Workers at Amazon’s main Italian hub, German warehouses strike on Black Friday
MILAN (Reuters) – Workers at Amazon’s main distribution hub in Italy are planning their first ever strike for Friday, trade unions said, while they are also striking at six warehouses in Germany, threatening to disrupt one of the year’s busiest shoppin…
Airbus CEO questioned in Kazakh deal investigation: reports
PARIS (Reuters) – French anti-corruption investigators questioned Airbus Chief Executive Tom Enders and three other company executives as witnesses in an investigation centered on the sale of satellites to Kazakhstan in 2010, according to media report…
How ‘princess’ of Angola lost her oil crown
LUANDA/LONDON (Reuters) – On Oct. 6, with the dust still settling on Angola’s first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda.
ThyssenKrupp lifted by record orders as shifts from steel
ESSEN, Germany (Reuters) – Demand for next-generation lifts and car components enabled Thyssenkrupp to report its highest annual order intake in five years as the German firm slowly exits steelmaking.
Lyft raises another $500 million in additional round of funding
The additional funding round, led by Alphabet Inc’s CapitalG, is an extension of the $1 billion round announced in October.
China stocks suffer mauling, Fed leaves dollar in a daze
LONDON (Reuters) – The dollar was on the defensive Thursday, a day after its worst drubbing in five months, as the biggest slump in Chinese stocks in almost two years took the shine off another record high in a global equities bull run.
Teva Pharmaceutical set for major layoffs in Israel, U.S.: report
TEL AVIV (Reuters) – Teva Pharmaceutical Industries is expected to cut 20-25 percent of its workforce in Israel, where it employs 6,860 people, and a few thousand more jobs are to go in the United States, financial news website Calcalist said on Thurs…
Amazon starts Australian trial after months of hype
SYDNEY (Reuters) – Amazon.com Inc’s Australian arm began an order-taking trial on Thursday, giving life to the hype which has preceded its arrival in the world’s No. 12 economy and weighed on the shares of the brick-and-mortar retail sector.
Cathay Pacific’s pilots plan levy as buffer against action by airline
SINGAPORE (Reuters) – Cathay Pacific Airways Ltd’s pilots will vote on whether to raise funds as a buffer against any actions the loss-making Hong Kong airline takes against them such as unilateral benefit changes or job losses, according to the pilot…
Tesla cranks up big battery in Australia
MELBOURNE (Reuters) – Tesla Inc has completed construction of the world’s largest lithium ion battery in Australia, putting it on track to meet a 100-day deadline for switching the battery packs on, the South Australian government said on Thursday.
