MEXICO CITY (Reuters) – Mexican schools will not reopen when the academic year begins on August 24 in order to safeguard the health of students and teachers because cases of coronavirus are still too high, education minister Esteban Moctezuma said on Monday. T... More »
LONDON (Reuters) – Britain is closely watching rises in coronavirus cases in other European destinations such as France and Germany after slapping a 14-day quarantine on travellers from Spain at the height of the summer vacation season. The imposition of a Bri... More »
LONDON (Reuters) – Britain will drop its policy of requiring people returning from the Spanish Canary Islands or Balearics to quarantine for two weeks, the Sun newspaper said on Monday. On Saturday, Britain announced a 14-day quarantine on travellers from Spai... More »
HONG KONG (Reuters) – Tim Hortons China said Tuesday it received an investment from Chinese tech giant Tencent, as the Canadian coffee brewer seeks to expand in the Chinese market. Tim Hortons said in a statement on its Weibo it will use the funds to upgrade d... More »
JOHANNESBURG (Reuters) – Mobile operator Vodacom Group said on Monday it had switched on Africa’s first live 5G mobile network in three cities in South Africa, with further rollouts planned in other parts of the country. Vodacom was recently assigned temporary... More »
BEIJING (Reuters) – Starbucks on Monday said it has entered a strategic partnership with investment firm Sequoia Capital China that will see the two companies make strategic co-investments in China’s technology sector. The U.S. coffee giant said in a statement... More »
BEIJING (Reuters) – China is handing out billions of yuan in shopping coupons to support retailers crushed by the COVID-19 outbreak, but the subsidies are doing little to support the kind of discretionary spending needed to revive the economy. Instead, a big c... More »
LONDON (Reuters) – Sovereign wealth funds’ investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian bets, a report showed. But the move to mo... More »
LONDON (Reuters) – The frontrunner to be Britain’s next prime minister, Boris Johnson, came under renewed pressure on Sunday to explain the circumstances of a late-night row between him and girlfriend that led to the police being called to their home. Polls co... More »
(Reuters) – Amazon.com Inc is exploring using drones not just to deliver packages but also to provide surveillance as a service to its customers, according to a patent granted by the United States Patent and Trademark Office. The delivery drones can be used to... More »
NEW YORK (Reuters) – LVMH’s Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated sin... More »
DUBAI (Reuters) – Saudi Technology Ventures (STV) said on Tuesday Uber’s deal with Careem will help the Middle East ride hailing firm expand its customer base even further and continue to develop the regional economy. STV is a Careem investor and participated ... More »
(Reuters) – Uber Technologies Inc is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal told Reuters. Uber’s offer could be unveiled during the early part of this week, a third source added. Uber will p... More »
(Reuters) – Netflix Inc (NFLX.O) forecast first-quarter revenue slightly below Wall Street estimates on Thursday, even after a record quarter for new customers, sending shares of the world’s largest streaming service down 4 percent in after-hours trading. Inve... More »
(Reuters) – Hedge fund manager Carl Icahn is cashing out of casino business Tropicana Entertainment Inc (TPCA.PK) in a deal selling most of its properties and operations for $1.85 billion, Icahn Enterprises and the companies involved said in statements on Mond... More »
NEW YORK (Reuters) – Luxury U.S. automaker brands Cadillac and Lincoln both unveiled SUV models this week at the New York auto show to meet rising American demand, but also are keeping one eye on a growing Chinese appetite for the same vehicles, executives sai... More »
NEW YORK (Reuters) – Demand for sport utility vehicles in the United States is booming, but the number of new models vying for a share of that market is growing even faster, threatening the fat profits automakers have enjoyed. At the New York Auto show this we... More »
FILE PHOTO: Harvey Weinstein speaks at the UBS 40th Annual Global Media and Communications Conference in New York, NY, U.S., December 5, 2012. REUTERS/Carlo Allegri/File Photo (Reuters) – Weinstein Co’s board on Thursday met with a potential buyers’ group at t... More »
