Ethiopian crash families criticize Boeing over donation plan
The families of victims of an Ethiopian air disaster on Thursday criticized Boeing’s plan to donate $100 million to unspecified charities and communities affected by two crashes, saying it was too vague and that families should have been consulted firs…
William Hill to close British betting shops, cut jobs after curbs
William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the “crack cocaine” of gambling by their critics.
Factbox: British bookmakers cut back after fixed-odds machine curbs
Gambling company William Hill plans to close 700 betting shops, putting 4,500 jobs at risk, after Britain in April cut the maximum stake on fixed-odds betting terminals.
Illycaffe chairman says open to partnership to expand cafe network
Italian premium coffee maker illycaffe is open to a strategic partnership to help accelerate the growth of its retail network and could consider selling a minority stake for the first time in its 86-year history, Chairman Andrea Illy told Reuters.
William Hill to shut 700 British betting shops after curbs
William Hill plans to cut about a third of its betting shops and jobs in Britain after the government slashed the maximum stake permitted on fixed-odds terminals, dubbed the “crack cocaine” of gambling by their critics.
Collapsing bond yields push world stocks to new highs
Government bonds held near multi-year lows on Thursday on bets the U.S. Federal Reserve would cut interest rates this month and that other major central banks would embrace looser monetary policy, pushing world stocks to new 18-month highs.
Oil prices dip on signs of slowing U.S. demand, economic concerns
Oil prices fell on Thursday, weighed down by data showing a smaller-than-expected draw on U.S. crude stockpiles along with worries about the global economy.
South Korea says may retaliate against Japan high-tech export curbs
South Korea said on Thursday it may retaliate against Japan’s latest export limits on high-tech materials, as a row over forced wartime labor threatened to disrupt global supplies of memory chips and smartphones.
William Hill to shut 700 betting shops in blow to British jobs
William Hill plans to close 700 of its 2,300 British betting shops, putting about 4,500 jobs, a third of its workforce, at risk after the government cut the maximum stake on fixed-odds betting terminals to tackle problem gambling.
BMW and Daimler team up on automated driving
Some 1,200 developers at BMW and Daimler will team up to develop automated driving technology, the companies said on Thursday, the latest carmakers forced to pool their development resources at a time of shrinking margins.
