business
Babcock Earnings Jump on Defense Demand, Nuclear Projects
Revenue and operating profit surged, driven by an increase in defense spending by Western governments and the ramp-up of nuclear projects. Source link
Ubisoft Requests Stock Trading Resumption as It Logs Higher Sales
The videogame maker last week postponed its results and requested that Euronext halt trading of its shares and bonds as it finalized its accounts. Source link
Veolia to Buy U.S. Hazardous-Waste Specialist Clean Earth in $3 Billion Deal
The French waste-management company said the deal would allow it to expand in the U.S. hazardous waste sector and deliver synergies of $120 million. Source link
Harbour Energy Explores U.S. Deals
Harbour Energy says it is exploring merger-and-acquisition opportunities in the U.S. as its production base shifts toward the western Atlantic. Source link
Conglomerate CK Hutchison Weighs Dual Listing of Health & Beauty Retail Giant
Hong Kong-based conglomerate CK Hutchison is planning a dual listing of AS Watson Group in Hong Kong and the U.K. Source link
Paramount, Comcast and Netflix Submit Bids for Warner Bros. Discovery
Of the three bidders, only Paramount is pursuing all of Warner Discovery, including cable channels. Source link
Air-Traffic Controllers With Perfect Shutdown Attendance to Get $10,000 Bonuses
Transportation Department says 776 controllers and technicians will receive bonuses, suggesting only a fraction didn’t miss work. Source link
Australia Blocks U.S.-Based Cosette’s $387.2 Million Takeover of Mayne Pharma
Australia’s government said it would block a $387.2 million takeover of Mayne Pharma by U.S. company Cosette Pharmaceuticals on national security grounds, citing a need to protect critical medical supply chains. Source link
Gap Raises Fiscal-Year Outlook on Growing Demand Across Income Levels
The apparel company now expects sales growth of 1.7% to 2% for the year after posting a quarterly profit of $236 million. Source link
Citigroup Names New CFO and Reorganizes Personal-Banking Business
The current finance chief, Mark Mason, is expected to look for a CEO role elsewhere. Source link