FILE PHOTO: A Heinz Ketchup bottle and a bottle of Kraft parmesan cheese are displayed in a grocery store in New York March 25, 2015. REUTERS/Eduardo Munoz (Reuters) – Kraft Heinz Co’s (KHC.O) quarterly profit and sales missed analysts’ estimates on Friday, hu... More »
TV "Hardball" host Chris Matthews was reprimanded after he was accused in 1999 of making inappropriate comments about a female employee, and the woman was given a separation payment, MSNBC said on Sunday. More »
A Prairie Home Companion, the U.S. radio variety show that Garrison Keillor presented for decades until his retirement last year, has been renamed "Town Hall," days after the raconteur was accused of sexual misconduct. More »
Restaurant chain Buffalo Wild Wings Inc (BWLD.O) has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter. More »
Chinese online content platform Bytedance said on Friday it would buy popular lip-sync platform Musical.ly, in a deal seen valued at up to $1 billion that underlines the global ambitions of the fast-growing tech startup. More »
HomeRenter, a new British online property lettings website backed by newspaper publisher Trinity Mirror is to be launched on Monday, offering to cut out the role of traditional letting agents and the hefty fees which they levy on tenants. More »
Netflix Inc added more subscribers than expected around the world in the third quarter and projected growth in line with Wall Street forecasts, saying it had a head start on rivals as internet television explodes globally. More »
Business activity in China's services sector grew at its slowest pace in 21 months in September as the pace of new business cooled, a private survey showed. More »
Shares of Switch Inc, which provides data center services to Amazon, eBay and JP Morgan among others, rose as much as 45 percent in their market debut on Friday, giving the company a market capitalization of more than $5.6 billion. More »
U.S. financial technology provider Fiserv made an improved offer for Monitise worth about 75 million pounds ($98 million) on Monday, hoping to secure backing from the British financial services technology group's investors. More »
The Grammys is looking to break into China, but it will have to do so without the help of some of its top stars - Justin Bieber and Lady Gaga among others - after it pledged to bring only well-behaved artists to meet Chinese censors' demands. More »
FILE PHOTO: Britain’s Home Secretary, Amber Rudd, arrives in Downing Street for a cabinet meeting, in central London, Britain June 20, 2017. Britain’s interior minister will use a visit to Silicon Valley on Tuesday to ask the world’s biggest social media and i... More »
Local villager Lazar, walks past murals on the wall of his house, depicting him and Britain’s Prime Minister Theresa May, in the village of Staro Zhelezare, Bulgaria, July 28, 2017. A group of young Polish artists are bringing a splash of colorful street art t... More »
The GM logo is seen in Warren, Michigan, U.S. on October 26, 2015. REUTERS/Rebecca Cook/File Photo Nissan Motor Co (7201.T) has fallen behind its top North American competitors in the health of its working relationships with suppliers while General Motors Co (... More »
FILE PHOTO – The 21st Century Fox logo is seen outside the News Corporation headquarters in Manhattan, New York, U.S. on April 29, 2016. REUTERS/Brendan McDermid/File Photo Twenty-First Century Fox Inc (FOXA.O), the television and film company controlled by Ru... More »
A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain, February 24, 2016. REUTERS/Albert Gea/File Photo/File Photo Yahoo’s European regulator said it is preparing to give the U.S. Internet company the results of an investigation in... More »
File photo: David Einhorn, founder and president of Greenlight Capital, speaks during the Sohn Investment Conference in New York May 4, 2015. REUTERS/Brendan McDermid Bayliss More »
Customers order meals on tablets and pick up food from cubbies at Eatsa, a restaurant in the financial district of San Francisco, California, U.S., September 28, 2016. REUTERS/Peter Henderson Fast food startup Eatsa is being sued by disability rights advocates... More »
Baidu Inc chief scientist Andrew Ng said on Wednesday he will resign from the Chinese search engine company after three years of leading its drive into artificial intelligence (AI) and augmented reality (AR) projects. More »
FILE PHOTO: People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in this illustration picture taken September 27, 2013. REUTERS/Kacper Pempel/Illustration/File Photo Twitter Inc (TWTR.N) said on Tuesday it had stepped... More »
A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration/Files Ride services company Uber Technologies Inc [UBER.UL] fo... More »
