Category: Business

Amnon Free Press → GM, Cruise demand Ford drop ‘BlueCruise’ name for hands-free driving

By Joseph White DETROIT (Reuters) – General Motors Co and its Cruise robo-taxi subsidiary said early Saturday they will take action to stop Ford Motor Co from using the name “BlueCruise” to market its

Amnon Free Press → China regulator bars Tencent from exclusive rights in online music

SHANGHAI (Reuters) – China’s market regulator on Saturday said it would bar Tencent Holdings Ltd from exclusive music copyright agreements and fined the company for unfair market practices in the

Amnon Free Press → Brazil competition regulator signals ‘complex’ path for Oi sale approval

SAO PAULO (Reuters) – The superintendence of Brazil’s competition regulator Cade said on Friday it viewed an asset sale by Brazilian telecom Oi SA as “complex,” suggesting that TIM, Telefônica Brasil

Amnon Free Press → Exclusive-Historic low river levels force Argentine grains ships to cut cargoes by 25%, ports chamber says

By Hugh Bronstein and Maximilian Heath BUENOS AIRES (Reuters) – Ships leaving the Argentine grains hub of Rosario on the Parana River are having to cut cargoes by 25% due to severely low water levels,

Amnon Free Press → Global insurance recovery will be faster, stronger than in 2008 -Swiss Re

By Alwyn Scott NEW YORK (Reuters) – The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles

Amnon Free Press → United Airlines urges federal action on congestion at Newark airport – letter

By David Shepardson WASHINGTON (Reuters) – United Airlines wants the federal government to step in to address congestion problems at Newark Liberty International Airport as a runway repair project

Amnon Free Press → Former Virgin Galactic CEO to fly to space – CNBC

(Reuters) – Former chief executive officer of Virgin Galactic Holdings, George Whitesides, will fly to space on the aerospace company’s next test spaceflight, CNBC reported on Friday.

Amnon Free Press → EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford

DETROIT (Reuters) – Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com, Ford Motor Co and T. Rowe Price.

Amnon Free Press → Global supply chains buckle as virus variant and disasters strike

By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING (Reuters) -A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports.

Amnon Free Press → Big tech companies retake market reins with earnings on tap

By Lewis Krauskopf NEW YORK (Reuters) – The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that