Sept 30 (Reuters) – Mattel said on Wednesday longtime CEO Ynon Kreiz would leave the toymaker for a senior leadership position at another public company and hand the reins to board member Roger Lynch. Kreiz, who has been CEO since 2018, led Mattel’s push to…
By Marc Jones LONDON, Sept 30 (Reuters) – Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions, wars, oil back above $100 a barrel and warnings that AI might…
STOCKHOLM, Sept 30 (Reuters) – Sweden will from October deploy Gripen fighter jets to Poland as part of a NATO airspace surveillance mission, the Nordic country’s government said on Wednesday. • The jets will contribute to NATO’s air and missile defence and protect a logistics hub…
By David Brunnstrom and Alexandra Alper WASHINGTON, Sept 30 (Reuters) – The Republican chair of the congressional committee focused on China is calling on the Trump administration to scrutinize US ally South Korea’s warming ties with China, which he said pose “significant risks” to the…
WASHINGTON, Sept 30 (Reuters) – U.S. inflation increased less than expected in August, which could see financial markets further reduce the odds of another interest rate increase from the Federal Reserve next month. The Personal Consumption Expenditures Price Index rose 0.3% last month after a…
Sept 30 (Reuters) – Jabil forecast profit and revenue for the fiscal year 2027 above Wall Street estimates on Wednesday, as the electronics component maker banks on demand from AI data centers. Rising investments in data center infrastructure, driven by strong demand for computing capacity…
By Rory Carroll Sept 30 (Reuters) – Global basketball league Project B said it will stage its inaugural tournament in Hangzhou, China, as it bets a traveling format that is distributed free on YouTube can expand the reach of the women’s game. The Hangzhou event,…
Sept 30 (Reuters) – French cybersecurity firm Sekoia rolled out its cybersecurity AI agentic tool Elevate to its clients, following an early access program with around 2,000 customers, it said on Wednesday. Criminals are increasingly resorting to AI agents, with cyberattacks multiplying and changing in scale,…
Sept 30 (Reuters) – Cigna said on Wednesday it will invest $3 billion as part of a multi-year program to focus on modernizing processes and streamlining workflows, among others, with AI-enabled insights and tools to drive growth. Here are some details: • The health insurer…
Sept 30 (Reuters) – Conagra Brands beat Wall Street estimates for first-quarter profit and sales on Wednesday, helped by resilient demand for pantry staples such as its Slim Jim meat snacks. Shares of the Hunt’s ketchup-maker were up 2% in premarket trading. Budget-conscious consumers have continued…
