U.S. regulators have selected e-commerce majors Alibaba Group Holding Ltd and JD.com Inc among other U.S.-listed Chinese companies for audit inspection starting next month, people with knowledge of the matter said.
Pilots at Lufthansa's subsidiary Eurowings voted in favour of strike action on Wednesday but first want to continue wage negotiations with their employer, said pilots' union VC.
Bed Bath & Beyond Inc said on Wednesday it has secured more than $500 million in new financing as the cash-strapped home goods retailer battles a slump in demand and profit.
U.S. stock index futures edged higher on Wednesday as technology and growth stocks snapped back, while investors waited for private payrolls data to gauge how fast the Federal Reserve will raise interest rates to tame decades-high inflation.
Self-driving delivery truck startup Gatik will deploy its Class 6 box trucks for global shipping and mailing firm Pitney Bowes' ecommerce deliveries in Dallas, Texas, the companies said on Wednesday.
Cuba, mired in an energy crisis that has brought frequent blackouts, is negotiating with a Turkish company to have it double the megawatts it currently produces for the country from shipboard generators just offshore, according to two people with knowledge of the discussions.
Natural gas a few years ago was so unwanted that U.S. shale oil producers sold it at cost just to pump more oil. Today, prices are near 14-year highs, and new export terminals are rising along with production forecasts.
Bed Bath & Beyond Inc said on Wednesday it would close 150 stores and cut about 20% of its corporate and supply chain workforce as the cash-strapped home goods retailer struggles to turn around its business.
The number of people traveling for the U.S. Labor Day holiday weekend is expected to rebound to pre-pandemic levels and possibly set new records in some cases, according to several travel companies.
