[ad_1] FILE PHOTO: A man walks past barrels outside the Diageo Shieldhall facility near Glasgow, Scotland August 26, 2010. REUTERS/David Moir/File photo (Reuters) – Diageo Plc, the world’s largest spirits maker, is exploring options to
Swiggy to lay off 1,100 employees as COVID-19 hits online food orders
[ad_1] BENGALURU (Reuters) – Indian food delivery startup Swiggy said on Monday it would lay off 1,100 employees, or nearly 14% of its workforce, to cut costs, as a weeks-long nationwide lockdown to curb the
SoftBank posts record $13 billion operating loss as tech bets slide
[ad_1] TOKYO (Reuters) – SoftBank Group Corp on Monday reported a record 1.4 trillion yen ($13 billion) operating loss in the April-March financial year as the value of its tech bets via the $100 billion
Trump admin slaps solar, wind operators with retroactive rent bills
[ad_1] (Reuters) – The Trump administration has ended a two-year rent holiday for solar and wind projects operating on federal lands, handing them whopping retroactive bills at a time the industry is struggling with the
SoftBank in talks to sell down T-Mobile U.S. stake to Deutsche Telekom – WSJ
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Iran complains to U.N., summons envoy over U.S. threat on Venezuela shipment
[ad_1] (Reuters) – Iran complained to the United Nations on Sunday and summoned the Swiss ambassador in Tehran, who represents U.S. interests in the Islamic Republic, over possible measures Washington could take against an Iranian
Global Markets: Asia shares follow S&P 500 higher, oil and gold jump
[ad_1] SYDNEY (Reuters) – Asian shares were led higher by S&P 500 futures on Monday and oil prices hit a five-week peak as countries’ efforts to re-open their economies stirred hopes the world was nearer
Thyssenkrupp in talks with peers over steel business – source
[ad_1] A crane operator lifts up a finished steel coil at the storage and distribution facility of German steel maker ThyssenKrupp in Duisburg, Germany, January 30, 2020. REUTERS/Wolfgang Rattay/Files FRANKFURT/DUESSELDORF (Reuters) – German ailing conglomerate
India to privatise state-run companies and halt fresh insolvencies amid COVID-19 pandemic
[ad_1] NEW DELHI/MUMBAI (Reuters) – India said on Sunday it would privatise state-run companies in non-strategic sectors and stop fresh insolvency cases for a year, as the country battles with the economic fallout from the
Syrian tycoon says government ordered him to step down from mobile operator
[ad_1] AMMAN (Reuters) – Syrian tycoon Rami Makhlouf issued a video statement on Sunday saying officials had told him to quit as head of mobile operator Syriatel, in the latest twist in a tussle over