(Reuters) -United Parcel Service Inc shares fell to a three-month low on Tuesday on worries that growth from the pandemic-fueled e-commerce boom may be fading.FILE PHOTO: The company logo for United Parcel Service (UPS), is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. REUTERS/Brendan McDermid/File […]
The pandemic dealt a gut punch to landlords of office buildings. Aware that work can go on with employees logging in from home, businesses across the country shrank their spaces or eliminated them entirely, creating a cascade of reduced construction and plummeting office rents. The collateral damage of this remote work revolution has been millions […]
FILE PHOTO: Products produced by Reckitt Benckiser; Vanish, Finish, Dettol and Harpic, are seen in London, Britain February 12, 2008. REUTERS/Stephen Hird(Reuters) – Lysol maker Reckitt Benckiser Group missed analysts’ estimates for second-quarter sales on Tuesday, as demand eased for its soaps and cold remedies and the company backed its full-year outlook. The company reported […]
LOS ANGELES — Heads are spinning in Hollywood: Universal Pictures and its streaming-service cousin have closed a $400 million-plus megadeal to buy a new “Exorcist” trilogy, signaling a sudden willingness to compete head-on with the technology giants that are upending entertainment industry economics. Donna Langley, the film studio’s chairwoman, teamed with Peacock, NBCUniversal’s fledgling streaming […]
A complaint has been laid with the Serious Fraud Office (SFO) over the alleged actions of the director of a failed investments firm. Options Trading and Investments NZ Limited is a Porirua company, incorporated in April 2015, which purported to offer investment services to its clients. However, the Herald understands investors grew concerned when payments […]
(Reuters) -Hasbro Inc is trying to get around the supply chain bottlenecks set off by the pandemic to deliver toys and boardgames for the holiday season by expanding its shipping operations and advancing its sourcing of products.Slideshow ( 2 images )The move by the U.S. toymaker aims to cash in on the demand for Nerf […]
BERLIN (Reuters) -German business morale fell unexpectedly in July on continuing supply chain worries and amid rising coronavirus infections, a survey showed on Monday.FILE PHOTO: The skyline with the financial district is photographed during sunset in Frankfurt, Germany, April 22, 2020, as the spread of the coronavirus disease (COVID-19) continues. REUTERS/Kai PfaffenbachThe Ifo institute said […]
FILE PHOTO: A Ryanair Boeing 737-800 aircraft approaches Paris-Beauvais airport in Tille, northern France, September 27, 2018. REUTERS/Christian HartmannDUBLIN (Reuters) – Ryanair on Monday nudged up its forecast for full-year traffic on strong summer bookings but said fares remained well below pre-pandemic levels as it reported an after-tax loss of 273 million euros ($321.5 million) […]
FILE PHOTO: A Ryanair Boeing 737-800 aircraft approaches Paris-Beauvais airport in Tille, northern France, September 27, 2018. REUTERS/Christian HartmannDUBLIN (Reuters) – Ryanair on Monday nudged up its forecast for full-year traffic on strong summer bookings but said fares remained well below pre-pandemic levels as it reported an after-tax loss of 273 million euros ($321.5 million) […]
GapKids will unleash its back-to-school campaign Tuesday featuring “The Dope Educator,” David Jamison, a Memphis, Tenn., teacher. The campaign, which breaks Tuesday and runs through Aug. 22, captures the bond between Jamison and his fifth grade students from Hickory Ridge Elementary School who represent Individuals, Gap’s collective of changemakers across generations. Jamison caught Gap’s attention […]