Uber Sells Food Delivery Business in India

The ride-hailing giant agreed to sell Uber Eats in India to rival Zomato, continuing its recent efforts to exit money-losing businesses. Press Release Distribution Service

DealBook: Davos Warms to Trump’s Results (if Not Him Personally)

Many of the elite who gather at the World Economic Forum were horrified by his election. But most seem to have come to accept the U.S. president. Press Release Distribution Service

Women’s Gains in the Work Force Conceal a Problem

Jobs traditionally viewed as female still don’t pay well, and still don’t appeal to men. Fixing one of these things would fix the other. Press Release Distribution Service

Trump Focuses on Economy at Davos, Seeking a Counter to Impeachment

President Trump made his first appearance on the international stage since the House sent impeachment articles to the Senate, on the day his trial is set to begin in earnest. Press Release Distribution Service

Apple lawsuit tests if an employee can plan rival startup while on payroll

Attorneys for a former Apple Inc executive on Tuesday will try to convince a skeptical judge of a core tenet of tech startup culture – that employees can plan a competing venture while still in a job. Press Release Distribution Service

Huawei CFO’s legal team to contest U.S. extradition in day 2 of Canada hearing

Huawei Chief Financial Officer Meng Wanzhou is set to return to a Vancouver court on Tuesday, where her lawyers will build on their arguments against the U.S. extradition request that they say is based a sanctions violation and not bank fraud. Press Release Distribution Service

Uber tests feature allowing some California drivers to set fares: WSJ

Uber Technologies Inc is testing a feature that allows some drivers in California to set their fares, the Wall Street Journal reported https://www.wsj.com/articles/uber-is-testing-a-feature-that-lets-some-california-drivers-set-fares-11579600801 on Tuesday, citing a person involved in developing the feature. Press Release Distribution Service

BP appoints new finance chief as Looney prepares to take over

BP’s finance chief Brian Gilvary is to step down in June after eight years in the role and will be replaced by a close ally of Bernard Looney who takes over as chief executive next month. Press Release Distribution Service

Facebook targets UK growth with 1,000 hires this year

Facebook will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering center outside the United States after Britain leaves the European Union. Press Release Distribution Service

KFC apologizes for ‘sexist’ Australian ad: report

KFC apologized for an advertisement in Australia that shows two young boys staring at a woman’s breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called “sexist”, the Australian Associated Press reported. Press Release Distribution Service

Airbus adds new A321 production capabilities in France to meet strong demand

European planemaker Airbus said on Tuesday that it had decided to create new A321 production capacity at its French site in Toulouse, in order to cope with strong demand. Press Release Distribution Service

Japan’s Aeon aims to serve eco-certified sushi in time for Olympics

Japanese supermarket chain Aeon Co Ltd , Asia’s biggest retailer by sales, said it aims to start selling eco-certified sushi this year amid growing demand for sustainable seafood and in time for an expected surge in tourists during the Tokyo Olympics. Press Release Distribution Service

China virus sends shiver through markets as risks mount

Global shares took a beating on Tuesday, wiping out all gains made at the start of the week as mounting concerns about a new strain of coronavirus in China sent a ripple of risk aversion through markets. Press Release Distribution Service

Uber sells Indian Eats business to Zomato in move to cut losses

Uber has sold its loss-making online food-ordering business in India to local rival Zomato in exchange for a 9.99% stake in the startup backed by China’s Ant Financial. Press Release Distribution Service

Air France-KLM proposes buying 49% of Malaysia Airlines, JAL seeks smaller stake: sources

Proposals to invest in ailing Malaysia Airlines include one from Air France-KLM which wants as much as 49% while Japan Airlines is looking at a 25% stake, people with knowledge of the matter said. Press Release Distribution Service

Huawei CFO’s lawyer attacks U.S. extradition case in Canadian trial

A lawyer for Huawei Chief Financial Officer Meng Wanzhou argued on Monday that “double criminality” was at the center of a trial to decide whether she can be extradited to the United States, a case that has strained relations between Ottawa and Beijing. Press Release Distribution Service

Boeing seeks to borrow $10 billion or more amid 737 MAX crisis: source

Boeing Co is in talks with banks about borrowing $10 billion or more amid rising costs for the U.S. planemaker after two crashes involving its 737 MAX jetliner, a source told Reuters on Monday. Press Release Distribution Service

Air Niugini delays delivery of four 737 MAX jets until at least 2024

Papua New Guinea carrier Air Niugini has updated its contract with Boeing Co to delay the delivery of its four 737 MAX jets on order until at least 2024, the airline’s chief executive said on Tuesday. Press Release Distribution Service

Windstar Cuts First Steel for Star Pride as $250 Million Star Plus…

Last week at Fincantieri’s shipyard in Palermo, Italy, Windstar Cruises’ Vice President of Expansion Projects, John Gunner, participated in a traditional steel cutting ceremony for a new mid-ship… (PRWeb January 20, 2020) Read the full story at https://www.prweb.com/releases/windstar_cuts_first_steel_for_star_pride_as_250_million_star_plus_initiative_marches_forward/prweb16848610.htm Press Release Distribution Service

Abide Meditation Calls for Racial Reconciliation in Commemoration of…

In honor of Martin Luther King, Jr’s birthday Abide Meditation is calling for a time of prayer of racial reconciliation. Abide is the #1 Christian meditation app. Commemorating the civil rights… (PRWeb January 20, 2020) Read the full story at https://www.prweb.com/releases/abide_meditation_calls_for_racial_reconciliation_in_commemoration_of_martin_luther_king_jr_day/prweb16848091.htm Press Release Distribution Service

RoviSys Ranks Fifth in CFE Media 2020 System Integrator Giants

RoviSys Ranks in top five of CFE Media System Integrator Giants for third consecutive year. (PRWeb January 20, 2020) Read the full story at https://www.prweb.com/releases/rovisys_ranks_fifth_in_cfe_media_2020_system_integrator_giants/prweb16836631.htm Press Release Distribution Service

T2 Tech Group Appoints James Rockenbach as Chief Strategy Officer

Los Angeles-Based IT Consulting Firm Grows Executive Team with Seasoned Industry Leader (PRWeb January 20, 2020) Read the full story at https://www.prweb.com/releases/t2_tech_group_appoints_james_rockenbach_as_chief_strategy_officer/prweb16842488.htm Press Release Distribution Service

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