Category Archives:
Challenges abound as Tata draws up a flight plan for Air India
By Aditi Shah NEW DELHI (Reuters) - Tata Sons' $2.4 billion purchase of debt-ridden, government-owned Air India will give the conglomerate immediate access to valuable flying rights and landing slots ...
Syndicated Content Oct 19, 2021
Delivery Hero buys minority stake in grocery delivery startup Gorillas
BERLIN (Reuters) - Delivery Hero said on Tuesday it had invested $235 billion in the Berlin-based grocery delivery company Gorillas, amid a boom in rapid delivery services. The purchase means Delivery...
Syndicated Content Oct 19, 2021
China seen keeping lending benchmark steady for 18th straight month
SHANGHAI (Reuters) - China is expected to keep its benchmark lending rate steady for the 18th straight month at its October fixing on Wednesday, despite growing pressure on the economy, a Reuters surv...
Syndicated Content Oct 19, 2021
China’s market regulator eyes better support for private firms
SHANGHAI (Reuters) - China's market regulator will take steps to boost support for private firms in their efforts to improve quality and efficiency and promote fair competition by strengthening superv...
Syndicated Content Oct 19, 2021
Finland’s Aiven raises $60 million at $2 billion valuation
STOCKHOLM (Reuters) - Finland-based cloud software firm Aiven has raised $60 million from existing investors World Innovation Lab, IVP and Atomico, giving the firm a valuation of $2 billion, it said o...
Syndicated Content Oct 19, 2021
China regulators should act further to free up apps’ access to rivals’ links -state paper
BEIJING (Reuters) - Chinese internet platforms have not gone far enough in unblocking external links, as instructed by authorities, and relevant government bodies should take further action to interve...
Syndicated Content Oct 19, 2021
Ericsson profit beats expectations on 5G demand despite China setback
STOCKHOLM (Reuters) - Sweden's Ericsson reported third-quarter core earnings above market estimates on Tuesday, as strong sales of 5G equipment in most of the world offset a loss of market share in ma...
Syndicated Content Oct 19, 2021
Britain’s fossil fuel dilemma in the spotlight as climate talks near
By Shadia Nasralla LONDON (Reuters) - Britain faces a fossil fuel dilemma: it can burnish its green credentials by halting new oil and gas development in the North Sea, yet doing so will leave it more...
Syndicated Content Oct 19, 2021
Logistics giant GLP raises $2.7 billion for Japan real estate fund
TOKYO (Reuters) - Asia's biggest warehouse operator, GLP, said on Tuesday it raised 311 billion yen ($2.73 billion) for its largest Japan-focused private real estate fund amid a global boom in the log...
Syndicated Content Oct 19, 2021
Spotify to hire hundreds to drive ad sales in Europe, Australia, Canada
By Supantha Mukherjee STOCKHOLM (Reuters) - Spotify is planning to hire hundreds of staff to boost its advertising sales in Europe and elsewhere, as the music streaming service looks to increase reven...
Syndicated Content Oct 19, 2021
Peoria, IL, USA
43 °F Mist
