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03 May

UniCredit launches staff training pilot project in Italy

Italian bank UniCredit said it had launched a pilot project to train staff in Italy to try to boost retention rates, weeks after rival heavyweight Intesa Sanpaolo announced a venture with a private equity firm centred around its learning operations.

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03 May

CNH tops Q1 profit forecast despite Ukraine, supply headwinds

MILAN (Reuters) -Agricultural and construction machine maker CNH Industrial said on Tuesday its operating profit rose 9% in the first quarter as demand remained healthy despite headwinds including war in Ukraine and higher energy costs.

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03 May

CNH tops operating profit forecast in Q1 despite Ukraine headwinds

Agricultural and construction machine maker CNH Industrial said on Tuesday its operating profit grew 9% in the first quarter thanks to a "healthy" demand despite headwinds including war in Ukraine and higher energy costs.

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03 May

Samsung signs deal with Dish for 5G radios, phones

Samsung has signed a multi-year deal to sell equipment to Dish for its upcoming 5G network in the United States, one of the largest radio deals for the South Korean company since its major Verizon contract in 2020.

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03 May

Wall Street eyes muted open as earnings disappoint, eyes on Fed

(Reuters) -U.S. stock index futures were largely subdued on Tuesday after a slew of underwhelming earnings reports, while investors braced for a big interest rate hike by the Federal Reserve this week to tame surging prices.

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03 May

VW embeds Qualcomm chips in autonomous driving software plans

Volkswagen's Cariad on Tuesday said it will source chips from U.S. semiconductor maker Qualcomm to develop autonomous driving software, which the German carmaker has made the backbone of its future strategy.

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03 May

Elliott offers $1 billion to help separate Western Digital's Flash business

Activist investor Elliott Investment Management urged Western Digital Corp on Tuesday to separate its Flash business and offered to invest $1 billion to facilitate a sale or a spin-off of the business.

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