Category Archives:
Majority shareholders vote in favor of delisting Didi from New York
(Reuters) - Chinese ride-hailing giant Didi Global will delist from the New York Stock Exchange, after a majority of the company's shareholders voted in favor of the plan, putting to rest a year-long ...
May 23, 2022
Starbucks to liquidate Russian entity -Sota Vision cites source
(Reuters) - Coffee giant Starbucks Corp is closing down its Russian legal entity Siren Coffee and will let its employees in the country go over the next few months, Russian media outlet Sota Vision re...
May 23, 2022
T-Mobile launches 5G products to compete with Verizon, AT&T for business clients
By Supantha Mukherjee STOCKHOLM (Reuters) - T-Mobile on Monday launched a suite of 5G products to lure business clients and capture some of the market share of rivals Verizon and AT&T, and has signed ...
May 23, 2022
Exclusive: Four EU countries call for use of Russian assets to rebuild Ukraine
By Jan Strupczewski BRUSSELS (Reuters) - Lithuania, Slovakia, Latvia and Estonia will call on Tuesday for the confiscation of Russian assets frozen by the European Union to fund the rebuilding of Ukra...
May 23, 2022
COFCO International sets 2030 target on soy land use in South America
PARIS (Reuters) - COFCO International has committed to making its soy supply chain free of deforestation and land conversion by 2030 in environmentally sensitive regions of South America, including th...
May 23, 2022
Exclusive-Toshiba to nominate Elliott, Farallon executives to its board, sources says
TOKYO (Reuters) - Toshiba Corp plans to propose giving two of its major hedge fund shareholders seats on its board, people familiar with the matter said, a move that could give foreign investors more ...
May 23, 2022
Denmark hits streaming services with levy to support local TV
COPENHAGEN (Reuters) - Lawmakers in Denmark have agreed global TV streaming services such as Netflix, Amazon and Disney must pay a levy of 6% of their revenue in the country to support local TV produc...
May 23, 2022
DHL exec says China lockdowns will hit supply chains more than Ukraine war
BERLIN (Reuters) - Lockdowns in China are having greater impact on global supply chains than the war in Ukraine and will be felt even after they are lifted, said the head of Deutsche Post DHL Group's ...
May 23, 2022
White House readies diesel supply actions if needed
By Jarrett Renshaw (Reuters) - The White House is weighing an emergency declaration to release diesel from a rarely used stockpile in a bid to address a major supply crunch and blunt rising prices, an...
May 23, 2022
‘Golden Arches’ come down near Moscow as McDonald’s Russia rebrand begins
(Reuters) - Workers removed the trademark "Golden Arches" sign from a McDonald's restaurant just north of Moscow on Monday, as the first stage of the rebranding of the fast food company's outlets star...
May 23, 2022
Peoria, IL, USA
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