US warns new Chinese counterespionage law puts companies at risk
Business

US warns new Chinese counterespionage law puts companies at risk

WASHINGTON, June 30 (Reuters) – The U.S. on Friday warned about a new Chinese counterespionage law, saying American and other foreign companies in the country could face penalties from Chinese authorities for regular business activities.Chinese lawmakers this year passed a wide-ranging update to Beijing’s anti-espionage legislation that goes into effect on July 1, banning the… […]

Tesla set to report record quarterly vehicle deliveries, fueled by incentives
Business

Tesla set to report record quarterly vehicle deliveries, fueled by incentives

SAN FRANCISCO, June 30 (Reuters) – Tesla (TSLA.O) is set to report record vehicle deliveries, after the top electric vehicle maker increased discounts and other incentives to boost sales in the face of economic uncertainty and rising competition.Tesla is expected as early as this weekend to report global deliveries of 445,000 vehicles in April to… […]

Flights cancelled at Geneva Airport as staff plan to extend strike action
Business

Flights cancelled at Geneva Airport as staff plan to extend strike action

GENEVA, June 30 (Reuters) – Geneva Airport said it had reached a deal with public service staff to end a strike over pay which led to the cancellation of dozens of flights in and out of the Swiss hub on Friday.About a hundred employees protested outside the airport’s departure area against a salary policy approved… […]

Online retailer Overstock rebranding as Bed Bath & Beyond
Business

Online retailer Overstock rebranding as Bed Bath & Beyond

NEW YORK, June 29 (Reuters) – Overstock.com intends to sunset its company name and rebrand as Bed Bath & Beyond after purchasing that company’s intellectual property assets in bankruptcy, Overstock CEO Jonathan Johnson said on Thursday.Overstock, which chose not to bid on any of Bed Bath & Beyond’s retail locations or inventory, will remain an… […]

Indian hospitals set investors’ pulses racing in post-COVID boom
Business

Indian hospitals set investors’ pulses racing in post-COVID boom

Post COVID-19, consumers spend more on health, insuranceNine India healthcare chains in deal talks-sourcesSingle specialty clinics sought after by investorsPUNE, India, June 30 (Reuters) – In Pune city, Indira IVF is teeming with patients ready to spend $1,300 on fertility treatments that few government hospitals offer, reflecting the huge demand for private health care sweeping… […]

Exclusive: Nissan installed camera to monitor No. 2’s home, sources say
Business

Exclusive: Nissan installed camera to monitor No. 2’s home, sources say

June 28 (Reuters) – Nissan (7201.T) installed a camera surveillance system at the home of former executive Ashwani Gupta so the automaker’s internal security team could monitor him, according to the preliminary findings of an investigation into the surveillance, two people with knowledge of the report said.Nissan has been investigating a claim that Chief Executive… […]