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Ubisoft confirms guidance after Q2 revenue beat, headcount drops

Ubisoft confirms guidance after Q2 revenue beat, headcount drops
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Michelin raises free cash flow outlook despite U S auto strikes

French tyre maker Michelin raised its forecast for full-year free cash flow before acquisitions to 2.3 billion euros on Tuesday, from 2 billion euros. Tire demand remained strong in.

Vivendi Q3 revenue rises on Canal+ Group and Havas growth

French media giant Vivendi said on Thursday its third quarter revenue rose by 3.1% year on year to 2.43 billion euros at constant currency and perimeter, driven by growth in Canal+ Group and.

Factbox-European regulators crack down on Big Tech

Microsoft said in August it would unbundle chat and video app Teams from its Office product in a bid to avoid a possible EU antitrust fine, a month after the European Commission launched an investigation into its Office and Teams tie-up. Meta Platforms offered in July to curb the use of competitors' advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators rebuffed it, people familiar with the matter said. In May, Meta was hit with a record 1.2-billion euro ($1.27 billion) fine by the EU's lead privacy regulator for its handling of user information and given five months to stop transferring users' data to the United States.

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