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Amazon launches Prime service in Brazil’s tough market
Amazon.com Inc said it will launch its Prime subscription service in Brazil on Tuesday as it seeks to broaden its footprint in Latin America’s largest economy, where it has struggled against tough local competition.
In a bid to dislodge…
KLM employees cancel the planned Sunday strike on wages and conditions
Ground staff at Dutch airline KLM <AIRF.PA> have cancelled a strike scheduled for Sunday, trade union FNV said.
Baggage handlers and other ground personnel of Air France-KLM’s Dutch arm were to stop working for four hours on…
Symantec receives benefit from the acquisition companies Permira, Advent – WSJ
Private equity firms Permira and Advent International Corp have proposed a deal to buy Symantec Corp <SYMC.O> for more than $16 billion (13 billion pounds) after the cyber security company agreed to a sale of a big chunk of its…
TomTom: Microsoft integrates our navigation system into the connected vehicle platform
TomTom <TOM2.AS>, the Dutch mapping and navigation company, said on Friday Microsoft <MSFT.O> is integrating TomTom’s navigation technology into its Connected Vehicle Platform.
In February the two companies announced a wider…
Deutsche Telekom 5G operates directly in five German cities
Deutsche Telekom <DTEGn.DE> said on Thursday its 5G mobile network had gone live in five German cities, timing the launch for maximum impact on the opening day of the IFA consumer electronics fair in Berlin.
The German market…
Thales reports high profits in the first half, reviewing sales growth guidelines
French defence electronics group Thales <TCFP.PA> reported higher first-half profits on Wednesday but toned down its organic sales growth outlook for the full year, citing a slowdown in the commercial space market.
Thales said that…
Just eat shareholder Eminence Capital to vote against Takeaway.com merger
A top-10 investor in Just Eat <JE.L> said on Tuesday it would vote against the British food delivery company’s proposed 9 billion pound merger with Takeaway.com <TKWY.AS>.
Eminence Capital, a U.S. asset management firm which…
Oil retreated amid a new round of tariffs in the US-China trade war
Oil prices fell on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and demand for crude.
Brent crude was down 42 cents, or 0.7%, at $58.83 a barrel by…
UAE companies explore trade in Syria exhibition, defying US pressure
A delegation of at least 40 businessmen from the United Arab Emirates attended a state-backed trade fair in Syria’s capital, defying U.S. warnings against doing business with the government and associates of President Bashar al-Assad.…
China August factory shrink for the fourth month – official PMI
Factory activity in China shrank in August for the fourth month in a row, official data showed on Saturday, as the United States ramped up tariff pressure and domestic demand remained sluggish.
The Purchasing Managers’ Index (PMI) fell…