Headwinds before takeoff for new Thai Airways team
BANGKOK (Reuters) – Struggling national carrier Thai Airways International PCL is pinning hopes of a revival to its 1990s heyday on a new leadership team, jet purchases and improving its…
In India, Google races to parry the rise of Facebook
SAN FRANCISCO/MUMBAI (Reuters) – Google retains only a slight lead over Facebook in the competition for digital ad dollars in the crucial India market, sources familiar with the figures say,…
Trade war threatens reign of luxury stocks
LONDON/PARIS (Reuters) – An escalating trade war between the United States and China could abruptly end a glittering stock market run for luxury goods firms, with some investors already put…
GM squeezes pounds and pennies to attack Ford’s pickup profit machine
FORT WAYNE, Ind. (Reuters) – When General Motors Co (GM.N) engineers were developing the 2019 Chevrolet Silverado and GMC Sierra pickup trucks, some of them joined public tours of Ford…
Ding! Alibaba office app fuels backlash among some Chinese workers
BEIJING/HANGZHOU, China (Reuters) – In the cramped former home of Jack Ma, founder of the Chinese e-commerce giant Alibaba, about thirty young engineers sit elbow-to-elbow, working to attract the next…
Walmart stumbles with its ‘last mile’ package delivery plan
EAST BRUNSWICK, N.J. (Reuters) – Standing before an audience of 14,000 people last year, Walmart Inc executives described a radical plan to help it fend off Amazon.com Inc and other…
J&J vows to overturn $4.7 billion talc verdict but experts see hurdles
NEW YORK (Reuters) – Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who claim asbestos-contaminated talc in the company’s products gave them ovarian…
Fox spirits and demons: China’s tech giants splash out in cartoon arms race
HANGZHOU, China (Reuters) – Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto. People…
Fed up with rising costs, big U.S. firms dig into healthcare
SAN JOSE, Calif. (Reuters) – At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual lengths to take control of the relentless increase in its…
Italy’s euroskeptics and their currency ideas take center-stage
ROME (Reuters) – If Italy leaves the euro, it will be late on a Friday night. FILE PHOTO: A two Euro coin is seen in this picture illustration taken in…