Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Exclusive: TUI in talks for up to 1.8 billion euros in additional state aid – sources
By Klaus Lauer, Michael Nienaber and Arno Schuetze BERLIN/FRANKFURT (Reuters) - Holiday group TUI is in talks with the German government to obtain an additional 1.5 billion to 1.8 billion euros ($1.8-...
Nov 10, 2020
Alibaba moves deeper into offline with Chinese smart apparel factory
HANGZHOU, China (Reuters) - Robots whirr around, shifting fabrics and clothing, on the evening before Singles' Day at the Hangzhou site for Xunxi, Alibaba's first wholly-owned smart factory. The site ...
Nov 10, 2020
Exclusive: Italy judge sends to trial BT Italy, former executives in fraud case
MILAN (Reuters) - A judge in Milan on Tuesday sent to trial the Italian unit of British Telecom and 21 defendants including three former top BT Italy executives in an accounting scandal case, judicial...
Nov 10, 2020
Ulta Beauty gains on plans to open stores at over 100 Target locations
(Reuters) - Ulta Beauty Inc's shares jumped 10% on Tuesday after the cosmetics store chain signed a long-term deal with Target Corp to open its own stores at the big box retailer's locations. Ulta wil...
Nov 10, 2020
Walmart partners with GM’s Cruise on self-driving delivery pilot in AZ
By Paul Lienert (Reuters) - Walmart Inc is adding Cruise, a majority-owned affiliate of U.S. automaker General Motors Co , to its roster of self-driving startup partners, in a pilot delivery program e...
Nov 10, 2020
Spotify to buy ad tech firm Megaphone to monetize podcasts
STOCKHOLM/NEW YORK (Reuters) - Sweden-based Spotify Technology SA has agreed to buy podcast advertising and publishing platform Megaphone, it said on Tuesday, the latest in a series of a deals to boos...
Nov 10, 2020
Fed’s Kaplan says he is concerned about next two quarters
(Reuters) - Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday he was "cautious and concerned" about downside economic risks in the short run because of the resurgence of the coronavi...
Nov 10, 2020
American Airlines announces stock offering of 38.5 million shares
(Reuters) - American Airlines Group Inc announced a proposed underwritten public offering of 38.5 million shares of its common stock on Tuesday, as the airline looks to boost its liquidity amid fallin...
Nov 10, 2020
Ford to add jobs to boost output of electric F-150, add electric van
By Joseph White DETROIT (Reuters) - Ford Motor Co said on Tuesday it plans to hire 350 more U.S. workers to expand production capacity for its electric F-150 pickup truck in Michigan and add assembly ...
Nov 10, 2020
Beyond Meat shares sink as Wall Street startled by slowing sales
(Reuters) - Beyond Meat Inc's shares sank 22% on Tuesday as a slowdown in the pace of sales growth for its plant-based meat shocked investors, while a surprise announcement of a tie up with McDonald's...
Nov 10, 2020
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