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October 22, 2021

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Walmart’s corporate workers to start returning to offices next month

Reuters
The logo of a Walmart Superstore is seen during the outbreak of the coronavirus disease (COVID-19), in Rosemead, California, U.S., June 11, 2020. Picture taken June 11, 2020. REUTERS/Mario Anzuoni/Files Oct 22 (Reuters) – Walmart Inc’s (WMT.N) U.S. corporate workers will start working at the retailer’s offices from Nov. 8......

Labour union urges European authorities to widen Amazon antitrust probe after Reuters story

Reuters
The logo of Amazon is seen at the company logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol NEW DELHI, Oct 22 (Reuters) – A global trade union for the services sector on Friday urged European authorities to widen their antitrust investigation of Amazon.com Inc (AMZN.O) to assess if......

Stellantis powers up electric plans with Samsung SDI U.S. deal

Reuters
A Stellantis sign is seen outside the company’s headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Follows similar deal with battery maker LGES JVs to provide up to 80 GWh annual battery capacity Stellantis aims for over 40% of U.S. sales from EVs Group targets global......

Alec Baldwin fires prop gun on movie set, killing cinematographer

Reuters
Oct 21 (Reuters) – Actor Alec Baldwin fired a prop gun on a movie set in New Mexico on Thursday, killing cinematographer Halyna Hutchins and wounding director Joel Souza, authorities said. The incident occurred on the set of independent feature film “Rust,” the Santa Fe County Sheriff’s office said in......

No ‘Squid Game’: South Korea’s real-life debt trap

Reuters
Passengers wearing masks to avoid contracting the coronavirus disease (COVID-19) walk at Seoul railway station in Seoul, South Korea, October 19, 2021. REUTERS/Kim Hong-Ji/Files SEOUL, Oct 22 (Reuters) – Many small business owners in South Korea recognise themselves in the cash-strapped characters of the wildly popular Netflix (NFLX.O) drama ‘Squid......

Intel shares sink as chipmaker predicts lower margins in years ahead

Reuters
Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song/Files Oct 21 (Reuters) – Intel Corp (INTC.O) on Thursday forecast lower profit margins for years to come as......

Facebook signs copyright agreement with some French publishers

Reuters
Paves the way for signing of individual licences Copyright fees included in preliminary deal – source Publishers not compelled to use Facebook News service PARIS, Oct 21 (Reuters) – Facebook (FB.O) said on Thursday it had signed a preliminary copyright agreement with a French news publishers’ lobby group, paving the......

Shipwrecks of World War I are a seabed museum in Turkey

Reuters
SEDDULBAHIR, Turkey, Oct 2 (Reuters) – Turkey’s newest park is an underwater museum of fourteen shipwrecks that lie beneath the waves of the Dardanelles Strait, a glimpse into the fierce battles between Ottoman and Allied forces in World War I. Turkish photographer Savas Karakas was one of the first to......

Late Locatelli strike hands Juventus win over Torino in Turin derby

Reuters
TURIN, Oct 2 (Reuters) – Manuel Locatelli struck late to earn Juventus a 1-0 win over Torino in the Turin derby on Saturday, as the Old Lady stretched their winning run to four games in all competitions and kept a Serie A clean sheet for the first time in seven......

EV truck maker Rivian plans in-house battery cell manufacturing

Reuters
The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for customers who preordered the truck, in Mill Valley, California, U.S., January 25, 2020. REUTERS/Nathan Frandino/File Photo/File Photo SAN FRANCISCO, Oct 1 (Reuters) – Electric truck maker Rivian Automotive, which currently sources batteries from......

Overcoming criticism, Japanese princess set to marry on October 26

Reuters
TOKYO, Oct 1 (Reuters) – Japanese Princess Mako will marry her fiance, a former college classmate, on October 26, authorities said Friday, after years of intense scrutiny and criticism that cast her engagement in an unflattering light. The 29-year-old niece of Emperor Naruhito became engaged to Kei Komuro, 29, in......

