NEW YORK (Reuters) – Foreigners funneled over $22 billion net into emerging market portfolios in June, the largest amount since January, and China posted its sixth consecutive month of outflows[...]
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Business
Cinepolis exec Eduardo Acuna to become Cineworld CEO
(Reuters) – Cineworld Group said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will become its CEO when the company emerges from bankruptcy p[...]
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Alibaba’s Ele.me platform signs wages, safety contracts as tech crackdown ends – media
BEIJING (Reuters) – Alibaba’s Ele.me on Thursday became China’s first delivery platform to sign collective contracts on wages and labour safety with its staff, official media reporte[...]
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Virgin Galactic to launch second commercial space flight next month
(Reuters) – Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in a window that opens next month after a successful first flight in[...]
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Musk’s Twitter sues four Texas entities for data scraping, seeks damages
(Reuters) -Twitter has filed a lawsuit against four unnamed entities in Texas for data scraping last week, a move that showed why the Elon Musk-owned social network recently placed daily limits on the[...]
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Mitsubishi’s China JV to cut staff costs after SUV sales dive
BEIJING/SHANGHAI (Reuters) – Mitsubishi Motors’ joint venture with China’s Guangzhou Automobile Group (GAC) on Thursday said it would cut staff costs to try to revive its fortunes af[...]
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Exclusive-Ivory Coast halts cocoa forward sales as rains hit production
By Ange Aboa ABOISSO, Ivory Coast (Reuters) – Ivory Coast has stopped selling contracts for cocoa exports for the 2023-2024 season after heavy rains battered and flooded farms in the world[...]
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Chile miners, facing higher taxes, seek faster permits, lower energy costs
By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for[...]
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Stellantis to build new Jeep Compass as fifth model in Melfi – sources
MILAN (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to th[...]
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