un singur partid AUR în tot spațiul românesc, de la Timișoara până la Tiraspol, chiar dacă juridic avem AUR înregistrat în România și AUR înregistrat în Republice Moldova, avem aceeași doctrină conservatoare.
Persons: Valeriu Munteanu, unioniști, Vlad, Or, Vlad Bilețchi, Daniel, Gheorghe Rusu, Daniel - Gheorghe Rusu, Daniel Gheorghe Rusu, Ciprian Ciubuc Organizations: Uniunea, Alianța, Unirea Românilor, Uniunea Salvați, Unirea, NATO, Uniunii Salvați, CEC Locations: Basarabia, Chișinău, Republica Moldova, Uniunea Salvați Basarabia, unionist, Republicii Moldova, Basarabiei, România, Uniunii Salvați Basarabia, Prut, basarabean, României, Timișoara, Tiraspol, Moldova
Atmosfera de pe Marte are 96% dioxid de carbon și doar 0,13% oxigen, față de Pământ, care are 21% oxigen. Oxigenul este, de asemenea, o parte integrantă a chimiei care propulsează o rachetă. Moxie este capabil să “dezbrace” atomii de oxigen din moleculele de dioxid de carbon, care sunt alcătuite dintr-un atom de carbon și doi atomi de oxigen. Mini-elicopterul a făcut istorie prin efectuarea primului zbor motorizat și controlat de un avion pe altă planetă. Deși nu pare impresionant, pentru a doua sa ieșire, elicopterul s-a ridicat la cinci metri deasupra solului, s-a deplasat lateral cu doi metri, s-a rotit, a făcut câteva fotografii și apoi a revenit la locul de decolare, pentru a ateriza și a se întoarce la roverul Perseverance.
Persons: Marte Organizations: NASA Locations: roverul
Primele doze de vaccin anti-COVID-19, dezvoltate de Pfizer, au început să fie aduse din SUA în EuropaVaccinul anti-COVID-19 dezvoltat de Pfizer a început să fie adus din SUA în Europa. Avioanele companiei aeriene United Airlines au început să opereze de vineri, 27 noiembrie, primele astfel de zboruri din istorie, cu destinaţia Bruxelles, informează Wall Street JournalDozele de vaccin au fost transportate în lăzi frigorifice şi sunt gata pentru a fi rapid distribuite în cazul în care sunt aprobate şi omologate, transmite digi24.ro. Aceste zboruri reprezintă doar una dintre verigile lanţului global de aprovizionare pus la punct pentru a face faţă provocărilor logistice pe care le presupune distribuirea vaccinului anti-COVID-19. Planul de distribuţie include stocarea dozelor de vaccin în depozitele frigorifice deja existente în centrele companiei Pfizer din Kalamazoo, Michigan şi Puurs, Belgia, precum şi dezvoltarea facilităţilor similare din Pleasant Prairie, Wisconsin, respectiv Karlsruhe, Germania. Lanţul logistic presupune, de asemenea, zeci de zboruri cargo şi sute de transporturi rutiere în fiecare zi.
Persons: Pfizer, Pleasant Organizations: United Airlines, Wall Street, Pleasant Prairie, York, Drug Locations: SUA, Europa, Bruxelles, Kalamazoo, Michigan, Puurs, Belgia, Wisconsin, Karlsruhe, Germania, York Post
Dozele de vaccin au fost transportate în lăzi frigorifice şi sunt gata pentru a fi rapid distribuite în cazul în care sunt aprobate şi omologate, notează digi24.ro. Aceste zboruri reprezintă doar una dintre verigile lanţului global de aprovizionare pus la punct pentru a face faţă provocărilor logistice pe care le presupune distribuirea vaccinului anti-Covid-19. Planul de distribuţie include stocarea dozelor de vaccin în depozitele frigorifice deja existente în centrele companiei Pfizer din Kalamazoo, Michigan şi Puurs, Belgia, precum şi dezvoltarea facilităţilor similare din Pleasant Prairie, Wisconsin, respectiv Karlsruhe, Germania. Lanţul logistic presupune, de asemenea, zeci de zboruri cargo şi sute de transporturi rutiere în fiecare zi. Conform New York Post, the Food and Drug Administration (agenţia SUA de la care se aşteaptă omologarea vaccinului anti-Covid) a permis deja avioanelor cargo ale United Airlines să transporte de cinci ori mai multă gheaţă decât e voie, în mod normal, pe durata unui zbor (circa 6,8 tone), pentru a putea ţine vaccinul la temperaturile extrem de scăzute la care trebuie păstrat (în jur de minus 80 de grade Celsius).
Persons: Pleasant Organizations: Pleasant Prairie, York, Drug, United Airlines Locations: Kalamazoo, Michigan, Puurs, Belgia, Wisconsin, Karlsruhe, Germania, York Post, SUA
Vaccinul anti-COVID-19 dezvoltat de Pfizer a început să fie adus din SUA în Europa. Avioanele companiei aeriene United Airlines au început să opereze de vineri primele astfel de zboruri din istorie, cu destinaţia Bruxelles. Dozele de vaccin au fost transportate în lăzi frigorifice şi sunt gata pentru a fi rapid distribuite în cazul în care sunt aprobate şi omologate, scrie digi24.ro. Aceste zboruri reprezintă doar una dintre verigile lanţului global de aprovizionare pus la punct pentru a face faţă provocărilor logistice pe care le presupune distribuirea vaccinului anti-COVID-19. Lanţul logistic presupune, de asemenea, zeci de zboruri cargo şi sute de transporturi rutiere în fiecare zi.
Persons: Pfizer, Pleasant Organizations: United Airlines, Pleasant Prairie, York, Drug Locations: SUA, Europa, Bruxelles, Kalamazoo, Michigan, Puurs, Belgia, Wisconsin, Karlsruhe, Germania, York Post
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