(Reuters) -Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce gia[...]
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May 13, 2023
BlackRock CEO Fink trains successors, with no imminent plan to retire -WSJ
(Reuters) – BlackRock Inc Chief Executive Officer Larry Fink has been preparing five key leaders to take his role whenever he decides to step down in the future, the Wall Street Journal reported[...]
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Colombia’s Avianca backs down from Viva Air merger
BOGOTA (Reuters) – Colombia’s flagship airline Avianca is backing down from a merger with Viva Air, blaming conditions set by the country’s aviation regulator, the company announced[...]
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Yellen hopeful of a solution to ‘more difficult’ debt ceiling showdown
By Andrea Shalal NIIGATA, Japan (Reuters) -Treasury Secretary Janet Yellen on Saturday called a showdown over raising the U.S. debt ceiling “more difficult” than in the past but said she r[...]
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Indian billionaire Ambani’s JioCinema unveils pricing in fight with Netflix, Disney
By Aditya Kalra and Aftab Ahmed NEW DELHI (Reuters) -Indian billionaire Mukesh Ambani’s streaming platform JioCinema announced premium pricing of 999 Indian rupees ($12) a year, its first step to move[...]
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G7 plans new vaccine effort for developing nations, Yomiuri reports
TOKYO (Reuters) -The Group of Seven (G7) rich nations is set to agree on establishing a new programme to distribute vaccines to developing countries at next week’s summit of leaders, Japan[...]
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UK’s Hunt says ‘absolutely devastating’ if US failed to raise debt ceiling
By Andrea Shalal NIIGATA, Japan (Reuters) – British finance minister Jeremy Hunt said on Saturday it would be “absolutely devastating” if the United States failed to reach agreement[...]
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At G7, a warning about economic outlook as US debt crisis looms
By Christian Kraemer and Leika Kihara NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) nations warned on Saturday of mounting economic uncertainty, in a subdued end to a three-day[...]
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Exclusive-G7 summit statement to target China’s ‘economic coercion’ -source
By Trevor Hunnicutt WASHINGTON (Reuters) -Leaders of the Group of Seven (G7) countries are set to discuss concern about China’s use of “economic coercion” in its dealings abroad as p[...]
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