Category Archives:
Tepco considering joining Japan investment partners to bid for Toshiba -Bloomberg
TOKYO (Reuters) - Tokyo Electric Power Co (Tepco) is considering joining a partnership between state-backed Japan Investment Corp and Japan Industrial Partners to bid for Toshiba Corp, Bloomberg News ...
Jul 05, 2022
Sweden’s AB Volvo begins to lay off some Russian employees
HELSINKI (Reuters) - Truck maker AB Volvo had begun laying off some of its Russian staff and to scale down operations, but has not made a decision to leave the country entirely, it said on Tuesday. Th...
Jul 05, 2022
Yum Brands close to selling KFC business in Russia
(Reuters) - Yum Brands Inc said on Tuesday it is in advanced talks to sell its KFC restaurants and franchise rights in Russia to a local buyer, after which the company plans to fully exit the country....
Jul 05, 2022
U.S. FDA to reconvene experts’ meeting for Amylyx’s ALS drug
(Reuters) - Amylyx Pharmaceuticals said on Tuesday the U.S. Food and Drug Administration will reconvene a meeting of its outside experts to review the company's application seeking approval for its am...
Jul 05, 2022
Wall St turns gloomy on Tesla after deliveries fall for first time in two years
By Eva Mathews (Reuters) - Tesla Inc will need to rethink its production plans to protect its profits, Wall Street analysts said on Tuesday, after the world's largest electric-car maker reported a fal...
Jul 05, 2022
Shopee opens five new distribution centers in Brazil – report
SAO PAULO (Reuters) - Singaporean shopping app Shopee, owned by Sea Ltd, has opened five new distribution centers in Brazil in recent months to improve shipping processes and cut lead times, Brazilian...
Jul 05, 2022
Uber continues global expansion with launch in Israel
JERUSALEM (Reuters) - Uber Technologies Inc said it was launching its ride-hailing and platform in Israel by connecting to a nationwide network of licensed taxis, as it continues to expand globally. T...
Jul 05, 2022
Ireland should set aside part of 2022 budget surplus – deputy PM
DUBLIN (Reuters) - Ireland should set aside some of the budget surplus it expects to post this year to fund future pensions or to start refilling its currently empty contingency reserve fund, Deputy P...
Jul 05, 2022
Israel’s eToro, Betsy Cohen-backed SPAC end $8.8 billion merger deal
(Reuters) -Israel's online brokerage eToro and Betsy Cohen-backed blank-check company FinTech Acquisition Corp have mutually agreed to terminate their merger deal more than a year after it was announc...
Jul 05, 2022
Airbus cancels deal with Qatar Airways for fourth A350 -sources
PARIS (Reuters) - Europe's Airbus has revoked a contract for a fourth A350 ordered by Qatar Airways in an ongoing dispute over damage to the painted surface of the long-haul jets, three people familia...
Jul 05, 2022
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