By Carolina Pulice MEXICO CITY (Reuters) – The wholesale arm of Carrefour Brasil added 15,000 direct and indirect jobs in the first six months of 2023, the retailer said on Thursday, as it continues to expand in South America’s largest nation. The unit, Atacadao, which operates warehouse stores and distribution centers across Brazil, did not…
By Guy Faulconbridge and Gleb Stolyarov MOSCOW (Reuters) -Russian President Vladimir Putin on Thursday asked the state-owned VTB bank to manage the state’s 100% stake in United Shipbuilding Corporation (USC), Russia’s largest shipbuilder, to solve financial problems at the firm. Putin’s decision effectively transfers control of Russia’s premier shipbuilding assets to Moscow-based VTB, which has…
(Reuters) – The 75th Emmy Awards ceremony has been postponed to Jan. 15, the Television Academy and broadcast network Fox said on Thursday, as Hollywood writers and actors strike over labor disputes with major studios. The Emmys were originally slated to air on Fox on Sept. 18 and nominations for the highest honors in television…
(Reuters) -Ride-sharing platform Lyft will start displaying advertisements on its app, the company said in a blog post on Thursday as it looks to create a more stable source of revenue. The move will help Lyft, whose business is completely dependent on ride-hailing. Its larger rival Uber Technologies has a more mature advertising business along…
By Valentina Za and Alexandra Schwarz-Goerlich MILAN (Reuters) -Italy’s biggest bank Intesa Sanpaolo is getting closer to securing approval from Moscow to transfer its Russian business to local management, a source close to the matter said, as the country’s stance on asset disposals shifts. Intesa has said in the past that it was working “to…
By Alexander Marrow and Polina Devitt LONDON (Reuters) – The Kremlin’s fear of a serious tech brain drain is the main factor preventing Moscow from nationalising Nasdaq-listed Yandex, often dubbed “Russia’s Google”, four people with knowledge of the company’s divestment plans told Reuters. Yandex’s fate has been the subject of much speculation since it announced…
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s outgoing prime minister, Shehbaz Sharif, and the leader of the opposition will meet again on Friday to try to pick a caretaker leader to oversee a general election due by November, the premier’s office said. Sharif and opposition leader Raja Riaz held a first round of talks on Thursday…
By Julian Luk LONDON (Reuters) – China’s largest private copper producer Nanfang Nonferrous is due to bring a major new smelter to production by October, more than doubling its capacity, a few months ahead of expectations, four sources with direct knowledge of the matter told Reuters. Used for wiring in electric vehicles, copper is a…
By Stefanno Sulaiman TANGERANG, Indonesia (Reuters) – Indonesia said on Thursday it would give automakers two more years to qualify for electric vehicle incentives in Southeast Asia’s largest auto market, a move followed by investment commitments by China’s Neta EV brand and Mitsubishi Motors. The moves announced at the Jakarta auto show come as Indonesia…
By Elias Biryabarema KAMPALA (Reuters) -Uganda’s President Yoweri Museveni on Thursday denounced the World Bank’s decision to suspend new funding in response to a harsh anti-LGBTQ law and vowed to find alternative sources of credit. The country would have to revise its budget to absorb the move’s potential impact, a junior finance minister said. The…
