Amsterdam bans fast-delivery grocery hubs from residential areas
By Charlotte Van Campenhout AMSTERDAM (Reuters) -Amsterdam is banning fast-delivery grocery companies from setting up so-called dark stores in residential…
Business
Fed’s Kashkari says tight monetary policy may be needed for ‘extended’ time
By Ann Saphir (Reuters) – An extended period of high interest rates and an inverted yield curve could put more…
Volvo Cars delays EX90 production start
COPENHAGEN (Reuters) -Sweden-based Volvo Cars has delayed the start of production of its new Volvo EX90 model for more software…
Prada’s first-quarter sales up 22% on strong Asia, Europe growth
MILAN (Reuters) -Sales at Italian luxury group Prada rose 22% in the first quarter to 1.065 billion euros ($1.17 billion),…
Peloton backpedals to near record low after bike recall
NEW YORK (Reuters) – Shares of Peloton Interactive tumbled 6.0% in early trading and hit a more than six-month low…
TuSimple gets Nasdaq delisting notice for failing to file quarterly report
(Reuters) – TuSimple Holdings Inc said on Thursday it had received a delisting notice from the Nasdaq for failing to…
JPMorgan CEO Dimon says bank is convening a ‘war room’ on debt ceiling
NEW YORK (Reuters) -JPMorgan Chase & CO CEO Jamie Dimon said on Thursday the bank is convening weekly meetings to…
Italy discusses break-up rescue for Eurovita – sources
MILAN (Reuters) – Italian authorities and financial firms on Wednesday discussed plans to rescue Eurovita by dividing up the troubled…
Labor unions ask UN body to probe Starbucks’ use of legal loopholes
By Hilary Russ NEW YORK (Reuters) – Labor unions on Thursday asked a United Nations agency to investigate whether gaps…
Telecom Italia CEO says service business can stand on own two feet
MILAN (Reuters) – The head of Telecom Italia (TIM) said the company’s service business is “already sustainable” as a standalone…