Tag: CYCS08
-
Grubhub gets Amazon investment; Prime members to get fee-free food
July 6 (Reuters) – Amazon.com Inc (AMZN.O) has secured the right to buy a 2% stake in Just Eat Takeaway.com’s (TKWY.AS) Grubhub and will offer no-fee access to the service for a year to U.S. Prime members, hoping to boost subscriptions with a renewed push into meal delivery. Announced ahead of Amazon’s July “Prime Day” ... -
Lamborghini to invest at least 1.8 bln euros in path towards electrification – paper
MILAN, July 1 (Reuters) – Italian supercar brand Lamborghini plans to invest at least 1.8 billion euros ($1.88 billion) to produce a hybrid lineup by 2024 and more to bring out its fully electric model by the end of the decade, Chief Executive Stephan Winkelmann told Il Sole 24 Ore. Lamborghini, part of the Volkswagen ... -
S.Korea’s LGES to review investment plan for $1.3 bln Arizona battery factory
An employee walks past the logo of LG Energy Solution at its office building in Seoul, South Korea, November 23, 2021. Picture taken November 23, 2021. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, June 29 (Reuters) – South Korean battery maker LG Energy Solution Ltd (LGES) (373220.KS) plans to reevaluate ... -
White House says companies investing $700 million to boost EV charger production
WASHINGTON, June 28 (Reuters) – The White House said on Tuesday that companies are planning to invest more than $700 million to boost U.S. manufacturing capacity for electric vehicle (EV) chargers – actions set to add at least 2,000 jobs and make charging more accessible and affordable. The investments include $450 million earmarked by Volkswagen ... -
Luxury sales to grow at least 5% this year – Bain
A pair of Louis Vuitton brand sneakers is pictured in a travel box, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier/File Photo Register now for FREE unlimited access to Reuters.com Register PARIS, June 21 (Reuters) – Sales of luxury ... -
U.S. SEC seeks data from index providers over role in investment decisions
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register June 15 (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday requested information on the activities of financial information ... -
In ‘miracle’ city Shenzhen, fears for China’s economic future
SHENZHEN, China, June 13 (Reuters) – David Fong made his way from a poor village in central China to the southern boomtown of Shenzhen as a young man in 1997. Over the next 25 years he worked for a succession of overseas manufacturers before building his own multi-million dollar business making everything from schoolbags to ... -
Southeast Asian car marketplace Carro takes 50% stake in Indonesian rental firm
A view of the Carro signage at their showroom in Singapore June 15, 2021. REUTERS/Edgar Su Register now for FREE unlimited access to Reuters.com Register SINGAPORE, June 6 (Reuters) – Singapore-headquartered Carro, a Southeast Asian online used-car marketplace, has acquired a 50% stake in the rental unit of Indonesian automotive group PT Mitra Pinasthika Mustika ... -
U.S. house price inflation to cool as buyers sidelined by higher rates: Reuters poll
A “For Rent” sign is posted outside a residential home in Carlsbad, California, U.S. on January 18, 2017. REUTERS/Mike Blake/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, May 31 (Reuters) – Burning U.S. house price inflation will cool to 10%, half its current rate this year, and slow further over the ... -
German house price inflation to slow as borrowing and living costs bite – Reuters poll
Facades of apartment buildings are pictured at Mitte district in Berlin, Germany, August 29, 2019. REUTERS/Axel Schmidt/file photo/File Photo Register now for FREE unlimited access to Reuters.com Register BERLIN/LONDON, May 26 (Reuters) – German home prices will rise faster this year than thought only three months ago, as a supply shortage outweighs a deepening cost ...