(Reuters) -British cinema chain operator Cineworld is preparing to file for administration as a part of a financial restructuring plan, Sky News reported on Tuesday. The company is lining up AlixPartn[...]
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Entertainment and Lifestyle
IKEA bets on remote interior design as AI changes sales strategy
By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish furniture giant aims to offer more home improvement services and hand run-[...]
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New York City to delay enforcing law against Airbnb hosts
By Doyinsola Oladipo NEW YORK (Reuters) -The City of New York will delay enforcing a municipal law that Airbnb Inc said could limit the number of people who can host rentals in the city, a Friday cour[...]
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Carnival leads gains in cruise stocks as analysts eye strong travel demand
By Chibuike Oguh NEW YORK (Reuters) – Shares of Carnival Corp and Norwegian Cruise Line Holdings Ltd jumped on Monday, and were among the top S&P 500 performers, as analysts anticipate conti[...]
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AB InBev, Molson Coors dent US craft beer competition with cheaper six-packs
By Ananya Mariam Rajesh (Reuters) – Anheuser-Busch InBev and Molson Coors Beverage are set to gain market share from craft beer makers in the United States this year as cost-conscious consumers[...]
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Netflix sign-ups jump as U.S. password sharing crackdown kicks off – data
(Reuters) – Daily U.S. sign-ups for Netflix have jumped in the first few days after the streaming giant’s password-sharing crackdown came into effect on May 23, data from research firm Ant[...]
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Kim Kardashian seeks secret of private equity success as rising rates bite
By Emma-Victoria Farr BERLIN (Reuters) -Reality star Kim Kardashian’s arrival at a gathering of the globe’s top deal brokers in Berlin failed to dispel their dark mood as the rising cost o[...]
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GameStop misses quarterly revenue estimates
(Reuters) – GameStop posted its fourth consecutive fall in quarterly revenue on Wednesday and missed market estimates, as consumers dialed back non-essential spending in an uncertain economy. Th[...]
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US, European hotel rates may keep rising, industry executives say
By Doyinsola Oladipo NEW YORK (Reuters) -Hotel room rates in the U.S. and Europe are rising and may get even more expensive as supply has failed to keep up with demand, industry executives said. U.S.[...]
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