Deliveroo IPO puts London’s tech credentials to the test
LONDON (Reuters) -When food delivery firm Deliveroo joins the London stock market on Wednesday, it will be Britain’s biggest listing in a decade, even though some of the country’s leading investors – worth over $1 trillion between them – will be conspicuous by their absence. British Finance Minister Rishi Sunak has hailed the company’s decision […]
GameStop hires Amazon executive as chief growth officer in e-commerce shift
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] (Reuters) – GameStop Corp said on Tuesday it named Amazon.com Inc executive Elliott Wilke as chief growth officer, the latest top level appointment after shareholder Ryan Cohen took charge of the video game retailer’s e-commerce pivot. The company’s shares, which […]
Google Maps to start directing drivers to ‘eco-friendly’ routes
[et_pb_section fb_built=”1″ _builder_version=”3.22″][et_pb_row _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”] (Reuters) – Google’s Maps app will start directing drivers along routes estimated to generate the lowest carbon emissions based on traffic, slopes and other factors, the company announced on Tuesday. Google, an Alphabet Inc unit, said the feature would launch […]
Credit Suisse in firing line after Archegos losses
ZURICH/NEW YORK (Reuters) – Pressure was mounting on Credit Suisse on Tuesday over losses linked to the downfall of Archegos Capital, with analysts warning its dividend and share buyback plans may need to go on hold and investors advised to vote against management pay.
It’s time to get smart with Pacific ports
Harnessing advanced smart port technologies can enhance physical and economic resilience of “lifeline” ports in the Pacific.
Uneven Recovery Drives Growing Inequality Across East Asia and the Pacific
WASHINGTON, March 25, 2021 – More than a year into the COVID-19 pandemic, the developing economies of East Asia and the Pacific (EAP) are facing a markedly uneven recovery, according to the World Bank’s latest economic update for the region, released today. Only China and Vietnam are experiencing a V-shaped rebound where output has already surpassed pre-pandemic levels. In the other major […]
Statement on International Day for the Elimination of Racial Discrimination
WASHINGTON, March 21, 2021—World Bank Group President David Malpass issued the following statement on behalf of the Bank Group to mark today’s International Day for the Elimination of Racial Discrimination. “March 21 is observed annually to memorialize the day police in Sharpeville, South Africa opened fire and killed 69 people at a peaceful demonstration against apartheid in […]
Queen thanks volunteers for helping Britain through the pandemic
LONDON (Reuters) – Queen Elizabeth has thanked the millions of people who stepped up to volunteer during the pandemic in Britain, including those who delivered food, medicines and friendship to vulnerable people shielding at home for months. The 94-year-old Queen joined Camilla, the Duchess of Cornwall and wife of heir-to-the throne Prince Charles, on a […]
U.S.-China high-level talks to wrap up after acrimonious opening
ANCHORAGE, Alaska (Reuters) – Senior U.S. and Chinese officials are set to conclude their talks in Alaska on Friday after a dramatic opening round laid bare the depth of tensions between the world’s two largest economies at the outset of the Biden administration.
U.S. Justice Department probing Visa over debit-card practices: source
(Reuters) – The U.S. Department of Justice is investigating whether Visa Inc engages in anticompetitive practices in the debit-card market, a source familiar with the matter said on Friday.
