Australia's Coles to take $17 million provision to compensate underpaid staff

Australian No. 2 supermarket chain Coles Group Ltd said on Friday it would take an additional provision of A$25 million ($16.96 million) to compensate underpaid salaried employees.

newspaper

02-06-2023

Twitter's head of trust and safety says she has resigned

Twitter's head of trust and safety Ella Irwin told Reuters on Thursday that she has resigned from the social media company.

newspaper

01-06-2023

Hackers use flaw in popular file transfer tool to steal data, U.S. researchers say

Hackers have stolen data from the systems of a number of users of the popular file transfer tool MOVEit Transfer, U.S. security researchers said on Thursday, one day after the maker of the software disclosed that a security flaw had been discovered.

newspaper

01-06-2023

South Korea May inflation cools to 19-month low, core inflation eases

South Korea's consumer inflation eased for a fourth consecutive month in May to the lowest level in 19 months, data showed on Friday, matching market expectations.

newspaper

01-06-2023

Boeing delays debut crewed Starliner spaceflight over new issues

WASHINGTON (Reuters) -Boeing Co will stand down from late preparations for its first crewed Starliner test flight to space that was planned for July after it discovered two safety-critical issues with the spacecraft, a company official said on Thursday.

newspaper

01-06-2023

Yellen urges new World Bank chief to 'get the most' from balance sheet

U.S. Treasury Secretary Janet Yellen on Thursday told incoming World Bank Group President Ajay Banga to "get the most out of the bank's balance sheet" and mobilize more private capital for climate finance and global development objectives, the Treasury said.

newspaper

01-06-2023

JetBlue to spin-off Spirit Airlines' holdings at NY airport

JetBlue Airways Corp said on Thursday it would sell Spirit Airlines Inc's holdings at New York's LaGuardia Airport upon completion of their planned merger.

newspaper

01-06-2023

Netflix shareholders withhold support for executive pay package

Netflix Inc shareholders on Thursday withheld their support for the company's executive pay package, in a non-binding vote that followed a call by striking Hollywood writers to reject the proposed 2023 compensation.

newspaper

01-06-2023

US auto safety agency fails to meet internal timelines in defect probes -report

The National Highway Traffic Safety Administration (NHTSA) routinely fails to meet its internal timelines for completing auto safety defect investigations, a government report released on Thursday found.

newspaper

01-06-2023