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22 Jan

Greek stock exchange board picks Kontopoulos as new CEO

Greek Stock Exchange Board Picks Kontopoulos As New CEO

. A stock ticker shows stock options at the lobby of the Athens stock exchange building in Athens, Greece, August 20, 2018. /Alkis KonstantinidisATHENS The board of Hellenic Exchanges, the operator of Greece's stock and equity derivatives markets, picked Yiannos Kontopoulos as its new chief executive to replace outgoing CEO Socrates Lzaridis, the group said on

22 Jan

Boulben withdraws from race for Orange CEO post, le Figaro reports

Boulben Withdraws From Race For Orange CEO Post, Le Figaro Reports

. The logo of French telecoms operator Orange is seen on the facade of a store in Paris, France, February 16, 2021. /Sarah MeyssonnierPARIS Verizon (NYSE:VZ) Chief Revenue Officer Frank Boulben has written to the board of Orange withdrawing from the race to head the French telecom firm, Le Figaro reported on Saturday. Sources told earlier this month t

22 Jan

Pfizer CEO sees annual COVID vaccine rather than frequent boosters

Pfizer CEO Sees Annual COVID Vaccine Rather Than Frequent Boosters

2/2Reuters. Pfizer CEO Albert Bourla talks during a press conference with European Commission President Ursula von der Leyen after a visit to oversee the production of the Pfizer-BioNtech COVID-19 vaccine at the factory of U.S. pharmaceutical company Pfiz2/2JERUSALEM Pfizer Inc (NYSE:PFE) Chief Executive Albert Bourla said on Saturday that an annual COVID-19 vaccine would

22 Jan

Ukraine bans Austrian design firm working on Crimea theatre project

Ukraine Bans Austrian Design Firm Working On Crimea Theatre Project

. Ukrainian President Volodymyr Zelenskiy speaks during a meeting with U.S. Secretary of State Antony Blinken at the Bankova, in Kyiv, Ukraine, January 19, 2022. Alex Brandon/Pool via REUTERSKYIV Ukraine imposed sanctions on Saturday on an Austrian architecture and design company working on a project to build new theatre house in Sevastopol, a city in the Russian-con

22 Jan

Exclusive-Vodafone and Iliad in talks to combine Italian units - sources

Exclusive-Vodafone And Iliad In Talks To Combine Italian Units - Sources

5/5Reuters. Branding for Vodafone is seen on the exterior of a shop in London, Britain, September 10, 2015. /Toby Melville/File Photo2/5By Pamela Barbaglia and Elvira Pollina LONDON Telecom firms Vodafone (NASDAQ:VOD) and Iliad are in talks to strike a deal in Italy that would combine their respective businesses in a bid to end cut-throat competition in the euro zone

22 Jan

Germany's Lufthansa is set to buy 40% stake in Alitalia's successor ITA - paper

Germany's Lufthansa Is Set To Buy 40% Stake In Alitalia's Successor ITA - Paper

2/2Reuters. Planes of German air carrier Lufthansa are photographed at the day of the airline's annual general meeting at the airport in Frankfurt, Germany, May 4, 2021. /Kai Pfaffenbach/File Photo2/2MILAN Germany's Lufthansa is set to buy a 40% stake in Alitalia's successor ITA Airways and a deal could be unveiled next week, Italian daily Il Foglio reported on Satur

22 Jan

Union faults BP’s proposals in local refinery negotiations

Union Faults BP’s Proposals In Local Refinery Negotiations

. An illuminated BP logo is seen at a petrol station in Chester-le-Street, Durham, Britain September 23, 2021. /Lee SmithHOUSTON The United Steelworkers union (USW) on Friday said proposals by energy giant BP (NYSE:BP) Plc would undermine its 56-year-old national program for refinery and chemical plant worker contracts. People in the USW familiar with the matter said BP

22 Jan

UAW union urges GM to ensure fair workers' vote in Mexico

UAW Union Urges GM To Ensure Fair Workers' Vote In Mexico

. The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. /Rebecca Cook/File PhotoBy Daina Beth Solomon MEXICO CITY The United Auto Workers (UAW) union on Friday pressed General Motors (NYSE:GM) and Mexican officials to step up efforts to ensure workers at a pick-up truc

