Boohoo targets ‘step-change’ in U.S. fortunes with new warehouse
(Reuters) – Struggling British online fashion retailer Boohoo said this year’s opening of a first distribution centre in the United…
Airline SAS’s rescue moves closer as court clears fundraising plan
(Reuters) – SAS’s rescue has moved a step closer after a U.S. court approved a revised plan from the Scandinavian…
Thales, Gol ink deal to move maintenance services to Brazil
(Reuters) – France’s Thales SA will provide maintenance services for Brazilian airline Gol in Brazil instead of abroad, the companies…
UK’s competition boss: We do not want a hostile environment for tech
(Reuters) – The head of Britain’s anti-trust regulator said it was not seeking to create a “hostile environment” for tech…
Horizon tumbles on potential FTC lawsuit to block Amgen deal; analysts surprised
Bloomberg News reported yesterday that the U.S. Federal Trade Commission (FTC) is expected to introduce a lawsuit to block the…
Tesla succession planning, demand in focus ahead of shareholder meeting
(Reuters) – Tesla (NASDAQ:TSLA) Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of…
Home Depot cuts annual sales forecast on slowing demand
(Reuters) – Home Depot Inc (NYSE:HD) cut its annual sales forecast on Tuesday, as the home improvement market cools after explosive growth…
Capital One shares up after billionaire investor Buffett’s near $1 billion bet on bank
(Reuters) – Shares of Capital One Financial Corp (NYSE:COF) rose in premarket trading on Tuesday after billionaire investor Warren Buffett’s holding company…
OpenAI chief goes before US Congress to propose licenses for building AI
(Reuters) – OpenAI, the startup behind ChatGPT, wants the U.S. to consider mandating licenses for companies to develop powerful artificial…
Japan approves energy firms’ household power price hike
(Reuters) – Japan’s government on Tuesday has approved an increase in household electricity rates of made by seven major utilities…