Google signs news content deals with Italian publishers

MILAN (Reuters) – Alphabet Inc’s Google has sealed its first licence agreements in Italy with several publishers to offer access to some of their content on the U.S. tech group’s Showcase news platform.Slideshow ( 2 images )Google News Showcase is a global product to pay news publishers for their content online and a new service that allows partnering publishers to […]

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ByteDance hires Xiaomi exec as CFO, moving towards IPO

FILE PHOTO: A man walks by a logo of Bytedance, the China-based company which owns the short video app TikTok, at its office in Beijing, China July 7, 2020. REUTERS/Thomas SuenBEIJING (Reuters) – TikTok owner ByteDance said on Wednesday it has hired Xiaomi Corp senior vice president Shou Zi Chew to be its new chief finance officer. Chinese smartphone maker […]

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Capitalism and greed gave Britain its vaccine success, PM Johnson says

FILE PHOTO: Britain’s Prime Minister Boris Johnson holds a news conference at 10 Downing Street, on the day of reflection to mark the anniversary of Britain’s first coronavirus disease (COVID-19) lockdown, in London, Britain March 23, 2021. REUTERS/Hannah McKay/Pool/File PhotoLONDON (Reuters) – Capitalism and greed gave Britain its success in vaccinating its population, Prime Minister Boris Johnson told lawmakers in […]

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Aid workers struggle to reunite Rohingya children separated by deadly fire

COX’S BAZAR, Bangladesh (Reuters) – Aid workers searched on Wednesday to reunite Rohingya Muslim families separated when a huge fire swept through the world’s biggest refugee settlement in Bangladesh, forcing about 45,000 people from their bamboo and plastic homes.A combination image of satellite photos shows Balukhali camp, a camp for Rohingya refugees, before (L) and after a fire near Cox’s […]

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UPDATE 1-French supermarket group Carrefour to buy Brazil's Grupo Big in $1.3 bln deal

(Adds detail and background) PARIS, March 24 (Reuters) – French supermarket retailer Carrefour has agreed to buy Grupo Big, Brazil’s third-biggest food retailer, in a deal valuing the Latin American firm at around $1.3 billion. The takeover, under which Carrefour would buy the company from Walmart and investment firm Advent International, comes as Carrefour seeks to expand in overseas markets […]

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Exclusive: China's Didi leans towards New York over Hong Kong for IPO, eyeing at least $100 billion valuation – sources

Slideshow ( 3 images )HONG KONG (Reuters) – China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its initial public offering IPO), eyeing a valuation of at least $100 billion via the float, two people with direct knowledge of the matter told Reuters. Didi has also discussed the option of listing via a […]

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Container ship runs aground in Suez Canal, blocks traffic

SINGAPORE (Reuters) – A large container ship that ran aground in the Suez Canal on Tuesday, possibly hit by a sudden strong wind, is blocking marine traffic in one of the world’s most important waterways and is likely to cause delays in oil and gas shipments. Shiptracking data on Refinitiv Eikon showed seven tug boats coming to the aid of […]

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Japan state-funded hotel deal pays rent to Myanmar defence ministry

TOKYO (Reuters) – A consortium of private Japanese firms and a Japanese state entity paid rent on a multi-million dollar hotel and office development that ultimately went to Myanmar’s defence ministry, six company and government officials told Reuters.A construction site of a large-scale complex called Y Complex by Japanese firms is seen in the land that once housed the military […]

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