FILE PHOTO: Mike Coupe, the CEO of Sainsbury’s leaves 10 Downing Street in London, Britain June 7, 2018. REUTERS/Toby Melville January 22, 2020 LONDON (Reuters) – Mike Coupe will step down as CEO of Sainsbury’s <SBRY.L> at the end of May after six years at the helm, with Britain’s second […]
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Facebook spurred central banks to study digital currencies: former Japan central banker
FILE PHOTO: Representations of virtual currency are displayed in front of the Libra logo in this illustration picture, June 21, 2019. REUTERS/Dado Ruvic January 22, 2020 By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The challenge posed by Facebook’s Libra cryptocurrency likely prodded major central banks to set up […]
Hyundai Motor returns to profit in fourth-quarter as SUV sales boost margins
FILE PHOTO: Hyundai introduces its Vision T concept car at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Andrew Cullen January 22, 2020 SEOUL (Reuters) – South Korea’s Hyundai Motor Co <005380.KS> swung to a fourth-quarter profit from a loss a year earlier, helped by brisk […]
Netflix forecasts tough start to 2020; Disney+ going global
FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. REUTERS/Mike Blake/File Photo January 22, 2020 By Helen Coster and Neha Malara (Reuters) – Netflix Inc has entered a new year that will be far tougher than the one it left behind. International […]
Airlines scour the world for scarce 737 MAX simulators
An inside view of the Icelandair Boeing 737 MAX training simulator in the TRU Flight Training Iceland in Reykjavik, Iceland January 17, 2020. Picture taken January 17, 2020. REUTERS/Geirix January 22, 2020 By Allison Lampert, Jamie Freed and David Shepardson MONTREAL/SYDNEY/WASHINGTON (Reuters) – Airlines are scrambling to book time in […]
China virus death toll rises to nine as pandemic fears mount
FILE PHOTO: A woman with mask passes by thermal screening point at international arrival terminal of Kuala Lumpur International Airport in Sepang, Malaysia, January 21, 2020. REUTERS/Lim Huey Teng January 22, 2020 By Cate Cadell and David Stanway BEIJING/SHANGHAI (Reuters) – The death toll from a new flu-like coronavirus in […]
Stuck in Washington, 2020 Democratic senators send family, Ocasio-Cortez to barnstorm Iowa
FILE PHOTO: Democratic 2020 U.S. presidential candidate and U.S. Senator Bernie Sanders (I-VT) speaks during a campaign event in Des Moines, Iowa, U.S., January 20, 2020. REUTERS/Shannon Stapleton January 22, 2020 By Sharon Bernstein (Reuters) – Bernie Sanders scrapped Iowa campaign appearances, Amy Klobuchar sent campaign representatives to “hot dish” […]
Police clash with some protesters in renewal of Colombia demonstrations
Demonstrators take part in a protest against the government of Colombia’s President Ivan Duque, in Bogota, Colombia, January 21, 2020. REUTERS/Luisa Gonzalez January 22, 2020 BOGOTA (Reuters) – Colombian police clashed with small numbers of protesters and some public transport infrastructure was damaged in Bogota on Tuesday after a renewal […]
Australian consumer gloom worsens amid devastating bushfires
FILE PHOTO: Shop assistants restock a supermarket as the store uses generators to restore power in Batemans Bay, NSW, Australia January 5, 2020. REUTERS/Tracey Nearmy January 22, 2020 By Swati Pandey SYDNEY (Reuters) – Australian consumer pessimism deepened in January as households fretted about the economic impact of devastating bushfires […]
Judge dismisses defunct startup Sidecar’s 2018 lawsuit against Uber
FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. Picture taken December 12, 2019. REUTERS/Luisa Gonzalez/File Photo January 22, 2020 (Reuters) – Uber Technologies Inc <UBER.N> on Tuesday prevailed in a lawsuit accusing it of driving a smaller rival out of business through predatory […]