Comcast Launches Sports & News TV Package to Attract Streaming Customers
(Reuters) - Comcast announced on Thursday the launch of Sports & News TV, a new video package for its Xfinity internet customers, as part of its strategy to remain competitive in the streaming era.
Chinese EV Makers File Challenges to Tariffs at EU Court
The European Union imposed tariffs on China-made EVs at the end of October after an anti-subsidy investigation, including 17.0% for BYD, 18.8% for Geely and 35.3% for SAIC, on top of the EU's standard ...
Euro Zone Consumer Confidence Rises to -14.2 in January
(Reuters) - Euro zone consumer confidence rose by 0.3 points in January from the December number, figures released on Thursday showed. The European Commission said a flash estimate showed euro zone ...
CNN to Cut Jobs by 6% Amid Digital Push
(Reuters) - Warner Bros Discovery-owned CNN will lay off about 6% of its workforce as the TV news outlet continues to shift its focus toward a more digital-centric strategy, according to an internal ...
ConocoPhillips Takes Over as Sole Operator of Gas Project in Malaysia, Petronas Says
(Reuters) - Malaysia's Petronas on Thursday said it has officially transferred its contractual right for a cluster of oil and gas fields in the country to a unit of US-based firm ConocoPhillips.
EA Shares Slump After Annual Forecast Cut Fans Fears Over Soccer Franchise
EA's soccer franchise clinched one of the top selling games of 2023 with "FC 24", according to Circana data, after the end of a three-decade partnership with FIFA in 2022 that led to a rebranding of ...
Adidas to Axe up to 500 Jobs at Headquarters, Source Says
MUNICH (Reuters) - Adidas CEO Bjoern Gulden plans to cut up to 500 jobs at the German sport retailer's headquarters in Herzogenaurach, a source who took part in a meeting where the figure was ...
Sunac China Brings in New Investor to Restructure Chongqing Bay Project
(Reuters) - Embattled property developer Sunac China on Thursday said a private credit firm will invest 2.48 billion Chinese yuan ($340.34 million) into restructuring debts for the Chongqing Project.
US Weekly Jobless Claims Increase Marginally
Initial claims for state unemployment benefits increased 6,000 to a seasonally adjusted 223,000 for the week ended Jan. 18, ...
Hedge Funds Buy Luxury, Short Drink and Driving in Europe, Says Goldman Sachs
Campari has three production sites in Mexico, the main one producing tequila under its Espolon brand, and one in Canada that produces local whisky brand Forty Creek, according to its latest ...
Canada November Retail Sales Flat; Seen up 1.6% in December
Jan 23 (Reuters) - Canadian retail sales were unchanged in November from October at C$67.57 billion ($46.99 billion), as ...
Volkswagen to Make Added Investments in United States, CFO Says at Davos
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the ...