Corporate Dispatch
Tata Steel to close UK blast furnaces with loss of up to 2,800 jobs
LONDON, Jan 19 (Reuters) - Tata Steel said on Friday it will close its two blast furnaces in Britain by the end…
Royal Caribbean, MSC cancel cruises due to Red Sea attacks
By Doyinsola Oladipo and Catarina Demony NEW YORK/MADRID, Jan 19 (Reuters) - Some cruise operators have cancelled or adjusted their itineraries to…
Huawei makes a break from Android with next version of Harmony OS – Caixin
SHENZHEN, China, Jan 19 (Reuters) - China's Huawei Technologies will not support Android apps on the latest iteration of its in-house Harmony…
Maersk says winter weather, Red Sea disruption cause congestion
Adds quote, background, detail in paragraphs 6-10 OSLO, Jan 18 (Reuters) - Weather-related disruption at ports in northern Europe and the diversion…
DHL CEO: air cargo capacity still available despite Red Sea pressures
By Victoria Waldersee DAVOS, SWITZERLAND, Jan 18 (Reuters) - German logistics giant DHL still has available air freight capacity even as attacks…
Google CEO tells employees to expect more job cuts this year – The Verge
(Reuters) - Google CEO Sundar Pichai told employees to expect more job cuts at the Alphabet-owned company this year, The Verge reported…
Maersk CEO sees Red Sea shipping disruption lasting ‘at least a few months’
By Jacob Gronholt-Pedersen and Megan Davies DAVOS, Switzerland, Jan 17 (Reuters) - Maersk CEO Vincent Clerc said on Wednesday the disruption to…
Italy government clears Telecom Italia network sale to KKR
MILAN, Jan 17 (Reuters) - Italy's government has cleared Telecom Italia's (TIM) planned sale, worth up to 22 billion euros ($23.92 billion),…
Red Sea crisis forces Michelin to halt output in Spain next weekend
Four factories in Spain owned by French tyre maker Michelin are planning to halt output again on the weekend of Jan. 20-21…
Hapag-Lloyd, Maersk sign long-term collaboration deal
FRANKFURT, Jan 17 (Reuters) - Hapag-Lloyd and Maersk have signed an agreement for a new long-term collaboration starting February 2025 with a…
DHL CEO: Red Sea disruption could lead to shortage of containers
Jan 17 (Reuters) - Attacks on shipping vessels in the Red Sea and the resulting diversion of freight could lead to a…
Daihatsu says no time frame available for resumption of factory operations
TOKYO, Jan 17 (Reuters) - Toyota Motor's Daihatsu unit on Wednesday said it has no time frame available for when it can…