By Stephen Nellis (Reuters) – Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc, on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to[...]
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February 21, 2023
U.S. home sales post 12th straight monthly drop; house price inflation slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales dropped to the lowest level in more than 12 years in January, but the pace of decline slowed, raising cautious optimism that the[...]
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Rogers-Shaw lawyers could nab bigger share of C$100 million-plus fee jackpot
By Maiya Keidan and Divya Rajagopal TORONTO (Reuters) -As Rogers Communications’ long-delayed takeover of Shaw Communications Inc nears its final hurdle, bankers, lawyers and shareholder advisor[...]
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Analysis-To raise prices or not? Consumer goods makers weigh bets while retailers fret
By Jessica DiNapoli (Reuters) – Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this year while those of others like Clorox Co wipes and Diet Pepsi are li[...]
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Frontier Airlines introduces new family seating policy
(Reuters) – U.S. budget carrier Frontier Airlines said on Tuesday it has introduced measures under which at least one parent will automatically be seated with any children within their family gr[...]
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UK court to decide fate of Russian securities ‘trapped’ in London
By Naomi Rovnick and Kirstin Ridley LONDON(Reuters) -Administrators of Sova Capital, a collapsed London broker formerly controlled by Russian banker Roman Avdeev, are seeking UK court approval to sell[...]
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General Mills lifts sales, profit forecasts on price hikes, steady demand
(Reuters) -General Mills Inc raised its annual organic sales and profit forecasts on Tuesday, betting on price hikes and strong demand for its snack bars and breakfast cereals as well as a recovery in[...]
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HSBC takes $300 million hit on Russia business sale, says deal on track for 2023
By Lawrence White LONDON (Reuters) – HSBC HSBA.L> said it still expects to complete the sale of its Russia business in first-half 2023, in the most significant update on the progress of the d[...]
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NBA, Ant Group launch strategic partnership in China
SHANGHAI (Reuters) -Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league in China that would see the two cooperate in areas such as video content,[...]
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