The Salesforce logo is pictured on a building in San Francisco, California, U.S. October 12, 2016. REUTERS/Lily Jamali Salesforce.com Inc (CRM.N) raised its revenue forecast for its full fiscal year to slightly above analysts expectations but lowered its outlo... More »
People carry bags outside a shopping mall on the last day of Christmas shopping in Berlin December 23, 2014. REUTERS/Hannibal Hanschke The German economy quadrupled its growth rate to 0.4 percent in the fourth quarter of 2016 as higher state spending, rising p... More »
The ticker symbol for Fitbit is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) February 23, 2016. REUTERS/Brendan McDermid Fitbit Inc forecast lower-than-expected revenue for the current quarter, underscoring the we... More »
A Sirius Satellite Radio unit is shown installed in a private vehicle in Washington February 20, 2007. REUTERS/Jason Reed Sirius XM Holdings Inc on Thursday won the dismissal of a New York copyright lawsuit over the satellite radio company’s playing of older s... More »
The Facebook logo is displayed on their website in an illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau Facebook Inc is launching an app for smart TVs that will help the social network’s users enjoy its videos on a bigger s... More »
The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has unexpectedly delayed the release of its quarterly earnings and details of a multi-billion dollar writedown to its nuc... More »
The logo of Toshiba Corp is seen as Window cleaners work on the company’s headquarters in Tokyo, Japan, February 14, 2017. REUTERS/Toru Hanai Japan’s Toshiba Corp (6502.T) said it has asked regulators to allow it to delay the release of its earnings, including... More »
The logo of Toshiba Corp. is seen at the company’s facility in Kawasaki, Japan February 13, 2017. Picture taken February 13, 2017. REUTERS/Issei Kato Toshiba Corp (6502.T) has delayed its earnings release, including details of a multi-billion charge related to... More »
Disney Princess Royal Shimmer Dolls are seen in this undated handout photo provided by Hasbro. REUTERS/Hasbro/Handout via Reuters Hasbro Inc (HAS.O), the No. 2 U.S. toymaker, bucked the glum holiday-quarter trend, as it reported better-than-expected quarterly ... More »
Planes stand on the tarmac during a pilots strike of German airline Lufthansa at Frankfurt airport, Germany, November 23, 2016. REUTERS/Ralph Orlowski German pilots union VC has announced further strikes at Lufthansa (LHAG.DE) for Tuesday and Wednesday this we... More »
Travel website operator Priceline Group Inc reported a 19 percent jump in quarterly revenue, driven by higher hotel bookings, sending its shares up 5.2 percent in extended trading. More »
3D-printed models of people are seen in front of a Facebook logo in this photo illustration taken June 9, 2016. REUTERS/Dado Ruvic/Illustration Facebook Inc (FB.O) shares tumbled 7 percent in after-hours trading on Wednesday as the world’s largest online socia... More »
A general view shows Bran Castle, also known as Dracula’s Castle, in the Carpathian mountains, 200km (124 miles) north of Bucharest, Romania in this May 19, 2006 file photo. Sorin Marinas More »
German carrier Air Berlin’s aircraft is pictured at Tegel airport in Berlin, Germany, September 29, 2016. REUTERS/Axel Schmidt/File Photo German carrier Air Berlin (AB1.DE) on Saturday said it had banned Samsung’s Galaxy Note 7 mobile phones from flights, whil... More »
Arianna Huffington, president and Editor-in-Chief of The Huffington Post Media Group attends a session at the World Economic Forum (WEF) in Davos January 25, 2014. REUTERS/Denis Balibouse Huffington Post co-founder Arianna Huffington said on Thursday she would... More »
BEIJING Baidu Inc’s CEO has called on employees to put values before profit in response to a scandal around the death of a student who underwent an experimental cancer treatment he found on the company’s search website. Before his death, student Wei Zexi, 21, ... More »
Ailing Viacom Inc (VIAB.O) controlling shareholder Sumner Redstone opposes Chief Executive Officer Philippe Dauman’s plan to sell a minority stake sale in Viacom’s Paramount Pictures movie studio, the Wall Street Journal reported on Monday. The report added to... More »
BEIJING China’s box office revenues grew 51 percent in the first quarter of 2016, Chinese state radio said on Sunday, although a ticketing scandal has cast doubt on the real size of the country’s booming movie market. Total sales of tickets in China were 14.5 ... More »
