On Friday, ZF Friedrichshafen AG’s airbags and seat belts division, ZF Lifetec, became the center of attention as potential buyers, including automotive supplier Adient (NYSE:ADNT) Plc, showed interest in acquiring the unit. Bloomberg News, citing people familiar with the matter, revealed that private equity entities American Industrial Partners and FountainVest Partners are also in the running ...
By Haripriya SureshBENGALURU (Reuters) -Tens of thousands of JPMorgan Chase (NYSE:JPM) software engineers increased their productivity 10% to 20% by using a coding assistant tool developed by the bank, its global chief information officer Lori Beer said.The gains present "a great opportunity" for the lender to assign its engineers to other projects, Beer told Reuters ahead of DevUp, an internal co ...
Investing.com -- PepsiCo (NASDAQ:PEP) Inc. is in the final stages of negotiations to acquire Poppi, a healthier soda brand, according to a report from Bloomberg, citing people with knowledge of the matter.The transaction, which could be announced as early as next week, is said to be valued at over $1.5 billion. The sources, who wished to remain anonymous due to the confidential nature of the discu ...
(Reuters) - Global equity funds saw weaker demand in the week through March 12, amid a global stock sell-off driven by concerns over U.S. tariffs and its escalating trade wars.Investors put just $3.21 billion into global equity funds for the week, sharply down from an average weekly inflow of $11.6 billion in February, LSEG Lipper data shows.European equity funds faced the heaviest selling during ...