By Paresh Dave (Reuters) – YouTube and Roku Inc announced on Wednesday a multi-year pact to end a battle that dragged for months over accusations of anti-competitive conduct and threatened to strip the internet’s biggest video streaming service from tens of millions of TV devices. “Roku and Google have agreed to a multi-year extension for …
YouTube stays on Roku devices as companies strike multi-year deal Read More »
By Peter Hobson LONDON (Reuters) – A group of banks, financial firms and blue-chip companies has drawn up trading guidelines designed to boost activity in the auctions that set gold and silver benchmark prices used around the world and make them more reliable. The benchmarks are intended to be a fair and accurate snapshot of …
Trading standard seeks to cut risk of gold benchmark volatility Read More »
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) -Airbus is closing towards a possible breakthrough at Dutch airline KLM, potentially displacing Boeing as its supplier of medium-haul jets, three people familiar with the matter said on Wednesday. The European planemaker has taken the lead in a bid to supply A321neo jets to the Dutch …
Airbus takes lead in Dutch KLM jet contest – sources Read More »
By John Revill ZURICH (Reuters) – Europe’s first cross-border trial of central bank digital currency payments has been described as a success by the central banks of Switzerland and France, though they said it would not immediately lead to issuance of CBDCs. Project Jura, named after the mountains between the two countries, is the latest …
Digital euro, Swiss franc trials were successful, c.banks say Read More »
By David Shepardson WASHINGTON (Reuters) -Expressing concern about distraction-affected vehicle crashes, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it is discussing with Tesla Inc the electric carmaker’s software update that lets users play video games on a touch screen mounted in front of the dashboard. Tesla added the games in an …
U.S. auto safety agency presses Tesla on video game feature Read More »
By Hilary Russ NEW YORK (Reuters) – McDonald’s Corp will provide $250 million of low-cost, short-term loans over five years in the United States as part of an effort to boost diversity among its franchisees. The Chicago-based company also said it will increase its franchisee recruiting and development efforts globally as it seeks to draw …
McDonald’s offers low-cost loans to attract more diverse franchisees Read More »
PARIS (Reuters) -Global airlines blasted governments on Wednesday for worsening the Omicron scare through snap border measures and “rip-off” virus testing regimes, and urged politicians to let travellers make their own decisions based on scientific data. Willie Walsh, director general of the International Air Transport Association, predicted “knee-jerk” border restrictions resulting from the coronavirus variant …
Airlines say nations overreacted to Omicron variant Read More »
By David Henry NEW YORK (Reuters) – JPMorgan Chase & Co will give customers more leeway on overdrafts before charging fees, giving up revenue in a bid to keep up with competitors and attract customers, it said on Wednesday. Beginning next year it will give customers a full day to restore overdrawn balances and will …
JPMorgan Chase reduces bank overdraft fees in bid for customers Read More »
By Lisa Baertlein and Richa Naidu LOS ANGELES/CHICAGO (Reuters) – Amazon.com Inc’s push to recruit big-rig contractors to haul goods across its web of warehouses is colliding with a trucker shortage as the e-commerce company moves what are expected to be record numbers of packages this holiday season. Its project, called Amazon Freight Partners (AFP), …
Amazon’s trucking ambitions bump up against driver shortage, competition Read More »
(Reuters) – U.S. travel and leisure stocks surged on Wednesday after BioNtech SE and Pfizer Inc said a three-shot course of their COVID-19 vaccine was able to neutralize the new Omicron variant. Shares of U.S. airlines – including Delta Air Lines Inc, United Airlines Holdings Inc, American Airlines Group Inc and Southwest Airlines Co – …
U.S. travel stocks jump as new vaccine data eases Omicron fears Read More »
