Corporate Dispatch

Apple says it will manufacture iPhone 14 in India

NEW DELHI, Sept 26 (Reuters) - Apple Inc said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away…

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Xbox and Minecraft: Education Edition partner with BBC Earth to create Frozen Planet II worlds

To celebrate the acclaimed nature programme, Frozen Planet II, Minecraft Education has partnered with BBC Earth to bring the icy splendour of the landmark show to Minecraft: Education Edition. Through…

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Garuda Indonesia files for Chapter 15 U.S. bankruptcy procedure – CEO

JAKARTA, Sept 26 (Reuters) - Flag carrier Garuda Indonesia GIAA.JK has requested that a court in New York recognise the airline's recent debt restructuring deal in a Jakarta court, under…

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MIA launches second edition of #AccountsForYou Awareness Campaign

The Malta Institute of Accountants has launched the second edition of the #AccountsForYou Awareness Campaign, as it seeks to encourage young students to discover more about the exciting and varied…

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Buy European, CEO of Airbus Helicopters urges military leaders

MARIGNANE, France (Reuters) - The head of Airbus Helicopters has urged Europe to back its domestic defence industry when launching major new military programmes, as a row simmers over U.S.…

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Microsoft survey reveals urgent pivots for leaders to help employees and organizations thrive

A major new survey from Microsoft shows that bosses and workers fundamentally disagree about productivity when working from home. Bosses worry about whether working from home is as productive as…

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Portugal’s TAP says hackers stole, published passengers’ personal data

LISBON, Sept 22 (Reuters) - Portugal's flag carrier TAP told customers on Thursday that hackers had stolen some of their personal data and published it on the dark web, although…

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All IAG’s airlines to post profit this year, CEO Gallego says

MADRID, (Reuters) - All the airlines owned by International Airlines Consolidated Group will end this year with a profit, CEO Luis Gallego said. IAG, which owns British Airways, Iberia, Vueling…

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Honda to cut car output by up to 40% in Japan on supply problems

TOKYO, Sept 22 (Reuters) - Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants in early October because of ongoing…

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Lidl GB raises staff pay for second time this year

LONDON, Sept 22 (Reuters) - German-owned discount supermarket Lidl GB has followed rivals in raising hourly pay rates for the second time this year as competition heats up to attract…

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Spain fines Delivery Hero’s Glovo $78 million for hiring breaches

MADRID, Sept 21 (Reuters) - Spain's labour ministry has fined Delivery Hero's local unit Glovo 79 million euros ($78 million) for violating a law requiring food delivery companies to formally…

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UPDATED: UK’s Sainsbury’s agrees 500 mln stg sale of stores to LXi REIT

LONDON, Sept 22 (Reuters) - British supermarket group Sainsbury's SBRY.L has exchanged contracts with LXi REIT LXIL.L on a deal to sell 18 stores in southern England for 500 million…

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Britain’s M&S raises staff pay for second time in 2022

LONDON, Sept 21 (Reuters) - Marks & Spencer on Wednesday became the latest British retailer to again raise pay for store workers amid a cost-of-living crisis and a tight labour…

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Apple to raise App Store prices in some countries in Europe, Asia

Sept 20 (Reuters) - Apple Inc said it will raise prices of apps and in-app purchases on its App Store from next month in all of the euro zone and…

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Language Interpretation is now Generally Available (GA) in Microsoft Teams Meetings

Language interpretation is now Generally Available (GA) for Microsoft Teams Meetings. This feature was built to support customers and users who need to communicate in the virtual world across languages.…

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Uber investigating ‘cybersecurity incident’ after report of breach

(Reuters) - Uber Technologies Inc said it was investigating a cybersecurity incident, after a report that its network was breached and the company had to shut several internal communications and…

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Ryanair’s O’Leary in talks to remain CEO until 2028

Sept 15 (Reuters) - Ryanair Chief Executive Michael O'Leary is in talks on a new contract that could keep him at the airline until 2028 and hopes to sign the…

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Patagonia founder gives away company to help fight climate crisis

(Reuters) - Yvon Chouinard, the billionaire founder of the outdoor apparel brand Patagonia, said he is giving away the company to a trust that will use its profit to fight…

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UPDATED: Sale of Lufthansa Technik stake draws interest from financial investors – source

BERLIN, Sept 15 (Reuters) - Lufthansa's plan to sell a stake in its aircraft maintenance business Lufthansa Technik has drawn more interest from financial investors than rival engineering firms, a…

