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GameStop expects first-quarter revenue to drop, shares tumble
(Reuters) -GameStop expects first-quarter net sales to drop from a year ago, as customers transition to buying video games and collectibles online, while the retailer largely relies on brick and morta...
Thomson Reuters May 17, 2024
China's JD.com aims to raise $1.5 billion in convertible bond deal
By Scott Murdoch SYDNEY (Reuters) -Chinese online retailer JD.com is raising $1.5 billion via a convertible bond sale, according to the company's regulatory filings on Tuesday. The five-year put-three...
Thomson Reuters May 21, 2024
US bars imports from footwear, seafood and aluminum firms over Uyghur labor
WASHINGTON (Reuters) - The U.S. has added three more companies to an entity list that bars imports from firms allegedly involved with Uyghur forced labor in China, according to a U.S. government notic...
Thomson Reuters Jun 11, 2024
Shein's pre-IPO charm offensive hits roadblocks in Europe
By Helen Reid and James Davey LONDON (Reuters) - As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from Europe's retail industry and lawmak...
Thomson Reuters Jun 07, 2024
Fast fashion retailer Shein filed for London listing in early June, sources say
By Kane Wu and Julie Zhu HONG KONG (Reuters) - Shein has confidentially filed papers with Britain's markets regulator in early June for a potential London listing, two sources said, as the online fast...
Thomson Reuters Jun 24, 2024
Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal
By Supantha Mukherjee STOCKHOLM (Reuters) - Telefonica Germany will move one million 5G customers to Amazon Web Services (AWS) cloud later this month, company executives told Reuters, in a bold move b...
Thomson Reuters May 08, 2024
GameStop jumps after 'Roaring Kitty' returns following three-year hiatus
(Reuters) - Shares of GameStop jumped 40% in premarket trading on Monday after social media persona "Roaring Kitty," whose online posts had sparked a trading frenzy in the videogame retailer...
Thomson Reuters May 13, 2024
EU in touch with Telegram as it nears criterion for EU tech rules
By Foo Yun Chee BRUSSELS (Reuters) - EU tech regulators are in touch with messaging app Telegram as it nears a key usage criterion that could see it subject to more stringent requirements under a land...
Thomson Reuters May 28, 2024
Australia tells internet firms to say how they will stop children from seeing porn
SYDNEY (Reuters) - Australia is giving the internet industry six months to come up with an enforceable code detailing how it will stop children seeing pornography and other inappropriate material onli...
Thomson Reuters Jul 02, 2024
Exiled Chinese businessman stole millions from followers, US prosecutor says
By Luc Cohen NEW YORK (Reuters) - An exiled Chinese businessman spent hundreds of millions of dollars he raised from online followers for sham investments on luxury goods including a red Lamborghini a...
Thomson Reuters Jul 10, 2024