Corporate Dispatch

Strike wave looms over Germany’s Lufthansa in wage talks

Frankfurt, Jan 22 (Reuters) - The German train drivers' union GDL announced a six-day nationwide strike on Monday, confronting Deutsche Bahn with the longest strike in its history, and further…

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Microsoft To Store All Cloud Users’ Personal Data In The EU

In a decisive step that ensures that its cloud services respect European values and meet the specific requirements of its commercial and public sector customers in Europe, Microsoft has announced…

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UK parcel firm disables AI after poetic bot goes rogue

A parcel delivery firm in Britain has disabled the artificial intelligence (AI) function in its online chat systems after a frustrated user coaxed the system into composing a poem about…

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US authorities say more Boeing 737 planes should get checks after MAX 9 incident

By David Shepardson WASHINGTON, (Reuters) - The U.S. Federal Aviation Administration late Sunday recommended airlines operating Boeing 737-900ER jets inspect door plugs to ensure they are properly secured after some…

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First KitKat using cocoa from the Nestlé Income Accelerator launches in Europe

Nestlé has introduced the first KitKat made with cocoa mass from beans grown by farmer families engaged in the company's income accelerator. This KitKat aims to connect consumers with the farmers…

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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 of this year, resulting in up to 2,800…

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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 avoid the Red Sea due to attacks on…

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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 operating system, domestic financial media Caixin reported, as…

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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 of vessels away from the Red Sea are…

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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 in the Red Sea stymied logistics pathways because…

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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, citing an internal memo. Pichai said in the…

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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 global shipping caused by the attacks on vessels…

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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), of its fixed-line network to U.S. fund KKR…

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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 due to delays in the delivery of raw…

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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 combined capacity of 3.4 million containers (TEU), the…

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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 shortage of shipping containers in Asia in the…

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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 resume domestic factory operations after it halted all…

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Passenger numbers at Spain’s Aena airports hit record high in 2023

(Reuters) - Passenger traffic at Spain's Aena airports hit a record high last year as tourism rebounded strongly after several years of disruption caused by the pandemic. The number of…

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Ryanair to expand flights from Berlin in summer

Budget airline Ryanair is expanding its flight schedule from Berlin in the summer, according to the local government. Flights to Italy, for example, will be increased by up to 47%,…

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Microsoft edges out Apple as world’s most valuable company

By Noel Randewich (Reuters) - Microsoft's stock market value ended a trading session higher than Apple's for the first time since 2021 on Friday, making it the world's most valuable…

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Brussels Airlines pilots to go on 24 hours strike starting Saturday – Belga

BRUSSELS, Jan 12 (Reuters) - Pilots of Lufthansa unit Brussels Airlines will go on a 24-hour strike starting Saturday morning, local news agency Belga reported on Friday, citing unions.

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Disney studio Pixar poised to cut jobs, number undecided -source

Jan 11 (Reuters) - Walt Disney's Pixar Animation Studios is set to cut jobs as the studio has completed production on some shows and now has more staff than it…

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12

Jan

Airbus lands record orders in 2023, beats Boeing on deliveries

By Joanna Plucinska and Dagmarah Mackos (Reuters) - Airbus reported record annual jet orders and confirmed an 11% rise in 2023 deliveries , maintaining the top manufacturing spot against rival…

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Maersk to bypass Panama Canal amid drought

Jan 11 (Reuters) - A.P. Moller-Maersk .CO will use rail transport to avoid the drought-hit Panama Canal, the Danish shipping giant said late on Wednesday, as low water levels have…

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Microsoft offers to store all personal data of cloud customers in EU

STOCKHOLM, Jan 11 (Reuters) - Microsoft said on Thursday its European Union cloud customers would be able to process and store all personal data in the region as part of…

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Google lays off hundreds in Assistant, hardware, engineering teams

