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Category: Business

Alaska Airlines loses appeal in $160 million UK trademark dispute with Virgin Aviation
Business

Alaska Airlines loses appeal in $160 million UK trademark dispute with Virgin Aviation

LONDON (Reuters) – Alaska Airlines on Tuesday lost an appeal in an approximately $160 million trademark case with Virgin Group,…

June 11, 2024
Spotify to introduce expensive plan later this year, Bloomberg News reports
Business

Spotify to introduce expensive plan later this year, Bloomberg News reports

(Reuters) – Spotify will introduce a new expensive plan for its most ardent users later this year, Bloomberg News reported…

June 11, 2024
UBS and Credit Suisse’s Swiss units could merge by July 1, executive says
Business

UBS and Credit Suisse’s Swiss units could merge by July 1, executive says

ZURICH (Reuters) – The merger of the Swiss units of UBS and Credit Suisse could be completed as early as…

June 11, 2024
Nvidia sparks chatter over possible Dow inclusion after stock split
Business

Nvidia sparks chatter over possible Dow inclusion after stock split

(Reuters) – Nvidia’s 10-for-1 stock split aimed at luring retail investors has taken effect, sparking speculation over chances of the…

June 10, 2024June 10, 2024
Volvo shifting EV production to Belgium to evade China tariffs, The Times reports
Business

Volvo shifting EV production to Belgium to evade China tariffs, The Times reports

(Reuters) – Volvo cars has started to shift production of Chinese-made electric vehicles to Belgium in the expectation that the…

June 9, 2024June 9, 2024
Nippon Steel executive saw positive reaction from U.S. Steel workers and others
Business

Nippon Steel executive saw positive reaction from U.S. Steel workers and others

TOKYO (Reuters) – Nippon Steel Vice Chairman Takahiro Mori met with U.S. Steel’s employees and community leaders this week to…

June 8, 2024June 8, 2024
Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows
Business

Berkshire buys additional 2.57 million shares in Occidental Petroleum, filing shows

(Reuters) – Warren Buffett’s Berkshire Hathaway bought around 2.57 million shares of common stock in Occidental Petroleum over June 5-7,…

June 8, 2024June 8, 2024
Over half of Aramco share sale allocated to foreign investors – sources
Business

Over half of Aramco share sale allocated to foreign investors – sources

By Maha El Dahan DUBAI (Reuters) – Saudi Arabia placed over half of an $11.2 billion share sale in Aramco…

June 8, 2024June 8, 2024
Tesla upgrades in-car navigation software in China, introduces lane-level guidance
Business

Tesla upgrades in-car navigation software in China, introduces lane-level guidance

BEIJING (Reuters) – Tesla released a software upgrade for its in-car navigation system in China on Friday, introducing new features…

June 7, 2024June 7, 2024
GameStop’s quarterly sales decline on weak traffic in its stores
Business

GameStop’s quarterly sales decline on weak traffic in its stores

(Reuters) -GameStop reported a decline in its first-quarter net sales as it advanced its quarterly report by four days and…

June 7, 2024June 7, 2024

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