22 Jan

Amazon could face claims by U.S. agency over union supporter's firing

Amazon Could Face Claims By U.S. Agency Over Union Supporter's Firing

. The logo of Amazon is seen at the company logistics center in Boves, France, August 8, 2018. /Pascal Rossignol/File PhotoBy Daniel Wiessner Inc (NASDAQ:AMZN) may soon face claims from a U.S. labor board that it unlawfully fired a vocal union supporter at a New York warehouse in the midst of an organizing campaign. A National Labor Relations Board (NLRB) off

22 Jan

U.S. suspends 44 U.S flights by Chinese carriers after China action

U.S. Suspends 44 U.S Flights By Chinese Carriers After China Action

. A passenger wearing a mask, amid the health threat of novel coronavirus, arrives on a direct flight from China at Chicago's O'Hare airport in Chicago, Illinois, U.S., January 24, 2020. /Kamil Krzaczynski/File PhotoBy David Shepardson WASHINGTON -The U.S. government said on Friday it would suspend 44 China-bound flights from the United States by four Chinese ca

22 Jan

Citi asks vaccinated staff in New York to report to office from Feb. 7

Citi Asks Vaccinated Staff In New York To Report To Office From Feb. 7

. The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. /Andrew Kelly Citigroup (NYSE:C) said on Friday it has asked vaccinated staff in the New York Tri-State area to prepare for a return to office from Feb. 7, according to a person familiar with the matter.

21 Jan

BNP Paribas, Citigroup set Feb 7 return-to-office date for U.S. staff

BNP Paribas, Citigroup Set Feb 7 Return-to-office Date For U.S. Staff

2/2Reuters. A BNP Paribas logo is seen outside a bank office in Nantes, France, July 16, 2020. /Stephane Mahe/File Photo2/2By Davide Barbuscia and Mehnaz Yasmin NEW YORK -Citigroup has told staff in the New York Tri-State area to start returning to the office from Feb. 7, while BNP Paribas (OTC:BNPQY) is targeting the same date for U.S. staff after recently postponing

21 Jan

Qatar releases video of scarred jets in Airbus dispute

Qatar Releases Video Of Scarred Jets In Airbus Dispute

2/2Reuters. A Qatar Airways Airbus A350-1000 is pictured at the Eurasia Airshow in the Mediterranean resort city of Antalya, Turkey April 25, 2018. /Murad Sezer2/2(Adds details, repercussions of dispute) By Tim Hepher PARIS -Qatar Airways took a spiralling $4 million-a-day dispute with Europe's Airbus to social media on Friday, publishing a video ; of t

21 Jan

Intel's move into Ohio brings new tech kudos, competition for talent

Intel's Move Into Ohio Brings New Tech Kudos, Competition for Talent

. Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. /Aly SongBy Jane Lanhee Lee and Timothy Aeppel OAKLAND, Calif./NEW YORK Intel (NASDAQ:INTC) Corp’s plan to build a $20 billion chip-making complex on the outskirts of Columbus, Ohio is the clearest sign

21 Jan

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.30%

U.S. Stocks Lower At Close Of Trade; Dow Jones Industrial Average Down 1.30%

. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 1.30% – U.S. stocks were lower after the close on Friday, as losses in the Consumer Services, Basic Materials and Technology sectors led shares lower.At the close in NYSE, the Dow Jones Industrial Average declined 1.30% to hit a new 1-month low, while the S&P 500 index fell 1.89%, and the NASDAQ Composite index d

21 Jan

Small children getting less sick from Omicron; Genetic mutation protects against severe COVID

Small Children Getting Less Sick From Omicron; Genetic Mutation Protects Against Severe COVID

. A child is seen near a syringe containing a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine at Smoketown Family Wellness Center in Louisville, Kentucky, U.S., November 8, 2021. /Jon CherryBy Nancy Lapid The following is a summary of some recent studies on COVID-19. They include research that warrants further study to corroborate the findin

21 Jan

Nasdaq Slips Below 14,000 as Netflix Slump Keeps Tech Under Pressure

Nasdaq Slips Below 14,000 As Netflix Slump Keeps Tech Under Pressure

. By Yasin – The Nasdaq slumped Friday, falling below the key 14,000 level, but remained under pressure as a Netflix-led rout in tech weighed on sentiment.The NASDAQ Composite slumped 2%, though remained above the worst levels of the day. The S&P 500 fell 1.4% and the Dow Jones Industrial Average slipped 1%, or 335 points.Sentiment on tech was hurt as Netflix (NASDAQ:NFLX) kicked off