By Gursimrankaur Mehar and Jyoti Narayan Alphabet's Google said it is laying off hundreds of employees across multiple teams, with Fitbit co-founders James Park and Eric Friedman also leaving the…

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UPDATED: Ryanair passengers have shown no concern over Boeing jets, says CEO

BERLIN, Jan 11 (Reuters) - Ryanair passengers have not shown any concern about flying on Boeing 737 aircraft since the grounding of some 737 MAX jets after a cabin panel…

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STMicroelectronics to reorganise into two product groups

Chipmaker STMicroelectronics said on Wednesday that it would set up a new structure for its organisation, with two new product groups focusing on areas such as sensors and digital products.…

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Boeing CEO admits error, says mid-air blowout ‘can never happen again’

By David Shepardson, Valerie Insinna and Tim Hepher WASHINGTON, (Reuters) - Boeing CEO Dave Calhoun acknowledged errors by the U.S. planemaker as more than 170 jets remained grounded for a…

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Britain’s BT to turn street cabinets into EV charging points

LONDON, (Reuters) - BT, Britain's biggest telecoms group, said it would convert the first of its street cabinets traditionally used to house cabling to an electric vehicle (EV) charging unit…

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Mid-air blowout puts Boeing back in the hot seat

By Valerie Insinna and Tim Hepher WASHINGTON, (Reuters) - A mid-air blowout has put jetmaker Boeing in the exact place investors and management hoped it would avoid - back in…

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Microsoft, Qcells strike massive supply deal for US-made solar panels

By Nichola Groom Jan 8 (Reuters) - South Korea's Qcells on Monday said it will supply Microsoft with 12 gigawatts of American-made solar panels through 2032 in what the companies…

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DHL Group: advise clients to tweak inventory plans in light of Red Sea disruption

DUESSELDORF, Jan 8 (Reuters) - German logistics company DHL Group on Monday said it was advising customers to take a close look at how they manage warehouse inventories as shippers…

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UPDATED: US investigators recover key part from Alaska Airlines 737 MAX jet

By David Shepardson, Valerie Insinna and Tim Hepher WASHINGTON, Jan 8 (Reuters) - The U.S. National Transportation Safety Board (NTSB) said late on Sunday the "key missing component" from the…

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US grounds some Boeing MAX planes for safety checks; Turkish Airlines temporarily halts 737 MAX 9 planes

SEOUL, Jan 7 (Reuters) - Turkish Airlines has withdrawn its five Boeing 737 MAX 9 aircraft from service for inspection, company spokesperson Yahya Üstün said on social media platform X.…

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UK supermarket Sainsbury’s to spend 200 mln stg raising workers pay

LONDON, Jan 4 (Reuters) - British supermarket group Sainsbury's said on Thursday it would invest 200 million pounds ($254 million) to raise the pay of 120,000 workers to a level…

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Carrefour says it will not sell PepsiCo goods due to price hikes

By Piotr Lipinski PARIS, Jan 4 (Reuters) - Carrefour is telling customers it will no longer sell PepsiCo products like Pepsi, Lay's crisps and 7up because they had become too…

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Microsoft announces AI key on Windows 11 PCs

Microsoft has announced the biggest change to its keyboards in three decades with the introduction of an artificial intelligence (AI) key. The key will allow users to access Copilot, Microsoft's…

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Aldi UK and Lidl GB report record Christmas sales

Aldi UK and Lidl GB reported record Christmas trading on Tuesday, with sales at Aldi rising 8% in the four weeks to Dec. 24 to top 1.5 billion pounds ($1.91…

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Ryanair says online travel agents remove flights, sees no impact on profit

DUBLIN, Jan 3 (Reuters) - A number of online travel agents stopped selling Ryanair RYA.I flights in early December following legal and regulatory pressure, but the move is not expected…

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Discounters, Sainsbury’s and Tesco are UK Christmas winners – Kantar

Sainsbury's sales up 9.3% in 12 weeks to Dec. 24 - Kantar Tesco sales up 7.5% in 12 weeks to Dec. 24 - Kantar UK grocery inflation slows to 6.7%…

