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Tag: Chief Executive

Amazon exec says Omicron’s impact on holiday spending uncertain

A senior Amazon.com Inc (AMZN.O) executive said it remains too early to predict how the Omicron coronavirus variant will impact consumer spending during the holiday season but suggested that shoppers will press ahead for now.

Google proposes new commitments on browser cookies – UK competition regulator

Britain’s competition regulator said on Friday it had secured improved commitments from Alphabet’s (GOOGL.O) Google on changes to user-tracking cookies in its browser, including the U.S. tech giant extending the time any pledges would last to six years.

Robotics maker AutoStore doubles revenue, warns of margin impact

AutoStore (AUTO.OL) faces tight supply of certain components that will impact earnings margins in the short term, the Norwegian robotics company said on Wednesday after posting a 95% surge in third-quarter revenue to $84.7 million.

Italy’s Enel cranks up spending to become carbon-free by 2040

Europe’s biggest utility Enel (ENEI.MI) will spend 170 billion euros ($191.2 billion) to 2030 and will seek to draw in additional funds from partners and others for its projects as it brings forward plans to become a carbon-free company by 2040.

EXCLUSIVE Indigenous group seeks stake in Woodside’s $12 bln Scarborough, Pluto LNG project

A Western Australian Indigenous group is in talks with Woodside Petroleum (WPL.AX) over obtaining a stake in its $12 billion Scarborough and Pluto LNG expansion to help secure the future of the local traditional owners, a senior Indigenous official told Reuters.

EXCLUSIVE BNP hires advisers to explore $15 bln Bank of the West sale – sources

BNP Paribas (BNPP.PA) is working with advisers to assess a sale of its U.S. arm Bank of the West as it seeks to retreat from the American retail banking market after struggling to compete with larger and better capitalised rivals, sources told Reuters.

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