WarnerMedia's cable news network CNN, owned by AT&T Inc (T.N), is planning a new streaming service, known informally as CNN+, the Wall Street Journal reported on Tuesday. The service will…
Category: Business
UK funds group calls on G7 to bolster corporate climate disclosures
Britain's investment industry has called on the G7 to do more to improve corporate reporting on climate-related risks, adding to pressure from the financial sector as it grapples with the…
Cathay Pacific hiring more local pilots despite travel slump
Hong Kong's Cathay Pacific Airways Ltd (0293.HK) has resumed recruiting pilots with residency rights in the territory as part of medium- to long-term planning, the airline said on Tuesday, despite…
Software group SAP adopts flexible working, by popular demand
Business software group SAP (SAPG.DE) is adopting flexible working for its 100,000 employees around the world, after the experience of remote working during the COVID-19 pandemic drew overwhelmingly positive feedback.…
Euro zone inflation jumps past ECB target in May
Euro zone inflation surged past the European Central Bank's elusive target in May, heightening a communications challenge for policymakers who will happily live with higher prices for now but may…
Ford’s electric Mustang tops Norway car sales in May
Ford Motor Co's (F.N) electric Mustang Mach-E topped Norway's car sales in May, the first full month of registrations for the crossover vehicle in the small but influential Nordic market,…
Blackstone, Starwood Capital raise offer for Extended Stay to $20.50 per share
Extended Stay America (STAY.O) said on Tuesday Blackstone Group (BX.N) and Starwood Capital Group raised their buyout bid for the hotel operator by $1 per share, after a proxy adviser…