
Disney+ subscribers have climbed to 129.8 million
The number of Disney+ subscribers increased to 129.8 million, as did the number of park visits

The number of Disney+ subscribers increased to 129.8 million, as did the number of park visits
BRUSSELS, Feb 11 (Reuters) – The European Union and the

MetLife Inc (MET.N) is exploring the divestment of its U.S. variable annuity book as it seeks to free up resources to invest in higher-growth parts of its business, people familiar with the matter said.

The board of Telecom Italia (TIM) (TLIT.MI) will discuss the group’s overhaul on Monday as newly appointed chief executive Pietro Labriola strives to forge an alternative to a takeover proposal by U.S. fund KKR (KKR.N).

Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and compressed corporate margins could finally start to unwind towards the end of this year.

Global equity funds drew massive inflows in the seven days to Feb. 9 as investors cheered strong earnings results from U.S. and European companies, shrugging off concerns over a rise in bond yields and inflation.

Activist investor Quarz Capital Management said it is opposed to the terms of a proposed S$4.2 billion ($3.1 billion) merger of two Temasek-linked Singapore real estate investment trusts, saying the target firm was significantly undervalued.

Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, high energy prices and continued supply-side disruptions, while inflation will be much higher, the European Commission said.

Thyssenkrupp (TKAG.DE) said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and materials trading – benefited from significantly higher steel prices.

Unilever (ULVR.L) warned of a big hit to profit margins this year as it struggles to pass on higher costs to consumers, and ruled out major acquisitions after investor criticism of its failed pursuit of GlaxoSmithKline’s consumer health business.

The number of Disney+ subscribers increased to 129.8 million, as did the number of park visits
BRUSSELS, Feb 11 (Reuters) – The European Union and the

MetLife Inc (MET.N) is exploring the divestment of its U.S. variable annuity book as it seeks to free up resources to invest in higher-growth parts of its business, people familiar with the matter said.

The board of Telecom Italia (TIM) (TLIT.MI) will discuss the group’s overhaul on Monday as newly appointed chief executive Pietro Labriola strives to forge an alternative to a takeover proposal by U.S. fund KKR (KKR.N).

Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and compressed corporate margins could finally start to unwind towards the end of this year.

Global equity funds drew massive inflows in the seven days to Feb. 9 as investors cheered strong earnings results from U.S. and European companies, shrugging off concerns over a rise in bond yields and inflation.

Activist investor Quarz Capital Management said it is opposed to the terms of a proposed S$4.2 billion ($3.1 billion) merger of two Temasek-linked Singapore real estate investment trusts, saying the target firm was significantly undervalued.

Euro zone economic growth will be slower than earlier expected this year because of a new wave of COVID-19 infections, high energy prices and continued supply-side disruptions, while inflation will be much higher, the European Commission said.

Thyssenkrupp (TKAG.DE) said on Thursday that operating profit rose nearly fivefold in its first quarter, as its two biggest divisions – steel and materials trading – benefited from significantly higher steel prices.

Unilever (ULVR.L) warned of a big hit to profit margins this year as it struggles to pass on higher costs to consumers, and ruled out major acquisitions after investor criticism of its failed pursuit of GlaxoSmithKline’s consumer health business.
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