By James Davey LONDON (Reuters) -Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley’s Frasers, the e-commerce giant’s first purchase of a Brit[...]
Read moreOctober 30, 2023
Hitachi wins EU okay for $1.8 billion Thales deal
(Story refiled without change) BRUSSELS (Reuters) – EU antitrust regulators said on Monday they cleared Hitachi’s 1.7-billion-euro ($1.80 billion) bid for Thales’ GTS railway signall[...]
Read moreElon Musk expected to attend global AI summit in UK – source
LONDON (Reuters) – Billionaire entrepreneur Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week, according to a government official. Britain is bringi[...]
Read moreMeta introduces ad-free plans for Instagram, Facebook in Europe
(Reuters) -Meta Platforms said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations. The month[...]
Read moreJapan’s yen hits two-week high against dollar on talk of BOJ policy tweak
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The Japanese yen climbed to a two-week peak against the dollar on Monday after a report said the Bank of Japan is considering tweaking its yield[...]
Read moreOil falls more than 3% as concerns about Mideast supply ease
By Erwin Seba HOUSTON (Reuters) -Oil slipped more than 3% on Monday as fears eased that the Israel-Hamas war would disrupt supply from the region, and as investors grew cautious ahead of this week[...]
Read moreExxon names new shale oil chief to replace executive facing assault charge
By Sabrina Valle HOUSTON (Reuters) -The former head of Exxon Mobil’s shale oil and gas business will return as senior vice president over the company’s most important U.S. oil operation fo[...]
Read moreUS progressive groups ask DOJ to reverse new M&A safe harbor policy
By Chris Prentice NEW YORK (Reuters) -More than a dozen groups are pressing the U.S. Justice Department to retreat from a new policy they say gives a “free pass” to corporate wrongdoers, a[...]
Read moreUS says fine warranted in Southwest Airlines holiday meltdown
By David Shepardson (Reuters) -The U.S. Transportation Department told Southwest Airlines a civil fine is warranted over the airline’s December meltdown that led to 16,700 flight cancellations a[...]
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