(Reuters) - Tapestry said on Thursday it was ending its $8.5 billion bid for Michael Kors owner Capri after the deal was blocked by a U.S. judge, ending an effort to create a U.S. luxury giant that would compete with major European players. The deal would have brought six brands under one roof: Tapestry's Coach, Kate Spade and Stuart Weitzman;...

FRANKFURT (Reuters) - Hapag-Lloyd's ( HLAGF ) CEO said on Thursday he expects continued strength in container shipping volumes, which are driven by global demand for transporting goods and seen as a proxy for trade and a health barometer for the world economy. The volume of twenty-foot equivalent (TEU) containers moved by its 292 ships rose to 9.3 million metric...

Nov 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: ** Shale producer Ovintiv ( OVV ) said on Thursday it would acquire certain oil assets located in Canada's Montney formation from Paramount Resources ( PRMRF ) for about $2.38 billion in an all-cash deal. ** Blackstone has dropped plans to acquire...

06:49 AM EST, 11/14/2024 (MT Newswires) -- Jabil ( JBL ) said Thursday it signed a Memorandum of Understanding with Gujarat's state government to expand its operations in India. The company said the agreement follows a similar one with Tamil Nadu in September, which aimed to explore long-term opportunities in both states. Price: 129.00, Change: +1.33, Percent Change: +1.04 ...