Malaysia’s help needed to ease global chip shortage, Taiwan says

Reuters
A 12-inch wafer is seen at Taiwan Semiconductor Manufacturing Co. (TSMC) in Hsinchu June 15, 2010. REUTERS/Pichi Chuang TAIPEI, Oct 1 (Reuters) – Malaysia’s help is needed to resolve the global shortage of auto semiconductors, especially when it comes to packaging, a sector affected by the country’s COVID-19 curbs, Taiwan......

Former Olympics minister Suzuki to be next Japan finance minister – Yomiuri

Reuters
Japan’s Olympics Minister Shunichi Suzuki speaks at a news conference in Tokyo, Japan August 3, 2017. REUTERS/Kim Kyung-Hoon TOKYO, Oct 1 (Reuters) – Japan’s former Olympics minister Shunichi Suzuki is likely to be appointed finance minister in presumptive new Prime Minister Fumio Kishida’s cabinet, the Yomiuri daily reported, a key......

Disney resolves dispute with Scarlett Johansson over ‘Black Widow’ movie

Reuters
Scarlett Johansson poses on the red carpet during the Oscars arrivals at the 92nd Academy Awards in Hollywood, Los Angeles, California, U.S., February 9, 2020. REUTERS/Mike Blake LOS ANGELES, Sept 30 (Reuters) – Walt Disney Co (DIS.N) and actress Scarlett Johansson have resolved their legal dispute stemming from the release......

Foxconn strikes deal to acquire former Lordstown Ohio plant

Reuters
A Lordstown Motors beta version of its all electric pickup truck, the Endurance, is seen at the Lordstown Assembly Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook/File Photo WASHINGTON/DETROIT, Sept 30 (Reuters) – Global technology firm Foxconn will buy an assembly plant owned by U.S. electric vehicle startup......

Facebook research shows company knew of Instagram harm to teens, senators say

Reuters
Sept 30 (Reuters) – U.S. senators on Thursday grilled Facebook Inc (FB.O) on its plans to better protect young users on its apps, drawing on leaked internal research that showed the social media giant was aware of how its Instagram app harmed the mental health of teens. The hearing in......

H&M’s September sales dented by supply delays after profit tops pre-pandemic level

Reuters
H&M reports Q3 pretax profit of 6.1 bln SEK Sector recovering from slump as restrictions ease Global supply issues meant demand not fully met in September Shares unchanged STOCKHOLM, Sept 30 (Reuters) – Supply disruptions hampered H&M’s (HMb.ST) sales in September, the Swedish retailer said on Thursday, after its June-August......

Japan e-commerce giant Rakuten to list online bank

Reuters
The logo of Rakuten is pictured at the headquarters of Rakuten in Tokyo, Japan, May 15, 2019. REUTERS/Sam Nussey/File Photo TOKYO, Sept 30 (Reuters) – Japanese e-commerce firm Rakuten Group Inc (4755.T) said on Thursday it is preparing to list its online banking unit, raising funds as it soaks up......

Pandemic recovery fuels deal craze as third-quarter M&A breaks all records

Reuters
Global M&A hits all-time peak of $1.52 trillion in Q3 Cheap financing drives desire for transformative deals Volumes double in Europe driven by private-equity buyouts U.S. activity up 32% to $581 billion, Asia Pacific up 21% Frantic dealmaking surpasses all full-year records LONDON, Sept 30 (Reuters) – Global mergers and......

EXCLUSIVE The king of oil bets on batteries for a green world

Reuters
Alex Beard, head of oil at trading firm Glencore, looks on during an interview in Tlalnepantla, state of Mexico, Mexico, August 17, 2017. REUTERS/Ginnette Riquelme/File Photo Beard’s fund to invest in UK battery storage Batteries can cushion shocks and help power trading UK facing energy crisis LONDON, Sept 30 (Reuters)......

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