CMPNY

Women sue Deutsche Bank, JPMorgan over Epstein ties

Nov 24 (Reuters) – Women who have accused Jeffrey Epstein of sexual abuse filed lawsuits against Deutsche Bank AG (DBKGn.DE) and JPMorgan Chase & Co (JPM.N) on Thursday, alleging the banks financially benefited from the late financier’s alleged sex trafficking operations. The women, who were not identified in the court filings, cite US federal anti-sex …

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Foxconn apologises for pay-related error at China iPhone plant after worker unrest

Foxconn says it is working with staff to resolve disputes Major iPhone factory rocked by protests over pay, conditions Apple says it has team on the ground in Zhengzhou TAIPEI/SHANGHAI, Nov 24 (Reuters) – Foxconn (2317.TW) said on Thursday a pay-related “technical error” occurred when hiring new recruits at a COVID-hit iPhone factory in China …

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Volkswagen says all brands have halted paid activities on Twitter

BERLIN, Nov 23 (Reuters) – Volkswagen’s (VOWG_p.DE) brands have halted all paid activities on Twitter until further notice, a spokesperson for the company said on Wednesday. Earlier this month, Volkswagen, which owns Audi together with the VW, Seat, Cupra, Lamborghini, Bentley, Ducati and Porsche (P911_p.DE), said it had recommended the brands pause paid advertising on …

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FTC likely to file argument to block Microsoft’s $69 bln bid for Activision – Politico

Nov 23 (Reuters) – The US Federal Trade Commission (FTC) is likely to file an antitrust argument to block Microsoft Corp’s (MSFT.O) $69 billion takeover bid for video game publisher Activision Blizzard Inc (ATVI.O), Politico reported on wednesday A challenging the deal is not guaranteed, and the FTC’s four commissioners have yet to vote out …

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Wall Street rises as Fed signals rate hikes may slow

Growth stocks bounce as Treasury yields drop Indexes: Dow up 0.29%, S&P 500 up 0.53%, Nasdaq up 0.93% Futures: S&P up 0.5%, Dow 500 up 0.3%, Nasdaq up 0.8% Nov 23 (Reuters) – Wall Street’s main indexes edged higher on Wednesday after minutes from the Federal Reserve’s November meeting showed interest rate hikes may slow …

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Russia revives Soviet-era Moskvich brand with Chinese model

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 23 (Reuters) – After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich car brand at a plant near Moscow given up by the French carmaker Renault, with a new, modern Chinese design that …

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Investors batten down ahead of Fed minutes, Eurozone recession fears grow

Fed minutes awaited US Thanksgiving public holiday on Thursday Stock eke out slim gains globally Eurozone economic data points to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global shares were little changed on Wednesday as investors kept their eyes peeled for the minutes of a Federal Reserve meeting that could …

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Stick-wielding men smash surveillance cameras at China iPhone plant

SHANGHAI, Nov 23 (Reuters) – Men wielding sticks smashed surveillance cameras and windows at a massive campus owned by Apple (AAPL.O) supplier Foxconn (2317.TW) in the Chinese city of Zhengzhou, scenes broadcast live on the Kuaishou short video platform showed on Wednesday. Hundreds of workers protested at the campus, home to the world’s largest iPhone …

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Sony to expand Chinese game incubator in Microsoft head-to-head

HONG KONG, Nov 22 (Reuters) – Sony Group Corp (6758.T) said on Tuesday it plans to expand a program to identify and incubate Chinese-made games, in a race with Microsoft Corp (MSFT.O) to tap China’s gaming market. The program will invest more than 1 million yuan ($140,080) in each game it enrols, and will not …

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Ronaldo to leave Manchester United after criticism of club

Nov 22 (Reuters) – Manchester United forward Cristiano Ronaldo will leave with immediate effect, the Premier League team said on Tuesday, marking a bitter end to the Portugal captain’s second spell at Old Trafford after he said he felt betrayed by the club. An explosive interview with TalkTV this month — in which Ronaldo also …

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