SHANGHAI (Reuters) – General Motors (GM.N) renews its Chinese line-up with a greater emphasis on electric cars and smart-drive technology to put a slump in sales after more than two decades of growth in a country that contributes nearly a fifth of its profits. PHILO PHOTO: A new GM Cadillac …
Read More »Carnival hit by attack of ransomware, guest and employee data accessible
FILE PHOTO: A man holds a laptop computer because cyber code is projected on him in this illustration forum, created on May 13, 2017. REUTERS / Kacper Pempel / Illustration / file photo (Reuters) – Cruise Operator Carnival Corp (CCL.N) said on Monday that it had begun an investigation into …
Read More »Lyft retains the profitability target by the end of 2021, even if COVID-19 guts demand
(Reuters) – Lyft Inc said on Wednesday that cost cuts are putting the company on track to reach its target of becoming profitable on an adjusted basis by the end of 2021, even as second-quarter revenue tumbled 61% due to coronavirus-related limitations.
Read More »“So far, so good” in the main COVID vaccine, says AstraZeneca
(Reuters) – Britain’s AstraZeneca (AZN.L) said Thursday that good data is being obtained so far on its vaccine against COVID-19, which is already in large-scale human trials and is widely regarded as the leader in the race for a vaccine against the new coronavirus. . An employee is seen at …
Read More »Facebook smashes revenue estimates amid pandemic, predicts ad growth
(Reuters) – Facebook Inc (FB.O) beat analyst estimates for quarterly revenue on Thursday as companies used their digital advertising tools to take advantage of a surge in online traffic during the coronavirus pandemic, even as they cut marketing budgets elsewhere. FILE PHOTO: A 3D printed Facebook logo seen on a …
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