SAO PAULO (Reuters) – Claudia Maria de Oliveira is leery of online shopping. But while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza SA. Frederico Trajano, Chief Executive Officer of retail Magazine Luiza S.A., poses for Reuters in Sao Paulo, […]
SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: FT
(Reuters) – Japan’s SoftBank Group (9984.T) plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc [UBER.UL], Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Times reported on Wednesday.
SAN FRANCISCO (Reuters) – Alphabet Inc’s (GOOGL.O) Google unveiled on Wednesday its first Gmail redesign since 2013, capping what the company says was an expensive overhaul two years in the making to adopt security and offline functionality and better resemble Microsoft Outlook.
How can businesses tackle sexual harassment?
Charlotte reads from a list of #MeToo moments – the times in her career where she has experienced some kind of unwanted sexual attention. As a solicitor working in property, this text message from one of her clients is just the tip of the jaw-dropping iceberg.
“The worst one was by a married senior colleague. We had been at an event with lots of alcohol and he was brushing my hair with his wedding ring hand and saying I was very pretty.
“He’s a very senior, well-respected person and known to be a family man. So it was very difficult for me to feel that I could report him because he had a real stature in the firm.”
Cases such as Charlotte’s (she asked us not to use her surname) dog every industry.
Whitbread to spin off Costa chain as a separate firm
Whitbread is to split off Costa, the UK’s biggest coffee chain, as a separate firm, after activist pressure. The demerger will be “pursued as fast as practical and appropriate” to optimise value for shareholders.
“We will ensure prior to separation each business is sufficiently developed and well-positioned,” said Whitbread chairman Adam Crozier.
The activist investors, Elliott Advisors and Sachem Head, together control about 10% of shares. The spun-off firm will be listed as a separate business.