Corporate Dispatch
Microsoft taps DeepMind co-founder Suleyman to spearhead consumer AI push
Microsoft has appointed DeepMind co-founder Mustafa Suleyman as the head of a newly created consumer AI unit and hired several employees of…
Lufthansa wants to close deal with ITA as soon as possible, CEO says
BRUSSELS, March 20 (Reuters) - Lufthans to close a deal with Italy's ITA Airways "as soon as possible," Lufthansa's Chief Executive told…
Zara workers to protest outside Spanish stores after record profit
MADRID (Reuters) - Workers at Zara owner Inditex' stores plan to protest in eight major Spanish cities on Friday to demand better…
Mcdonald’s Marks Global Recycling Day In Malta
Premier Restaurants Malta, which operates McDonald’s on the island, has reduced 15 tonnes of plastic waste in 2023 as part of its…
EasyJet forecasts 8% capacity growth this summer
BIRMINGHAM, March 18 (Reuters) - Easyjet expects to achieve 8% capacity growth this summer helped by deliveries of new aircraft, the highest…
Hilton to buy Graduate Hotels in first brand acquisition since 1999
(Reuters) - Hilton said this week it will buy Graduate Hotels from Adventurous Journeys Capital Partners for $210 million, marking its first…
Rivals Nissan and Honda sign MoU on EV partnership
By Maki Shiraki and Anton Bridge TOKYO, March 15 (Reuters) - Japanese auto rivals Nissan Motor and Honda Motor are considering a…
Microsoft singles out Google’s competitive edge in generative AI
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet unit Google enjoys a competitive edge in generative artificial intelligence due to its trove…
Swisscom to buy Vodafone Italia in 8-bln-euro deal
March 15 (Reuters) - Swisscom said on Friday it will buy Vodafone Italia for 8 billion euros ($8.70 billion)to merge the business…
Hyundai and Kia to recall nearly 170,000 EVs over software problem in South Korea
Hyundai Motor Co 005380.KS and sister company Kia Corp 000270.KS will recall about 170,000 electric vehicles (EVs) in South Korea over problems…
Microsoft and Oracle expand partnership to satisfy global demand for Oracle Database@Azure
Microsoft Corp. and Oracle are expanding our collaboration to meet growing customer demand for Oracle Database@Azure around the world. Oracle Database@Azure will…
Rheinmetall hails ‘new decade’ as defence spending drives up sales
By Rachel More BERLIN, March 14 (Reuters) - German arms manufacturer Rheinmetall said on Thursday it expected record sales and increased profitability…