Mercedes denies report that it has discussed sale of van business
FRANKFURT (Reuters) – Mercedes-Benz denied a German media report that it was weighing a sale of its vans business as the automaker plans to put more strategic weight on high-end.
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- June 25, 2022
- by admi
- 1 minute read
Toyota, Subaru shares drop on recalls of their first EV models
TOKYO (Reuters) -Shares of Toyota Motor (NYSE:TM) Corp and Subaru (OTC:FUJHY) Corp dropped on Friday after the two Japanese car makers announced recalls of their first mass-produced electric vehicles (EV) for the.
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- June 25, 2022
- by admi
- 1 minute read
FedEx gets more selective about shipments, profit rises
LOS ANGELES (Reuters) -FedEx Corp reported higher quarterly earnings and issued a stronger-than-expected full-year forecast on Thursday, after it cherry-picked profit-boosting deliveries amid softening global demand for shipping. FedEx (NYSE:FDX)’s.
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- June 25, 2022
- by admi
- 2 minutes read
Toyota recalls first mass-produced EVs less than 2 months after launch
TOKYO (Reuters) – Toyota Motor (NYSE:TM) Corp said on Thursday it would recall 2,700 of its first mass-produced electric vehicles (EVs) for the global market because of a risk the wheels could.
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- June 24, 2022
- by admi
- 1 minute read
Amazon has a plan to make Alexa mimic anyone’s voice
By Jeffrey Dastin LAS VEGAS (Reuters) – Amazon.com Inc (NASDAQ:AMZN) wants to give customers the chance to make Alexa, the company’s voice assistant, sound just like their grandmother — or.
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- June 24, 2022
- by admi
- 2 minutes read
British Airways staff vote spells ‘summer of strikes’ at London’s Heathrow
By Sachin Ravikumar and Farouq Suleiman LONDON (Reuters) – British Airways staff at London’s Heathrow airport voted on Thursday to strike over pay, threatening disruption at one of Europe’s busiest.
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- June 24, 2022
- by admi
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Amazon to add 2,000 jobs to its Spanish payroll in 2022
MADRID (Reuters) -U.S. online retailer Amazon (NASDAQ:AMZN) plans to add 2,000 new jobs to its Spanish payroll in 2022, the company’s local unit said on Thursday, a move that will.
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- June 24, 2022
- by admi
- 2 minutes read
Exclusive-Nike to make full exit from Russia
By Mimosa Spencer, Jacob Gronholt-Pedersen and Richa Naidu PARIS/COPENHAGEN/LONDON (Reuters) -Nike is making a full exit from Russia three months after suspending its operations there, the U.S. sportswear maker told.
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- June 24, 2022
- by admi
- 1 minute read
Morgan Stanley Assumes eBay at Underweight with ‘Street Low’ Target, Stock Falls 2%
By Sam Boughedda Morgan Stanley analyst Lauren Schenk assumed coverage of eBay (NASDAQ:EBAY) with an Underweight rating and a ‘Street Low’ $36 price target on Thursday, sending its stock more.
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- June 24, 2022
- by admi
- 1 minute read
Netflix: Recession May Lead to Incremental Churn, BofA Securities Slashes PT
By Vlad Schepkov Nat Schindler of BofA Securities slashed his price target on Netflix (NASDAQ:NFLX) to $196 from $240 Thursday while reiterating an “Underperform” rating on the stock, citing “worsening.