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Google loses challenge against EU antitrust decision, other probes loom

LUXEMBOURG, Sept 14 (Reuters) - Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android…

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Former Fortune 500 Executive joins EBO

EBO has appointed Mr. Bob Gilkes as its Chief Commercial Officer responsible for its key sectors and territories. This appointment occurs as EBO, a leader in customer engagement through AI,…

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Lufthansa 100% privately owned again after COVID bailout

BERLIN, Sept 14 (Reuters) - The German government has sold all of its remaining shares in Lufthansa , the airline said on Wednesday, meaning that the company is now back…

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Air India to expand fleet with 30 Boeing and Airbus jets

NEW DELHI, Sept 12 (Reuters) - Tata Group-owned Air India said on Monday that it will lease 30 Boeing and Airbus aircraft, expanding its fleet by more than 25%. Air…

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Iberdrola to guarantee gas and power to vulnerable customers for five months

Sept 12 (Reuters) - Iberdrola, will guarantee gas and power supply for five months to customers in Spain who are deemed vulnerable by humanitarian group the Red Cross, after which…

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Electrolux to cut costs as inflation hits demand

COPENHAGEN, Sept 12 (Reuters) - Sweden's Electrolux plans to start a cost-cutting programme in response to softer than expected demand and weak earnings against a backdrop of high inflation, it…

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Lufthansa and pilots’ union agree strike truce, pay rise

FRANKFURT, Sept 12 (Reuters) - German pilots at flagship carrier Lufthansa have agreed not to strike until mid-2023 under an initial wage dispute agreement that includes a 980-euro ($998.23) pay…

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French glassmaker Duralex stops production over ‘brutal, crazy’ energy costs

LA CHAPELLE SAINT MESMIN, France, (Reuters) - French tableware maker Duralex, whose sturdy drinking glasses are ubiquitous in schools and corporate canteens, will stop production for at least four months…

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Aer Lingus check-in and boarding at Dublin hit by IT glitch

LONDON, Sept 10 (Reuters) - Aer Lingus confirmed on Saturday that connection problems in its reservation systems were impacting check-in and boarding processes at Dublin Airport. "This may cause some delay and…

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Apple lovers in some Asian countries to pay more for iPhone 14

SINGAPORE, Sept 8 (Reuters) - Apple Inc AAPL.O on Wednesday kept prices for its latest iPhone stable in the United States, but raised prices in some Asian countries where currencies…

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Instagram to scale back shopping features amid commerce retreat

(Reuters) - Meta Platforms Inc's Instagram is planning to drastically scale back its shopping features as it shifts the focus of its e-commerce efforts to those that directly drive advertising,…

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Honda to slash output by up to 40% at Japan plants due to supply snag

TOKYO, Sept 8 (Reuters) - Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for the rest of the month…

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Movie chain operator Cineworld files for U.S. bankruptcy

(Reuters) - Britain's Cineworld Group filed for bankruptcy protection in the United States as the world's second-largest cinema chain operator struggles to rein in its massive debt. The Chapter 11…

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FACTBOX – Apple launches iPhone 14 with emergency satellite messaging, adventure watch

Sept (Reuters) - Apple Inc just launched its latest iPhone series with an improved camera and satellite messaging for emergencies, while also unveiling a rugged watch targeting sports enthusiasts. The…

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07

Sep

Eni buys BP’s business in Algeria to secure more African gas

MILAN, Sept 7 (Reuters) - Italian energy group Eni said on Wednesday it had agreed to acquire BP's BP.L business in Algeria, including two major gas fields. Eni said it…

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Apple to appeal Brazil sales ban of iPhone without charger

SAO PAULO, (Reuters) - Apple Inc said it will appeal a Brazilian order banning it from selling iPhones without a battery charger, pushing back on claims that the company provides…

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Finnair to cut costs, reduce fleet to return profitable

HELSINKI, Sept 7 (Reuters) - Finnair FIA1S.HE will reduce its fleet, cut costs and seek to build a geographically more balanced network, the Finnish national carrier said in a new…

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Students, Concession Tallinja Card Holders No Longer Need To Top Up Card

Malta Public Transport announced that students and concession Tallinja card holders who currently use public transport for free are no longer required to top up their Tallinja Cards as of…

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Microsoft combat goggles win first U.S. Army approval for delivery

The US Army is taking delivery of a first batch of high-tech combat goggles made by Microsoft Corp., citing encouraging results from testing in the field. Assistant Secretary for Acquisition Douglas…

