business
Finance
Analysis-Syrian Kurdish groups on the back foot as power balance shifts
Finance
Hungary in talks on Russian gas shipments via Ukraine, PM Orban says
Finance
Russia's UK embassy denounces G7 loans to Ukraine as 'fraudulent scheme'
Finance
Battery maker Northvolt makes progress toward longer-term bankruptcy financing
Seeing low-income consumers squeezed, retailers target $10 and under gifts
Date: December 20, 2024
By Jessica DiNapoli NEW YORK (Reuters) – Retailers including Target and Walmart are stocking shelves with more toys and gifts such as Barbies that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers. For retailers and toymakers, selling a bounty of cheaper gifts aimed at consumers earning $50,000 or less...
SoftwareOne to buy Norway’s Crayon in $1.4 billion Microsoft-focused takeover
Date: December 20, 2024
By Paul Arnold and Tristan Veyet ZURICH (Reuters) -Swiss technology firm SoftwareOne said on Thursday it had agreed to buy Crayon Group in a stock and cash deal which values its Norwegian competitor at $1.4 billion. Around 70% of the combined entity’s revenue would be related to business with Microsoft, Crayon CEO Melissa Mulholland said...
China says its astronauts complete record-breaking spacewalk
Date: December 20, 2024
By Joey Roulette WASHINGTON (Reuters) - Two Chinese astronauts this week completed a world-record spacewalk of more than nine hours, according to a statement from China's Manned Space Agency, marking...
VW, union agree to cut 35,000 jobs in Germany, avert strikes
Date: December 20, 2024
LONDON (Reuters) - Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last-gasp deal between Europe's top carmaker...
US jury deadlocked in Arm trial against Qualcomm, still deliberating
Date: December 20, 2024
(Reuters) - A jury in U.S. federal court in Delaware on Friday said it was deadlocked on one of the questions that it has been asked to resolve in Arm Holdings' lawsuit against Qualcomm, but is still...
Factbox-The main points of Volkswagen's deal with unions on German sites and jobs
Date: December 20, 2024
FRANKFURT (Reuters) - Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. The agreement followed more than 70 hours of talks and...