Munich flights, long-distance trains cancelled due to snow

Munich flights, long-distance trains cancelled due to snow

A person walks past a departures board inside the Munich Airport in Munich, Germany, March 26, 2023. REUTERS/Lukas Barth/File Photo Acquire Licensing Rights Dec 2 (Reuters) – Long-distance trains and hundreds of flights in and out of the German city of Munich were cancelled on Saturday because of heavy snowfall, according to statements by Deutsche … Read more

Amazon taps SpaceX’s Falcon 9 rocket to help launch Kuiper satellites

Amazon taps SpaceX’s Falcon 9 rocket to help launch Kuiper satellites

[1/2]A Falcon 9 rocket lifts off on NASA’s SpaceX Crew-7 mission, taking four crew members to the International Space Station (ISS), from the Kennedy Space Center in Cape Canaveral, Florida, U.S., August 26, 2023. REUTERS/Joe Skipper/File Photo Acquire Licensing Rights Dec 1 (Reuters) – Amazon (AMZN.O) on Friday said it booked three Falcon 9 launches … Read more

Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

Malaysia’s Sime Darby seeks to expand car retail business into India, Indonesia – CEO

A logo of Sime Darby is seen at its car showroom in Petaling Jaya, Malaysia November 30, 2023. REUTERS/Hasnoor Hussain/File Photo Acquire Licensing Rights KUALA LUMPUR/SINGAPORE, Nov 30 (Reuters) – Sime Darby (SIME.KL), Malaysia’s industrial and automotive conglomerate, is looking to set up a luxury car retail business in India and expand in Indonesia to … Read more

Second-hand shopping a $1-billion-plus business for Amazon in Europe

Second-hand shopping a $1-billion-plus business for Amazon in Europe

[1/5]Customers visit the Second Chance Store, a new shop selling returned and refurbished products from Amazon’s Second Chance programmes in-person in central London, Britain November 28, 2023. John Nguyen/Handout via REUTERS. Acquire Licensing Rights LONDON, Nov 29 (Reuters) – Consumer demand for refurbished and pre-owned goods in Britain and across Europe has created a billion … Read more

Chinese AI firm SenseTime refutes short-seller report allegations

Chinese AI firm SenseTime refutes short-seller report allegations

Nov 28 (Reuters) – Chinese artificial intelligence software developer SenseTime Group (0020.HK) said on Tuesday that a short-seller report by Grizzly Research LLC is ‘without merit’ and will review the allegations against the company. Earlier on Tuesday, the short-seller’s report alleged the AI firm was artificially inflating revenue through revenue fabrication schemes. Shares of the … Read more

China’s Shein files for US IPO in major test for investor appetite- sources

China’s Shein files for US IPO in major test for investor appetite- sources

Shein yet to determine IPO size, valued at over $60 bln in May IPO comes amid challenging markets and U.S. scrutiny Fast-fashion retailers still behind Amazon on sales Nov 27 (Reuters) – Fashion company Shein has confidentially filed to go public in the United States, two sources familiar with the matter said on Monday, in … Read more

‘Vote of confidence’: UK hails $37 billion of foreign investment

‘Vote of confidence’: UK hails $37 billion of foreign investment

FDI gathering held at 16th century palace Sunak hails investment, holds off on subsidy push Britain has slipped in FDI rankings HAMPTON COURT, England, Nov 27 (Reuters) – Prime Minister Rishi Sunak announced 29.5 billion pounds ($36.8 billion) of private sector investment in Britain at a gathering of global executives on Monday aimed at catapulting … Read more

Budget crisis shakes industry’s confidence in Germany

Budget crisis shakes industry’s confidence in Germany

German Chancellor Olaf Scholz is flanked by Economy and Climate Minister Robert Habeck and Finance Minister Christian Lindner to comment on the ruling of Germany’s Constitutional court that the government’s re-location of 60 billion euros ($65 billion USD) of unused debt from the pandemic era to climate fund was illegal, in… Acquire Licensing Rights Read … Read more

Russia’s sanctioned Sovcombank requests US licence to make UN climate payments

Russia’s sanctioned Sovcombank requests US licence to make UN climate payments

A view shows a board with the logo of Sovcombank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022. REUTERS/Maxim Shemetov/File Photo Acquire Licensing Rights This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine MOSCOW, Nov 23 (Reuters) – Russian private … Read more

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

Exclusive: OpenAI researchers warned board of AI breakthrough ahead of CEO ouster, sources say

[1/2]Sam Altman, CEO of ChatGPT maker OpenAI, arrives for a bipartisan Artificial Intelligence (AI) Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer (D-NY) at the U.S. Capitol in Washington, U.S., September 13, 2023. REUTERS/Julia Nikhinson/File Photo Acquire Licensing Rights Nov 22 (Reuters) – Ahead of OpenAI CEO Sam Altman’s four … Read more