LOS ANGELES, Sept 19 Reuters The largest theater chains including AMC Entertainment, Regal Cinemas and Cinemark will invest more than 2.2 billion over the next three years to upgrade theaters in the U.S. and Canada, an industry group announced on Thursday. Improvements will be made by the eight biggest theater chains in the region, representing over 21,000 […]

Sept 19 Reuters Amazon.com announced on Thursday a new artificial intelligence application that it says will help its independent sellers with sales metrics, inventory maintenance and product advertising, among other things. The move is part of a broader Big Tech effort to employ the technology for greater automation. The software, dubbed Amelia, can provide instantaneous answers […]

BERLIN, Sept 19 Reuters The German government is examining all options to exit Uniper, which it bailed out during the energy crisis triggered by Russia39;s invasion of Ukraine, including a possible sale via the capital market, the Finance Ministry said on Thursday. So far, no final decision has been made regarding the timing and form […]

HONG KONG, Sept 19 Reuters DCM Ventures is seeking to sell all its remaining shares in Chinese short video platform Kuaisohu Technology to raise up to 479 million, a term sheet seen by Reuters showed on Thursday. The Silicon Valleybased venture capital is offloading 91.66 million shares in Kuaishou with offer price ranging from HK40.28 to […]

Sept 19 Reuters U.S. railroad Union Pacific said on Thursday it expects its revenue to grow faster than volumes over the next three years, outpacing the market. In the filing released ahead of the company39;s investor day event, Union Pacific forecast an earnings per share compound annual growth rate EPS CAGR in the high single to […]

ROME, Sept 19 Reuters UniCredit was able to buy 4.5 of Commerzbank from the German state because the government trusts the Italian bank, its CEO said in a newspaper interview, ruling out any aggressive moves such as an unsolicited buyout bid. UniCredit CEO Andrea Orcel told Italian daily Il Messaggero his bank had been speaking with the […]

Sept 18 Reuters General Mills posted a smallerthanexpected drop in quarterly sales on Wednesday, benefiting from improved demand as the Cheerios maker cut prices for some of its products. General Mills and other packaged food peers have been grappling with lower volumes for the past few years as priceconscious customers balk at companies raising prices to […]

Sept 18 Reuters Alaska Airlines said on Wednesday it had completed its 1.9 billion acquisition of Hawaiian Airlines after reaching an agreement with the U.S. Department of Transportation. The airlines on Tuesday agreed to maintain key Hawaiian routes and adopt consumer protections under an agreement that will last six years. The Justice Department in August chose not […]

Sept 17 Reuters Boeing and its largest union will restart contract talks on Wednesday in the presence of federal mediators, after failing to agree on key issues such as wages and pensions, the International Association of Machinists and Aerospace Workers said. The union, whose members went on strike last Friday, has been pushing for a 40 […]

SAO PAULO, Sept 18 Reuters Facebook owner Meta agreed to buy up to 3.9 million carbon offset credits from Brazilian investment bank BTG Pactual39;s forestry arm through 2038, the companies said on Wednesday in a statement. They did not disclose the value of the deal. The average price for forestry carbon offsets last week was 4.22 […]