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Walmart expands education program for workers ahead of controversial shareholders meeting

Walmart Inc said on Tuesday it is seeking to attract high school students by offering them a low-cost path to a college degree and will expand an education program it started a year ago - in a new bid to draw workers in a tight labor market.



6 years ago

Polish LOT rules out cancelling Boeing 737 MAX order

LOT Polish Airlines on Tuesday ruled out cancelling an order for grounded Boeing Co 737 MAX jets but urged the U.S. planemaker to take steps to restore their credibility after two accidents.



6 years ago

Australia's Telstra planning to cut 10,000 contractor jobs in two years

Australia's biggest telecommunications provider Telstra Corp Ltd plans to cut a quarter of its contractors in two years, its CEO said on Tuesday, a reduction of 10,000 people on its payroll and adding to thousands of internal jobs slated to go.



6 years ago

Asian shares fall on weak data as focus shifts to rate cuts

Asian shares fell on Tuesday as weak economic indicators and an intensifying Sino-U.S. trade war inflamed concerns about global growth, supporting safe-haven assets such as bonds.



6 years ago

SoftBank Group to book 1.2 trillion yen profit on sale of Alibaba shares

Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd.



6 years ago

Departures at South African state firms could drag out Ramaphosa's reforms

President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than planned after their chief executives quit within a week of each other.



6 years ago

Pernod Ricard confident over Asia growth-slides

Drinks group Pernod Ricard, which is being targeted by activist investor Elliot, on Tuesday struck a confident note over its growth prospects in Asia.



6 years ago

Lufthansa summer bookings looking good: CEO in NZZ

Bookings for the summer months are looking good, the chief executive of Lufthansa told a newspaper, adding that the airline's performance would improve in coming quarters after a weak start to the year.



6 years ago

SoftBank Group to book 1.2 trillion yen profit on Alibaba share sale

Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd.



6 years ago

Shell eyes dividend and spending boost after 2020

Royal Dutch Shell on Tuesday outlined plans to increase spending and dividends after 2020 in a show of confidence by the energy company despite an uncertain outlook for oil and gas prices.



6 years ago

Exclusive: Pile drive - China expected to divert outstanding U.S. soybean cargoes into reserves

China will stockpile up to 7 million tonnes of soybeans bought from the United States during an earlier truce in the trade war between the nations, two traders familiar with the matter said, rather than crush them for immediate sale as a feed ingredient.



6 years ago

Tech problems keep stocks soft; bonds stay strong

Stock markets remained under pressure on Tuesday as worries about a clampdown on the world's internet and social media giants compounded mounting global trade and recession jitters.



6 years ago

China warns its companies on U.S. travel, rebuffs trade criticism

China warned its companies operating in the United States on Tuesday they could face harassment from U.S. law enforcement agencies, as it also rebuffed U.S. criticism of a trade white paper as "singing the same old tune".



6 years ago

Five years after MH17 downing, airline conflict alert system remains patchy

When Pakistan closed its airspace during conflict with India in February, Malaysia Airlines was not one of the carriers left scrambling to re-route flights because it had already done so two weeks earlier, the carrier's chief executive said.



6 years ago

Activist hedge fund CIAM will 'strongly oppose' FCA-Renault deal

Activist hedge fund CIAM has written to the board of French automaker Renault to say it "strongly opposed" a planned $35 billion merger with Fiat Chrysler.



6 years ago