Sunday, November 29, 2020
Tags Company news

Tag: company news

HSBC warns it could face reprisals in China if UK bans...

(Reuters) - HSBC Holdings Plc () Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies...

Coty in talks to collaborate with Kim Kardashian for cosmetics line

(Reuters) - Coty Inc () is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty...

Costco Wholesale revenue rises 7.3% on coronavirus-induced stockpiling

(Reuters) - Warehouse club operator Costco Wholesale Corp () reported a 7.3% increase in quarterly revenue on Thursday, as people stocked up...

Alibaba extends its reach in China as coronavirus outbreak opens doors

SHANGHAI (Reuters) - Alibaba Group Holding Ltd () is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity...

Macy’s forecasts $1 billion quarterly loss due to lockdowns

(Reuters) - Macy's Inc () forecast a quarterly operating loss of up to $1.11 billion on Thursday, as the retailer was forced...

SK Hynix shares fall on demand worries after U.S. curbs on...

SEOUL (Reuters) - Shares of South Korea's SK Hynix (), the world's No.2 memory chip maker and supplier to Huawei , fell as much...

Tesla’s Musk says ready for arrest as he reopens California plant...

(Reuters) - Tesla Inc () Chief Executive Elon Musk on Monday said production was resuming at the automaker's sole U.S. vehicle factory, in California,...

Bankruptcy court approves Neiman Marcus’ plea to access financing

(Reuters) - U.S. luxury department store chain Neiman Marcus Group said on Friday it received court approval to access $675 million of...

Tesla cuts price for China-made Model 3 cars by 10% to...

BEIJING (Reuters) - U.S. electric vehicle maker Tesla Inc () said in Friday it has cut the starting price for China-made Model...

French court backs workers in Amazon row over virus measures

PARIS (Reuters) - A French court on Friday rejected Amazon's () appeal against a ruling that restricts what it can deliver during the coronavirus...