21 Jan

GM sets $6.5 billion for in Michigan electric vehicle plants -document, sources

GM Sets $6.5 Billion For In Michigan Electric Vehicle Plants -document, Sources

. The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021./Rebecca Cook/File PhotoBy David Shepardson and Paul Lienert WASHINGTON/DETROIT -General Motors and a joint venture with LG Energy Solution are to set announce investments of more than $6.5 billion next week in Michigan in new electric truck and

21 Jan

Workers at Activision Blizzard-owned studio say they have formed union

Workers At Activision Blizzard-owned Studio Say They Have Formed Union

. The Activision booth is shown at the E3 2017 Electronic Entertainment Expo in Los Angeles, California, U.S. June 13, 2017. / Mike Blake/File PhotoBy Julia Love SAN FRANCISCO -A group of employees at an Activision Blizzard (NASDAQ:ATVI) studio that works on the "Call of Duty" franchise said on Friday that they had formed a union and would seek voluntary recogni

21 Jan

Nasdaq Ends Worst Week Since Pandemic Onset as Netflix Leads Tech Rout

Nasdaq Ends Worst Week Since Pandemic Onset As Netflix Leads Tech Rout

. By Yasin – The Nasdaq slumped below the 14,000 level Friday, suffering its worst weekly loss since March 2020 as sentiment on tech was further soured by a slump in Netflix following disappointing quarterly results.The NASDAQ Composite slumped 2.7%, taking its weekly losses to about 7.5%. The S&P 500 fell 1.9% and the Dow Jones Industrial Average slipped 1.3%, or 450 points.Sentim

21 Jan

Morgan Stanley board lifts CEO Gorman's pay to $35 million

Morgan Stanley Board Lifts CEO Gorman's Pay To $35 Million

. James P. Gorman, chairman & CEO of Morgan Stanley, testifies before a House Financial Services Committeeon Capitol Hill in Washington, U.S., April 10, 2019. /Aaron P. Bernstein/File Photo Morgan Stanley (NYSE:MS) Chief Executive Officer James Gorman will get a 6% raise in annual pay, bringing his total compensation for 2021 to $35 million, the bank said

21 Jan

S&P 500, Nasdaq post worst weeks since pandemic start as Netflix woes deepen slide

S&P 500, Nasdaq Post Worst Weeks Since Pandemic Start As Netflix Woes Deepen Slide

2/2Reuters. The Nasdaq logo is displayed at the Nasdaq Market site in Times Square in New York City, U.S., December 3, 2021. /Jeenah Moon/File Photo2/2By Lewis Krauskopf, Shreyashi Sanyal and Bansari Mayur Kamdar Wall Street's main indexes ended sharply lower on Friday as Netflix (NASDAQ:NFLX) shares plunged after a weak earnings report, capping a brutal week for sto

21 Jan

U.S. studies highlight the need for COVID boosters to fight Omicron

U.S. Studies Highlight The Need For COVID Boosters To Fight Omicron

2/2Reuters. A worker from Chicago Family Health Center prepares a booster shot for the coronavirus disease (COVID-19) at a McDonald's, as the Omicron coronavirus variant spreads through the country, in Chicago, Illinois, U.S., December 21, 2021. /J2/2By Julie Steenhuysen CHICAGO Three U.S. studies show that a third dose of an mRNA vaccine is key to fighting the Omicr

21 Jan

Beyond Meat Up After Bullish BTIG Note, Despite Market Trends

Beyond Meat Up After Bullish BTIG Note, Despite Market Trends

By Sam — Beyond Meat Inc (NASDAQ:BYND) shares rose around 2.4% Friday after notes from both BTIG and HSBC on the stock.Burger chain giant McDonald's is extending the plant-based McPlant burger to around 600 locations from eight. BTIG analyst Peter Saleh said while they think "the sales benefit will be nominal for Beyond Meat in 2022, we believe this moves the product one step closer

21 Jan

Intel's $20 billion Ohio factory could become world's largest chip plant

Intel's $20 Billion Ohio Factory Could Become World's Largest Chip Plant

. The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, November 24, 2021. /Andrew KellyBy David Shepardson and Jane Lanhee Lee WASHINGTON/SAN FRANCISCO -Intel Corp said on Friday it would invest up to $100 billion to build potentially the world's largest chip-making complex in Ohio, looking to boost capacity as a global shortag