By Ananya Mariam Rajesh, Deborah Mary Sophia and Siddharth Cavale (Reuters) – Spending online on Cyber Monday is set to exceed $12 billion, a record, as bargain hunters snap up deals on items including Barbie dolls, Lego sets, headphones and smart watches, according to preliminary estimates from Adobe Digital Insights. The estimate projects U.S. shoppers…
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell on Monday, with the Brent benchmark dipping below $80 a barrel as investors awaited this week’s OPEC+ meeting and expected curbs on supplies into 2024. Brent crude futures were down 60 cents, or 0.7%, at $79.98 a barrel. U.S. West Texas Intermediate (WTI) crude futures lost 68…
(Reuters) -North American pilots and flight attendants are pushing for better pay and working conditions during their talks over new job contracts with company managements. Members at some unions have voted to authorize a strike if a new contract is not reached. The aggressive stance comes as the U.S. airline industry struggles to boost staff…
(Reuters) -Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third parties. Cyber Monday, the first Monday after the Thanksgiving holiday, is set to be the biggest U.S. online shopping day of the year as…
LONDON (Reuters) -Amazon workers walked out on strike at multiple locations across Europe on Friday in protests against the U.S. e-commerce giant’s working practices on one of the busiest shopping days of the year. “Make Amazon Pay”, a campaign coordinated by the UNI Global Union, said strikes and protests would take place in more than…
By Nick Carey LONDON (Reuters) -Nissan will pump 1.12 billion pounds ($1.4 billion) into building electric versions of two of its cars at its British plant, in a boost for the country’s auto industry and a prime minister desperate to attract foreign investment. Friday’s announcement fires the starting gun on Rishi Sunak’s Global Investment Summit…
By Sinead Cruise and Lawrence White LONDON (Reuters) -Barclays is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters. Managers at Barclays, led by Chief Executive…
By Yelin Mo and Brenda Goh BEIJING (Reuters) -Apple saw a decline in the number of smartphones sold during China’s recent Singles Day shopping festival, data from Counterpoint Research showed, lagging domestic rivals Huawei and Xiaomi which recorded robust increases. The number of Apple smartphones sold declined 4% year-on-year during the two-week sales from Oct….
By Anna Tong, Jeffrey Dastin and Krystal Hu (Reuters) -Ahead of OpenAI CEO Sam Altman’s four days in exile, several staff researchers wrote a letter to the board of directors warning of a powerful artificial intelligence discovery that they said could threaten humanity, two people familiar with the matter told Reuters. The previously unreported letter…
By Daniel Trotta and Allison Lampert (Reuters) -Millions of Americans crowded into airports or hit the road on Wednesday ahead of Thanksgiving Day, creating the busiest travel day since the pandemic virtually shut down the tradition of visiting friends and family over the long holiday weekend. A sprawling storm that brought downpours and gusting winds…