The E. coli outbreak that affected dozens of Chipotle Mexican Grill customers in nine states last year is expected to be declared over as soon as Monday, the Wall Street Journal reported, citing people familiar with the government’s investigation. Investigator... More »
Al Jazeera America, the cable television news outlet controlled by Qatar’s royal family, has issued a WARN (Worker Adjustment and Retraining Notification Act) notice, stating that it will lay off 197 employees with the shut down of its operations in America. T... More »
HONG KONG One of Hong Kong’s staunchest pro-Beijing lawmakers said a bookseller’s tearful confession on state television to a hit-and-run accident more than a decade ago in China is unlikely to appease public concerns that he may have been abducted. The Sunday... More »
Foursquare’s chief executive, Dennis Crowley, is stepping down and will be succeeded by Jeff Glueck, the company’s current chief operating officer. Foursquare, which makes apps that helps users find restaurants and stores and “check” into them, also raised $45... More »
TORONTO Canada’s Shaw Communications Inc said on Wednesday that it would sell its media unit to Corus Entertainment Inc for C$2.65 billion ($1.9 billion), gaining funding for its Wind Mobile purchase and sending its shares up nearly 7 percent. Corus, which ope... More »
Netflix Inc’s video-streaming service went live in more than 130 countries on Wednesday, covering almost the entire globe except China, in a huge global push by Chief Executive Reed Hastings to counter slowing growth in the United States. Shares of the company... More »
Satellite radio company Sirius XM Holdings Inc and “shock jock” Howard Stern have renewed their five-year deal for his popular “Howard Stern Show,” ending the uncertainty around the fate of the decade-long association. The news comes after years of Sirius, maj... More »
Walt Disney Co’s sports network ESPN said it will not make its content available on YouTube, due to the recently announced ad-free subscription-based offering coined YouTube Red. Alphabet Inc’s YouTube said on Wednesday it will launch YouTube Red, a $10-a-mont... More »
An investigation by the British Broadcasting Corporation (BBC) has revealed that more than 80 calls were made to ambulances by Sports Direct employees at its headquarters in Derbyshire for “life-threatening illnesses”. The figures, which came from a Freedom of... More »
Republican presidential frontrunner Donald Trump said on Friday he had bought NBC’s share of the Miss Universe Organization and that all lawsuits against the media company had been settled. “Just purchased NBC’s half of the Miss Universe Organization and settl... More »
Infidelity website Ashley Madison and its parent company have been sued in federal court in California by a man who claims that the companies failed to adequately protect clients’ personal and financial information from theft, saying he suffered emotional dist... More »
TORONTO At least two people may have committed suicide following the hacking of the Ashley Madison cheating website, Toronto police said on Monday, warning of a ripple effect that includes scams and extortion of clients desperate to stop the exposure of their ... More »
AMC Networks Inc’s (AMCX.O) shares fell as much as 14 percent despite the company’s strong results, continuing a slide triggered by Walt Disney Co’s (DIS.N) forecast that suggested that more customers were deserting paid TV than expected. Walt Disney Co (DIS.N... More »
Media company Twenty-First Century Fox Inc (FOXA.O) on Wednesday reduced its profit expectation for the coming year, citing foreign currency impacts, the timing of film releases, and sports and digital investments in India. Fox had projected earnings in the mi... More »
LONDON European pay-TV group Sky said on Wednesday it expects to perform strongly in its new financial year after better-than-expected 2014/15 profits prompted investors to rethink their growth forecasts for the newly-enlarged group. Sky, formed from the combi... More »
SEATTLE Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft... More »
A clothing designer area is pictured at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. REUTERS/Robert Galbraith In the shadow of Internet monoliths such as Facebook, Google and Twitter, it’s easy to forget that Silico... More »
A woman walks past icons for Apple applications at the company’s retail store in San Francisco, California April 22, 2009. REUTERS/Robert Galbraith Tired of the same restaurants and clubs? Not sure if friends would want to venture to a new cafe or bar? New app... More »
Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter. More »