Amazon to start air delivery network with leasing deal
(Reuters) – Amazon.com Inc said on Wednesday it had signed a deal to lease 20 Boeing 767 widebody freighter aircraft to handle more of its own deliveries in the United States.
Uber seeks to lure cabbies in Africa expansion plan
NAIROBI (Reuters) – U.S.-based Uber plans to expand in Tanzania, Uganda and Ghana this year and will focus on convincing traditional taxi drivers to work for the ride-hailing service, Alon Lits, Uber’s general manager for sub-Saharan Africa, said.
Big U.S. banks to take on tech rivals with instant payments
NEW YORK (Reuters) – Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone.
Chesapeake mulls sale of assets in Oklahoma shale field: Bloomberg
(Reuters) – Chesapeake Energy Corp is considering selling some of its assets in Oklahoma’s Stack shale field, Bloomberg reported.
Societe Generale says to cut 550 jobs over five years
PARIS (Reuters) – French bank Societe Generale said on Wednesday it would shed 550 jobs over five years as part of consolidation of its 20 French client treatment centers into 15 sites.
Qatar Air says Pratt & Whitney engines not adequately tested
BERLIN (Reuters) – Qatar Airways stepped up its criticism of U.S. engine maker Pratt & Whitney over delays and technical problems on Wednesday, saying that engines for its Airbus A320neo aircraft had not been adequately tested.
Forget fracking. Choking and lifting are latest efforts to stem U.S. shale bust
(Reuters) – Something is awry in the beleaguered U.S. shale patch: older wells, which normally gush oil or natural gas in their first few months before rapidly depleting, are not petering out as quickly as they should.
U.S. wholesale stocks rise, seen hurting growth in 2016
WASHINGTON (Reuters) – U.S. wholesale inventories unexpectedly rose in January as sales tumbled, suggesting that efforts by businesses to reduce an inventory overhang could persist well into 2016 and restrain economic growth in the coming quarters.
Credit Suisse probed in Italy in tax evasion case: sources
MILAN (Reuters) – Credit Suisse Group is under investigation in Italy in connection with a case looking into allegations that the bank helped wealthy clients transfer undeclared funds offshore, Italian judicial sources said on Wednesday.
Siemens to cut oil and gas jobs amid wider hiring
FRANKFURT (Reuters) – German industrial group Siemens plans to cut about 2,500 jobs related to the oil and gas, metals and mining sectors – mostly in Germany – while pursuing a hiring drive to boost its digital industrial expertise, it said on Wednesda…
