Category Archives:
Volkswagen China’s Shanghai plant resumes production gradually
SHANGHAI (Reuters) - Volkswagen Group China's Shanghai factory has started a gradual resumption to production, it said on Monday. Its factories in the northeastern Chinese city of Changchun, which it ...
Apr 25, 2022
TikTok owner ByteDance appoints lawyer Julie Gao as new CFO
By Yingzhi Yang and Brenda Goh BEIJING (Reuters) - TikTok-owner ByteDance has appointed corporate attorney Julie Gao as its new chief financial officer (CFO), according to an internal memo sent to sta...
Apr 25, 2022
Mondelez to buy Ricolino for $1.3 billion
(Reuters) - Mondelez International Inc said on Monday it had entered into an agreement with Grupo Bimbo to acquire its confectionery business, Ricolino, for around $1.3 billion. (Reporting by Praveen ...
Apr 25, 2022
Indonesia export ban will not include crude palm oil – sources
By Bernadette Christina JAKARTA (Reuters) - Indonesian government officials told palm oil companies on Monday that an export ban announced late last week would cover shipments of refined, bleached, de...
Apr 25, 2022
Musk’s Starlink inks deal with Hawaiian Airlines for in-flight internet
(Reuters) -Elon Musk's Starlink signed a deal with Hawaiian Airlines Inc on Monday to provide the carrier's trans-Pacific fleet with in-flight wireless internet, the airline said. The wireless interne...
Apr 25, 2022
Activision Blizzard sales miss as ‘Call of Duty’ sees weak demand
(Reuters) -Videogame publisher Activision Blizzard Inc missed estimates for first-quarter adjusted sales on Monday, hurt by low demand for its latest title "Call of Duty: Vanguard". Activision's perfo...
Apr 25, 2022
Exclusive-Twitter set to accept Musk’s ‘best and final’ offer-sources
NEW YORK (Reuters) - Twitter Inc is nearing a deal to sell itself to Elon Musk for $54.20 per share in cash, the price that he originally offered to the social media company and called his 'best and f...
Apr 25, 2022
Futures extend selloff after rough week
(Reuters) - U.S. stock index futures fell on Monday, signaling a fresh round of selloff on Wall Street as fears over China's COVID-19 outbreaks spooked investors already concerned about aggressive U.S...
Apr 25, 2022
Port of Rotterdam feels impact of sanctions on Russia
By Toby Sterling AMSTERDAM (Reuters) - Europe's biggest port Rotterdam said that goods throughput fell by 1.5% in the first quarter as trade was hit by the impact of sanctions on Russia, and it expect...
Apr 25, 2022
Russia’s Rosatom and Nornickel plan lithium project, RIA reports
(Reuters) - Russia's state-owned nuclear power supplier Rosatom and metals producer Nornickel plan to develop a lithium deposit in the northwestern Murmansk region, RIA news agency reported on Monday,...
Apr 25, 2022
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