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61-70 results from 1000 for query «business»

December 4, 2018 11:25 AM Chief at Alibaba video site Youku steps down amid corruption probe

BEIJING (Reuters) - The president of Alibaba Group Holding Ltd’s video streaming service, Youku, has stepped down and is believed to be talking to Chinese authorities as part of a potential corruption case, the company said on Tuesday. The abrupt departure comes amid a wider reshuffle of Alibaba executives as the company shores up its leadership following 144

December 4, 2018 8:37 AM Sharp contractors axe 3,000 staff as iPhone sensor output shifts: union

TOKYO (Reuters) - Nearly 3,000 foreign workers subcontracted to Sharp Corp have been laid off in central Japan, a labor union said, as the firm moves production of some sensors for Apple iPhones to a Chinese plant owned by its parent Foxconn. The labor union said some of the laid off workers were its members. The union is in Mie Prefecture in central 131

December 3, 2018 10:53 AM Kareem Hunt incident: Chiefs players react after win over Raiders

Former Kansas City Chiefs running back Kareem Hunt was released from his team after he admitted to lying about his role in an alleged assault. Kansas City Chiefs players discussed former teammate Kareem Hunt after their 40-33 win over the Oakland Raiders on Sunday. Hunt was released by the team earlier this week after a video surfaced appearing to show Hunt’s 153

December 3, 2018 9:27 AM Grab invests $100 million in Indian hotel startup OYO: source

(Reuters) - Singapore-based ride-hailing firm Grab has invested $100 million in Indian hotel-reservations startup OYO, a source with knowledge of the matter told Reuters on Monday. The investment by Grab is part of the $1 billion fund raise OYO announced in September in a bid to grow its business in India and China, and expand into new international 144

November 29, 2018 6:47 AM Japan central banker mum on alleged involvement in Ghosn transaction

FUKUOKA, Japan (Reuters) - A Bank of Japan board member declined on Thursday to comment on a media report that she was involved in an alleged attempt by former Nissan chairman Carlos Ghosn to shift personal investment losses to the automaker during her time at a commercial bank. Japanese tabloid Shukan Bunshun reported on Thursday that as an executive 95

November 27, 2018 3:46 PM US consumer confidence slips in November but is still strong

FILE- In this Friday, Nov. 23, 2018, file photo, shoppers enter and take their shopping carts during a Black Friday sale at a Target store in Newport, Ky. On Tuesday, Nov. 27, the Conference Board releases its November index on U.S. consumer confidence. (AP Photo/John Minchillo, File) WASHINGTON – U.S. consumer confidence slipped this month but remains 82

November 27, 2018 12:30 AM Tencent, Line to tie up in Japan mobile payment services: Nikkei

TOKYO (Reuters) - Tencent Holdings Ltd and Japanese chat app operator Line Corp will tie up to offer mobile payment services for small Japanese retailers aiming to attract business from Chinese tourists, the Nikkei business daily reported on Tuesday. Line will start offering mobile payment services with leased terminals compatible with Tencent’s WeChat 136

November 26, 2018 2:57 PM Airbus hints at decision on proposed A321XLR jet next year

TOULOUSE, France (Reuters) - The incoming chief executive of Europe’s Airbus hinted on Monday at a decision next year on whether to launch the A321XLR, a longer-range version of its best-selling A321 single-aisle jet. Asked on the sidelines of a delivery ceremony in Toulouse whether Airbus planned to launch the proposed new variant, planemaking chief 100

November 26, 2018 7:19 AM Nissan says CEO did not mention need to review alliance equity structure

TOKYO (Reuters) - Nissan Motor Co said Chief Executive Officer Hiroto Saikawa did not mention a need to review the automaker’s equity partnership with French partner Renault SA at a town hall meeting he held with staff on Monday morning. Nissan made the comment after the Nikkei business daily quoted Saikawa as telling employees that Nissan’s “tie-up 110

November 26, 2018 12:42 AM Venezuela settles $1.2 billion creditor claim to protect Citgo

(Reuters) - Cash-strapped Venezuela settled a $1.2 billion arbitration claim that will protect its crown jewel foreign asset, the Houston-based Citgo Petroleum Corp refining business, from being stripped away by a creditor, according to Canadian court documents. The deal with Crystallex International Corp suspends the Canadian mining company’s push for a court-ordered 98