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Business

Tesla wants to start building a new U.S. vehicle plant this summer

June 18, 2020 - by admin - Leave a Comment

FILE PHOTO: The Tesla factory is seen in Fremont, California, U.S. June 22, 2018. REUTERS/Stephen Lam DETROIT (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) wants to start building a …

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Business

Chanel warns virus impact will linger on luxury sector

June 18, 2020 - by admin - Leave a Comment

MILAN/PARIS (Reuters) – The luxury industry will feel the fallout from the coronavirus crisis for the next two years if not longer, Chanel’s chief financial officer said on Thursday, warning …

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Business

Coronavirus raises stakes as auto unions ready for a fight

June 18, 2020 - by admin - Leave a Comment

PARIS/FRANKFURT (Reuters) – The coronavirus crisis has forced carmakers to speed up layoffs that must be matched with hefty payouts and deft negotiation to retain the support of powerful trade …

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Business

Cash flows into U.S. growth funds surge, value funds see outflows

June 18, 2020 - by admin - Leave a Comment

(Reuters) – U.S. investors have ramped up investments in growth funds over the past few months on expectations of higher returns and safety, while they dumped value funds despite cheaper …

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Business

Exclusive: Massive spying on users of Google’s Chrome shows new security weakness

June 18, 2020 - by admin - Leave a Comment

SAN FRANCISCO (Reuters) – A newly discovered spyware effort attacked users through 32 million downloads of extensions to Google’s market-leading Chrome web browser, researchers at Awake Security told Reuters, highlighting …

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Business

Sharp learning curve for bosses as WFH goes global

June 18, 2020 - by admin - Leave a Comment

Two weeks into the coronavirus lockdown and Sergei Holmeckis, a boss at Deutsche Telekom’s Czech operations in the city of Brno, was frustrated with staff video calls. His team didn’t …

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Business

Oil prices fall as coronavirus case surge heightens demand fears

June 18, 2020 - by admin - Leave a Comment

MELBOURNE/SINGAPORE (Reuters) – Oil prices slipped on Thursday on concerns that a spike in new coronavirus cases in China and the United States could dampen a recovery in fuel demand, …

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Business

Oil prices fall as surge in coronavirus cases raises demand concerns

June 18, 2020 - by admin - Leave a Comment

MELBOURNE/SINGAPORE (Reuters) – Oil prices fell around 1% on Thursday as a spike in new coronavirus cases in China and the United States renewed fears that a recovery in fuel …

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Business

Global stocks retreat on rising second wave fears

June 18, 2020 - by admin - Leave a Comment

TOKYO/WASHINGTON (Reuters) – Asian stocks and Wall Street futures fell on Thursday as spiking coronavirus cases in some U.S. states and China crushed hopes of a quick global economic comeback …

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Business

Glass Lewis opposes Tesla chairwoman’s re-election to Board: Bloomberg News

June 18, 2020 - by admin - Leave a Comment

FILE PHOTO: Tesla logo is pictured on a car during electric car E-Rallye Baltica 2019 in Bauska, Latvia July 23, 2019. REUTERS/Ints Kalnins (Reuters) – Proxy-adviser Glass Lewis has urged …

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