April 25 Reuters Amazon.com Inc workers on Monday are set to vote on whether to unionize a second warehouse in the New York City borough of Staten Island as organizing efforts at the retailer gain steam. Employees at the LDJ5 sortation center are weighing whether to join the Amazon Labor Union ALU, a group led by […]

BERLIN, April 25 Reuters German commercial vehicle maker Traton39;s MAN unit restarted production from Monday after a sixweek gap caused by supply problems resulting from the war in Ukraine, the company said on Monday. Russia39;s invasion of Ukraine has led to a shortage of wire harnesses that bundle up to 5 km 3.1 miles of cables […]

Asda cuts the prices of over 100 essential items Asda to invest 73 mln stg to lower prices Morrisons cuts the prices of over 500 products A quarter of UK public struggling to pay bills LONDON, April 25 Reuters Asda and Morrisons said on Monday that they would cut the prices of essential items, ratchetingup […]

TOKYO, April 25 Reuters Mizuho Financial Group plans to beef up its U.S. operations for MA advisory and equity underwriting, its chief executive said, as Japan39;s No. 3 lender aims to grab a bigger share of the world39;s largest investment banking fee pool. The latest U.S. drive comes after Mizuho in recent years bolstered its debt […]

April 25 Reuters Buyout firm KKR Co Inc said on Monday it has raised 19 billion from investors for its latest flagship North America private equity fund, its biggest fund ever. KKR said the fund includes 2 billion invested by its employees, affiliates and from the firm39;s balance sheet. The fund had attracted 24 billion in […]

April 25 Reuters A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week. As Intel, Qualcomm and others report, investors will weigh how dampened consumer spending […]

Philips reports 32 drop in Q1 core profit Expands recall of ventilators Flags range of risks for 2022 outlook Shares drop almost 11 AMSTERDAM, April 25 Reuters Philips shares dropped almost 11 on Monday as the Dutch health technology company expanded a recall of ventilators and flagged multiple risks to its growth outlook for the rest […]

SEOUL, April 25 Reuters Hyundai Motor Co posted a betterthanexpected 19 rise in quarterly profit as favourable exchange rates more than made up for a jump in raw material costs and a drop in sales caused by the prolonged global chip shortage. The company39;s global car sales slid nearly 10 in the first quarter and Hyundai […]

April 25 Reuters CocaCola Co beat quarterly revenue expectations on Monday, helped by higher prices and a rebound in demand for its sodas at theaters and restaurants. The company said its decision to suspend its operations in Russia would impact its annual profit by 4 cents per share. Soaring costs of ingredients like coffee and sugar, […]

April 21 Reuters Sensor maker Velodyne Lidar Inc said on Thursday that Marta Hall, the wife of founder David Hall, had resigned from its board weeks after the couple sold more than twothirds of their stake in the company. Velodyne had last year removed David Hall as chairman and Marta as marketing chief for lack of […]