Brazilian cosmetics maker Natura &Co said on Tuesday it has signed a binding agreement to sell subsidiary The Body Shop to private investor Aurelius Group in a deal with an enterprise value of 207 million UK pounds ($254.32 million).
Five weeks into Israel’s war with Palestinian militant group Hamas, Israelis are spending less but a recovery may have begun after a steep drop at the start of the conflict, the Bank of Israel said on Tuesday.
The combined company takes advantage of Hess’s past losses to cut future payments. It is expected to provide Chevron hundreds of millions of dollars in extra annual cash flow over the next several years.
The U.S. Federal Bureau of Investigation (FBI) has struggled to stop a hyper-aggressive cybercrime gang that’s been tormenting corporate America over the last two years, according to nine cybersecurity responders, digital crime experts and victims.
Adobe’s $20 billion bid for cloud-based designer platform Figma is set to face an EU antitrust warning in the coming days, three people familiar with the matter said, a move that would ratchet up pressure on the Photoshop maker to offer remedies.
Insider co-founder Henry Blodget is stepping down as the CEO of the publication that he helped create more than 15 years ago, the company said on Tuesday and named President Barbara Peng to the top job.
U.S. Treasury yields will fall in coming months, though not as sharply as forecast previously, according to bond strategists polled by Reuters, who said for a fourth month running in even greater numbers that the 10-year note yield had peaked.
Strong sales growth at Huawei (HWT.UL) helped power an 11% rise in China’s total smartphone shipments in October, data from research firm Counterpoint showed on Tuesday, indicating signs of recovery in its lagging mobile market.
