Japan’s ANA suspends recruitment citing coronavirus fallout

Japan’s ANA suspends recruitment citing coronavirus fallout
FILE PHOTO: An employee, wearing a protective mask following an outbreak of the coronavirus disease (COVID-19), passes in front of an All Nippon Airways (ANA) counter at the almost empty Kansai International Airport in Osaka, Japan, March 14, 2020. REUTERS/Edgard Garrido TOKYO (Reuters) – ANA Holdings Inc (9202.T), the operator of Japan’s top airline, said on Friday it would suspend... Read More

After surprise apology, Samsung heir pressed to explain family’s intentions

After surprise apology, Samsung heir pressed to explain family’s intentions
SEOUL (Reuters) – Samsung Group heir Jay Y. Lee’s vow to end dynastic succession at South Korea’s biggest conglomerate following three generations of family control sparked skepticism in some quarters and worry in others for the future of the country’s corporate champions. FILE PHOTO: Samsung Electronics Vice Chairman, Jay Y. Lee, speaks during a news conference at a company’s office... Read More

Top U.S., China trade officials agree to strengthen cooperation

Top U.S., China trade officials agree to strengthen cooperation
FILE PHOTO: China’s Vice Premier Liu He gestures to the media between U.S. Trade Representative Robert Lighthizer (L) and Treasury Secretary Steve Mnuchin before the two countries’ trade negotiations in Washington, U.S., October 10, 2019. REUTERS/Yuri Gripas BEIJING (Reuters) – Top U.S. and Chinese trade representatives discussed their Phase 1 trade deal on Friday with China saying they agreed to... Read More

China, U.S. hold trade talks on implementation of signed phase one deal

China, U.S. hold trade talks on implementation of signed phase one deal
(Reuters) – Chinese Vice Premier Liu He, U.S. Treasury Secretary Steven Mnuchin and United States Trade Representative Robert Lighthizer held a phone call late on Thursday in which they spoke about U.S.-China trade, the U.S. government said in a statement. The talk included the phase one agreement between the two countries signed earlier this year, the statement by the U.S.... Read More

Payments giant Fiserv names Bisignano to succeed Yabuki as CEO

Payments giant Fiserv names Bisignano to succeed Yabuki as CEO
FILE PHOTO: First Data Chairman and CEO Frank Bisignano delivers a keynote address at the Transact 15 conference in San Francisco, California April 1, 2015. REUTERS/Noah Berger NEW YORK (Reuters) – Payments giant Fiserv Inc (FISV.O) said Thursday that Frank Bisignano would become the company’s chief executive on July 1, with long-time head Jeffery Yabuki remaining on as executive chairman... Read More

Lyft to require passengers and drivers to wear masks

Lyft to require passengers and drivers to wear masks
TORONTO/NEW YORK (Reuters) – Lyft (LYFT.O) will require both passengers and drivers to wear masks and complete a health certification program, including confirming before each ride that they are not displaying symptoms associated with the novel coronavirus, the company said on Thursday. FILE PHOTO: A Lyft driver wears a mask during the coronavirus outbreak, as he leaves passengers in the... Read More

Neiman Marcus’s attempt to manage crushing debt undone by COVID-19

Neiman Marcus’s attempt to manage crushing debt undone by COVID-19
NEW YORK (Reuters) – On March 17, about a week after the World Health Organization declared COVID-19 a pandemic, Neiman Marcus Group had no choice but to close its 67 stores. FILE PHOTO: The signage outside the Neiman Marcus store is seen during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 19, 2020. REUTERS/Jeenah Moon... Read More