Category Archives:
Gap CEO exit opens door for spin-off talks again
(Reuters) - The abrupt exit of Gap Inc's chief executive on the back of falling sales and shrinking margins will likely push the struggling apparel retailer to sell one or more of its brands, analysts...
Jul 12, 2022
Russia gives exiting firms time by pausing asset seizure law
MOSCOW (Reuters) - Moscow's plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country failed to get through parliament before the summer recess, giving ...
Jul 12, 2022
Hyundai Motor, S.Korea union reach tentative wage deal
By Jihoon Lee and Heekyong Yang SEOUL (Reuters) -Hyundai Motor said on Tuesday it has reached a tentative wage deal with its South Korean labour union, potentially avoiding a strike and production los...
Jul 12, 2022
Science offers basis for national climate damage claims -study
By Mark John (Reuters) - A scientific basis exists to calculate how much one country's carbon emissions have damaged the economy of another, a study said on Tuesday of a development it billed as a pot...
Jul 12, 2022
China’s Geely launches electric pickup as urbanites embrace camping
SHANGHAI (Reuters) - Chinese automaker Zhejiang Geely Holding on Tuesday unveiled a new electric pickup truck, targeting growing demand from city residents as coronavirus curbs fuel an interest in out...
Jul 12, 2022
ECB digital euros could be capped –French central banker
PARIS (Reuters) - The European Central Bank could cap the amount of planned digital euros, an electronic version of banknotes and coins, so they do not deprive banks of deposits, Bank of France Govern...
Jul 12, 2022
Brazil services activity grows 0.9% in May, higher than expected
BRASILIA (Reuters) - Services activity in Brazil resumed growth in May and at a faster-than-expected pace, benefiting from the normalization of activities after the severe impact of the COVID-19 pande...
Jul 12, 2022
ECB’s Lagarde is targeted in cyber attack
FRANKFURT (Reuters) - European Central Bank President Christine Lagarde was targeted in a cyber attack but this was quickly foiled without any information being compromised, an ECB spokesperson said o...
Jul 12, 2022
Israel’s Melio to integrate payments platform with Capital One Business
JERUSALEM (Reuters) - Melio, an Israeli startup that offers payment tools for small businesses, said on Tuesday it entered into a strategic partnership to integrate its accounts payable platform with ...
Jul 12, 2022
Lego terminates contract with Russian store operator – franchisee
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW (Reuters) - Lego has terminated its contract with the operator of its 81 stores...
Jul 12, 2022
Peoria, IL, USA
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