Presidential visit opens investment gate
President Obama’s visit to Moscow has given the business community hope of better trade ties, with American companies announcing major investments into … source
Toyota completes $1.3 billion modernization project at Indiana facility
FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo (Reuters) – Toyota Motor Corp (7203.T) said…
Aramco IPO will come soon, Saudi crown prince to decide: energy minister
FILE PHOTO: The Saudi Aramco logo pictured at the company’s oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim Shemetov RIYADH (Reuters) – The initial public offering for state-owned…
Final Thomas Cook holiday-makers to fly home to Britain
FILE PHOTO: An Airbus A320 of Thomas Cook Airlines lands at Duesseldorf Airport, Germany September 23, 2019. REUTERS/Wolfgang Rattay LONDON (Reuters) – The final contingent of holiday-makers stranded overseas after…
Thomas Cook Germany in rescue talks with investors
BERLIN (Reuters) – Thomas Cook’s German tour business filed for insolvency on Wednesday in a move aimed at separating its brands and operations from its failed parent, and said it…
Germany offers Thomas Cook’s Condor 380 million euro bridging loan
BERLIN (Reuters) – Germany will guarantee a 380 million euro ($418.6 million)bridging loan for Condor, the German airline owned by insolvent British travel operator Thomas Cook, to enable it to…
About 45 Tunisian hotels affected by the collapse of Thomas Cook
TUNIS (Reuters) – About 45 hotels have been affected in Tunisia after the collapse of Thomas Cook, and the government will help the hotels with soft loans, Tunisia’s tourism minister…
LG Display to invest $2.6 billion in OLED panel plant in South Korea
FILE PHOTO: A man walks out of the headquarters of LG Display in Seoul, October 20, 2011. REUTERS/Jo Yong-Hak/File Photo SEOUL (Reuters) – LG Display said on Tuesday that it…
European startups navigate long, winding road to self-driving future
OXFORD, England (Reuters) – Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate…
Bumble owner to spend $100 million on dating apps
(Reuters) – The owner of dating app Bumble said on Friday it would revamp its holding structure and spend $100 million, as it looks to better compete with Match Group’s…