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Rolex Hikes Watch Prices by 5% in UK

Rolex raised prices for its watches in the UK after the value of the pound fell against the US dollar to near the lowest level in more than three decades.…

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Disney mulls membership program to offer discounts and perks

(Reuters) - Walt Disney Co is exploring a membership program that could offer discounts or perks to encourage customers to spend more on its streaming services, theme parks, resorts and…

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Hapag-Lloyd spending big money on fleet, eyes port invest

HAMBURG, Sept 2 (Reuters) - German container shipper Hapag-Lloyd HLAG.DE is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to extend its…

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Ryanair passenger numbers hit new all-time high in August

DUBLIN, Sept 2 (Reuters) - Ryanair in August flew a record number of passengers for the fourth month in a row as it continued to consolidate its position as Europe's…

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UPDATED: Lufthansa cancels hundreds of flights as pilots strike over pay

FRANKFURT, Sept 2 (Reuters) - Pilots at Lufthansa LHAG.DE went on strike on Friday, forcing the German airline to cancel hundreds of flights, stranding holidaymakers. The airline said it had…

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Dubai’s Emirates to resume Lagos flights after Nigeria releases funds

DUBAI, Sept 1 (Reuters) - Emirates will resume some flights to Nigeria this month after the Central Bank of Nigeria released a portion funds the Dubai airline had earned in…

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UPDATED: Lufthansa : 800 flights to be cancelled Friday

BERLIN, Sept 1 (Reuters) - About 800 flights in Frankfurt and Munich will be cancelled on Friday due to a pilots strike, with 130,000 passengers likely affected, said Germany's flagship…

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Emirates airline says carried 10 million passengers over the summer

DUBAI, Aug 31 (Reuters) - Dubai's Emirates airline said on Wednesday it carried over 10 million passengers on nearly 35,000 flights this summer. The airline said it operated services to…

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UK’s John Lewis to recruit 10,000 Christmas staff, with free meals bonus

LONDON, Aug 31 (Reuters) - John Lewis said it would recruit 10,000 Christmas staff for its department stores, Waitrose supermarkets and online operations, adding that all its workers would receive…

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Pilots at Lufthansa’s Eurowings vote in favour of strike action

BERLIN, Aug 31 (Reuters) - Pilots at Lufthansa's subsidiary Eurowings voted in favour of strike action on Wednesday but first want to continue wage negotiations with their employer, said pilots'…

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Italy picks Certares-led bid for exclusive ITA Airways talks

MILAN, Aug 31 (Reuters) - Italy's government has picked a bid by U.S. private equity fund Certares and backed by Air France-KLM and Delta Air Lines Inc to start exclusive…

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Ryanair ‘hopeful’ of return to pre-COVID profit level this year

LONDON (Reuters) - Ryanair is hopeful but not certain of returning to pre-COVID profit levels of over 1 billion euros ($1 billion) this year as travelers trade down to low-cost…

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IKEA stores owner buys 49% stake in Swedish wind power projects

STOCKHOLM, Aug 29 (Reuters) - Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy a 49% stake in three wind development projects offshore Sweden…

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IAG’s Spanish airline Iberia Express cancels 92 flights amid strike

MADRID, Aug 26 (Reuters) - IAG's low-cost airline Iberia Express has cancelled 92 flights after cabin crew union USO announced a 10-day strike starting Aug. 28, a union statement said…

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Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

(Reuters) - U.S wireless carrier T-Mobile US Inc will use Elon Musk-owned SpaceX's Starlink satellites to provide mobile users with network access in parts of the United States, the companies…

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Jack Dorsey says his biggest regret is Twitter became a company

(Reuters) - Twitter founder and former chief executive Jack Dorsey tweeted Thursday that he regrets the social media platform became a company. "The biggest issue and my biggest regret is…

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Europe’s Wizz Air considering a Saudi operating license

RIYADH, Aug 25 (Reuters) - European budget carrier Wizz Air is considering basing an airline in Saudi Arabia as part an agreement signed with the government this year to develop the kingdom's…

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Italian group Eni aims invest in Libyan gas output

MILAN (Reuters) - The chief executive of Eni has told the chairman of Libya's National Oil Corporation (NOC) that the Italian energy group wants to launch new investments to increase…

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Sony hikes PS5 price

TOKYO, Aug 25 (Reuters) - Sony Group Corp said on Thursday it was hiking the price of its PlayStation 5 games console in markets including Europe, Japan and Britain following…

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