China's JD Logistics locks in $1.1 billion in capital raising

(Reuters) -China's JD Logistics will price its issue of new shares at HK$20.71 each to raise HK$8.53 billion ($1.09 billion), according to a Hong Kong Stock Exchange filing on Friday.

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24-03-2022

Hershey workers at Virginia plant vote against unionizing

Workers at Hershey Co's second largest U.S. manufacturing plant voted against unionizing, even as unionization efforts have gained momentum among low-paid workers at large U.S. corporations.

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24-03-2022

Inside China's electric drive for swappable car batteries

A year ago Tesla dismissed the alternative path of electric car battery swapping as "riddled with problems and not suitable for widescale use". It seems Beijing disagrees.

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24-03-2022

Apple urges court to reject Epic's appeal in App Store antitrust case

Apple Inc on Thursday told appellate judges that video game maker Epic Games had failed to show any legal error that would justify them overturning a lower-court ruling that found key App Store policies do not break U.S. antitrust law.

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24-03-2022

EU clinches U.S. LNG deal, brushes off Russian rouble demand

BRUSSELS (Reuters) -The European Union and United States are set to unveil a deal on Friday to supply Europe with more U.S. liquefied natural gas, sources told Reuters, as the European bloc seeks to quickly curb its reliance on Russian fossil fuels.

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24-03-2022

Todd Boehly-led group advances in bid for Chelsea

A consortium comprising investors Todd Boehly, Hansjorg Wyss and Jonathan Goldstein has been shortlisted in the auction for English Premier League club Chelsea, a source familiar with the matter told Reuters.

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24-03-2022

New Zealand's NZME, Google to discuss news delivery terms amid fair payment push

New Zealand media firm NZME said on Friday it has signed a letter of intent with Google to outline terms for news content delivery, as the country's publishers take on digital platforms over fair payment for news displayed on their sites.

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24-03-2022

Suspected Okta hackers arrested by British police

LONDON/WASHINGTON (Reuters) -Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms including Okta Inc and Microsoft Corp, City of London Police said on Thursday.

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24-03-2022

German gas buyers raise the alarm over Russia's rouble demand

German utilities on Thursday said their country needed an early warning system to tackle gas shortages, a day after Russia ordered the switch of contract payments to roubles, raising the risk of a supply squeeze and even higher prices.

newspaper

24-03-2022