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Puma and BMW M Motorsport Unveil Iconic Limited-Edition Art Car Capsule Collection by Roy Lichtenstein

Global Sports Company PUMA and BMW M Motorsport announced their latest collaboration, bringing the world of automotive, art and fashion together. In celebration of the 100th anniversary of the legendary…

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Microsoft will finally make its mark in mobile

By Jennifer Saba Microsoft is finally answering the call on mobile. After missing out on much of the boom, the software goliath is in prime position to make up for…

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Adidas arrives on Roblox

Adidas launched the iconic three-stripes brand on Roblox, a global, immersive platform for communication and connection. The experience kicks off with pop-up stores, carrying officially licensed digital clothing and bespoke…

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Hershey is sued over lack of artistic detail on Reese’s candies

By Jonathan Stempel (Reuters) - Hershey has been sued by a Florida woman who said its holiday-themed Reese's peanut butter candies lack the artistic details shown on the packaging that…

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Hapag-Lloyd: will continue to divert vessels from the Suez Canal

BERLIN, Dec 29 (Reuters) - Hapag-Lloyd has decided to continue diverting its vessels around the Suez Canal for security reasons, a spokesperson for the German container shipper told Reuters on…

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Microsoft Edge saved $4 billion for shoppers in 2023

Microsoft has published some stats about the usage of its Edge browser globally in the year 2023. In a blog post, Microsoft has highlighted that Edge customers have engaged…

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Maersk to send almost all ships via Suez, schedule shows

By Louise Rasmussen Denmark's Maersk will sail almost all container vessels travelling between Asia and Europe through the Suez Canal from now on while diverting only a handful around Africa,…

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Amazon Prime Video to have ads in UK from February

Amazon is set to introduce adverts to its Prime Video streaming service from 5 February 2024. Customers in the UK and Germany will see "limited" ads unless they pay £2.99…

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Unique Baci Perugina installation in Milan

This Christmas Baci Perugina is illuminationg Piazza dei Mercanti in Milan to dedicate to all Italians messages of good wishes and affection. It will be an opportunity to support the…

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Mexico revives state airline Mexicana, aims fleet expansion in 2024

Mexico re-launched former state airline Mexicana de Aviacion on Tuesday, setting out plans to increase operations with 10 additional aircraft next year, the government said. During President Andres Manuel Lopez…

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Quality Street tops the list for Brit’s festive favourite

Quality Street has triumphed as the number one brand that Brits can’t imagine Christmas without, according to a recent survey by One Poll. The research unveiled Quality Street’s popularity, with…

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Lufthansa to scale back flight plan growth – CEO tells paper

Germany's flagship airline Lufthansa will not be able to expand its flight plan as much as planned as it struggles to crank up capacity amid unplanned engine overhauls and delivery…

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Pornhub owner pays $1.8 mln to resolve US probe of sex trafficking ties

By Luc Cohen NEW YORK,(Reuters) - The company that owns and operates adult entertainment websites including Pornhub.com will pay $1.8 million to the U.S. government to resolve a probe into…

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Coinbase secures crypto license in France amid broader global push

Cryptocurrency exchange Coinbase Global secured registration with the French markets regulator, as it seeks to expand globally under its Go Deep, Go Broad strategy. France's AMF watchdog has given Coinbase…

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De’ Longhi teams up with La Marzocco to boost coffee machine business

MILAN, Dec 22 (Reuters) - Italian home appliance maker De' Longhi has agreed to buy from its parent company a stake in high-end espresso machine manufacturer La Marzocco as it…

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EU needs more time to clear ITA Airways-Lufthansa deal – Italy FinMin

ROME, Dec 22 (Reuters) - Further months of talks are required to secure European Union approval of German carrier Lufthansa LHAG.DE buying a minority stake in Italian state-owned ITA Airways,…

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