28 March

Sticky

Lufthansa unit Swiss could announce more job cuts – CEO By Reuters

Posted by admin

in News

ZURICH (Reuters) - Deutsche Lufthansa (DE:LHAG)'s unit Swiss could announce additional job cuts in the second quarter as the pandemic crimps air travel, its chief executive told Swiss newspaper SonntagsBlick. Last October, Swiss announced 1,000 job cuts through attrition over two years. The company has about 9,000 staff "From the 1,000 announced positions, we completed 500 of the job cuts through...

28 March

0 Comments

Sticky

Large block trades involved more than $10 billion of stocks sold by Goldman: media By Reuters

Posted by admin

in News

(Reuters) - Large block trades on Friday causing a wave of selling in a clutch of companies were driven by sales of more than $10 billion executed by Goldman Sachs Group Inc (NYSE:GS), media reported on Saturday. Shares in ViacomCBS and Discovery tumbled around 27% each on Friday, while U.S.-listed shares of China based Baidu and Tencent (HK:0700) Music...

27 March

0 Comments

Sticky

ECB must remain euro zone’s stabiliser – chief economist Lane By Reuters

Posted by admin

in News

FRANKFURT (Reuters) - The European Central Bank must remain a key stabilizer of the euro zone economy as the bloc is at risk of suffering longer-term damage from its pandemic-induced double-dip recession, ECB chief economist Philip Lane said on Saturday. A sustained period of low activity reduces labour productivity, weakens corporate balance sheets and saps confidence, leading to a potential downward...

27 March

0 Comments

Sticky

Honda agrees to sell British car plant to logistics giant Panattoni By Reuters

Posted by admin

in News

TOKYO (Reuters) - Honda has agreed to sell its only British car plant at Swindon in southern England to logistics giant Panattoni, a company spokesman said on Saturday, as the new owner reportedly plans to make a large investment at the sprawling site. The Japanese automaker, which builds about a tenth of the 1.5 million car output in Britain, made the decision...

27 March

0 Comments

Sticky

Chinese celebs, netizens slam ‘two-faced’ Hugo Boss over Xinjiang By Reuters

Posted by admin

in News

BEIJING (Reuters) - At least three Chinese celebrities on Saturday dropped German fashion house Hugo Boss, the latest foreign brand caught in a concerted boycott by Chinese consumers over Western accusations of forced labour in Xinjiang. Among the celebrities who ended their pacts with Hugo Boss was actor-singer Li Yifeng, who said in...

27 March

0 Comments

Sticky

Stellantis, Nissan, Nio cut more production due to chip shortage By Reuters

Posted by admin

in News

WASHINGTON (Reuters) - Stellantis NV and Chinese electric vehicle maker Nio became the latest carmakers to announce new production cuts as a result of a global semiconductor chip shortage. Stellantis said on Friday it will temporarily halt production at five North American plants next week because of the global microchip shortage: two assembly...

27 March

0 Comments

Sticky

Volkswagen Mexico plans production cutbacks in March, April By Reuters

Posted by admin

in News

MEXICO CITY (Reuters) - German carmaker Volkswagen (DE:VOWG_p) said on Friday it plans to adjust some production over the Easter holiday period at its Mexican facilities. There will be three days of inactivity on March 29, 30 and April 5 on production of Volkswagen's Tiguan model. March 29 and 30 will also be inactive days for assembly of the Taos model, the...

27 March

0 Comments

Sticky

Chevron eyes deal for Shell oil refinery in Pacific Northwest – sources By Reuters

Posted by admin

in News

By Erwin Seba HOUSTON (Reuters) - Chevron Corp (NYSE:CVX) has emerged as a leading contender to buy a Royal Dutch Shell (LON:RDSa) Plc refinery in the U.S. Pacific Northwest, three people familiar with the matter said on Friday. Shell has been trying to sell its 145,000 barrel-per-day (bpd) Puget Sound refinery in Anacortes, Washington, for at least a year. Reuters...

27 March

0 Comments

Sticky

Britain nearing vaccine deal with European union – The Times By Reuters

Posted by admin

in News

(Corrects dateline) (Reuters) - Britain is close to striking a vaccine deal with the European Union as soon as this weekend that will remove the threat of the bloc cutting off supplies, The Times reported on Saturday. Under the agreement the EU will remove its threat to ban the export of Pfizer-BioNTech vaccines to Britain, it added. In return, the...

27 March

0 Comments

Sticky

Police make arrests at violent protest in Bristol, England By Reuters

Posted by admin

in News

(Reuters) - Police made arrests late on Friday in the city of Bristol in southwest England after protests turned violent with people throwing projectiles at them, the police said. "Projectiles, including eggs and glass bottles, are being thrown at officers. Protestors are also pulling at officers’ shields while lasers are being shone in their faces," the local Avon and Somerset Police said...

Меню

Lufthansa unit Swiss could announce more job cuts – CEO By Reuters

Large block trades involved more than $10 billion of stocks sold by Goldman: media By Reuters

ECB must remain euro zone’s stabiliser – chief economist Lane By Reuters

Honda agrees to sell British car plant to logistics giant Panattoni By Reuters

Chinese celebs, netizens slam ‘two-faced’ Hugo Boss over Xinjiang By Reuters

Stellantis, Nissan, Nio cut more production due to chip shortage By Reuters

Volkswagen Mexico plans production cutbacks in March, April By Reuters

Chevron eyes deal for Shell oil refinery in Pacific Northwest – sources By Reuters

Britain nearing vaccine deal with European union – The Times By Reuters

Police make arrests at violent protest in Bristol, England By Reuters

FINSPECTION MANAGEMENT LTD

FINSPECTION PLC LTD

FINACOM MANAGEMENT NV