Apple to start enforcing new app privacy notifications in coming weeks

(Reuters) – Apple Inc said on Wednesday that in the coming weeks it will start enforcing a new privacy notification rule that digital advertising firms such as Facebook Inc have warned will hurt their sales. Apple said the notices will become mandatory when its iOS 14.5 operating system becomes available in the coming weeks, though […]

GIPEX 2021

Guyana International Petroleum Business Summit & Exhibition will go virtual this year as GIPEX 2021 – Virtual Edition GIPEX is the largest and most influential Oil & Gas event in the Caribbean region. GIPEX brings together the entire Oil & Gas value chain including international oil companies, service providers, senior-level policymakers, investors, and other stakeholders to […]

Nissan’s China passenger and light vehicle sales jump 70.6% in first quarter

SHANGHAI (Reuters) – Nissan Motor Co’s passenger and light vehicle business in China increased unit sales by 70.6% year on year in the first three months of 2021, the company said in a statement on Wednesday. The division sold 352,352 vehicles in the quarter. Reporting by Josh Horwitz; Editing by David Goodman Our Standards: The Thomson […]

Shell expects at best steady fuel sales for first quarter

LONDON (Reuters) – Royal Dutch Shell expects its fuel sales to fall or at best be broadly steady for the first quarter as some coronavirus restrictions ease, the world’s biggest fuel retailer said in a trading update on Wednesday. Shell said it saw refined oil product sales at 3.7-4.7 million barrels per day (bpd) for […]

Swiss watchmakers go digital to show off new products, revive sales

ZURICH (Reuters) – Luxury Swiss watchmakers, usually not big fans of online retailing, are launching a new all-digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis. Makers of high-end watches still largely rely on physical stores for sales, but the success of […]

Deliveroo ticks up as retail investors join trading

LONDON (Reuters) -Deliveroo shares opened slightly higher on Wednesday, the first day when retail investors were allowed to trade stock bought during the food delivery group’s initial public offering (IPO). At 0730 GMT on its first day of unrestricted trading, shares were up 2.7% at 287.7 pence, but still about 25% lower than the IPO […]

Samsung Electronics says Q1 profit likely rose 44%, matching expectations

SEOUL (Reuters) -Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. The South Korean technology giant forecast January-March operating profit of 9.3 trillion won ($8.32 […]

Exclusive-HSBC moves more than 1,200 UK staff to permanent home working

LONDON (Reuters) – HSBC is moving more than 1,200 staff in Britain to permanent working from home contracts, in one of the strongest indications yet of how banks are locking in changes to employees’ work patterns as a result of the pandemic to cut costs. Around 70% of the bank’s 1,800 call centre staff based […]

Asian shares ease from three-week highs, dollar retreats

SYDNEY (Reuters) – Asian shares pulled back from a three-week high on Wednesday, dragged lower by Chinese stocks, though investors were still focused on upcoming company earnings for more signs of a global economic recovery. Eurostoxx 50 futures were off 0.1%, those for Germany’s Dax were barely changed while London’s FTSE futures were up 0.4%. […]