(Reuters) -Jamie Dimon, the chief executive of JPMorgan Chase & Co, will be interviewed under oath over the bank’s relationship with late sex offender and former client Jeffrey Epstein, a la[...]
Read more
March 29, 2023
Stellantis, unions agree on layoffs, hiring at Italy’s Atessa plant
MILAN (Reuters) – Italian metalworkers unions said on Wednesday they had reached an agreement with Stellantis for up to 120 layoffs through voluntary redundancies at the group’s Atessa van[...]
Read more
Ongoing supply shortages threaten U.S. infrastructure and war efforts
By Lisa Baertlein LOS ANGELES (Reuters) – Manufacturers of everything from pickup trucks to homes are still grappling with tight supplies of microchips and cement – shortages that could tr[...]
Read more
Dollarama beats sales estimates on strong demand for affordable goods
(Reuters) -Canada’s Dollarama Inc beat quarterly revenue expectations on Wednesday helped by strong demand for affordable everyday goods and seasonal products such as home decor items during the[...]
Read more
China tackles chip talent shortage with new courses, higher pay
By Josh Horwitz SHANGHAI (Reuters) – China is ramping up efforts to develop home-grown semiconductor talent as it seeks to rapidly fill a shortage of expertise that has been made worse by U.S. e[...]
Read more
Alibaba’s breakup lifts hopes China’s regulatory winter is thawing
(Reuters) – Investors cheered a major revamp of Alibaba Group as a sign Beijing’s crackdown on the corporate sector was nearing an end, sending shares of the Jack Ma-founded company and it[...]
Read more
Adidas retracts opposition to Black Lives Matter three-stripe design
By Blake Brittain (Reuters) -Sportswear maker Adidas AG on Wednesday reversed course 48 hours after asking the U.S. Trademark Office to reject a Black Lives Matter application for a trademark featurin[...]
Read more
Next boss: downturn in UK economy won’t be long lasting
By James Davey LONDON (Reuters) – The boss of British fashion retailer Next said on Wednesday he did not think the downturn in the UK economy would be long lasting and anticipates a sharp recove[...]
Read more
Factbox-Five facts about returning UBS CEO Sergio Ermotti
LONDON (Reuters) – Sergio Ermotti has been rehired as the CEO of Swiss banking giant UBS to steer its massive takeover of rival Credit Suisse. Here are five facts about the 62-year-old banker. *[...]
Read more