Month: October 2022

Reuters exclusively reports Twitter struggles to keep its most active users engaged ahead of Musk deal

Reuters exclusively reported the deterioration of Twitter’s service, days ahead of Elon Musk’s $44 billion deal to buy the social media platform. Based on internal documents, reviewed by Reuters, the report examined how Twitter has struggled to keep its most active users — and biggest driver of revenue —engaged. These users, who account for the vast majority of […]
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Reuters exclusively reveals SAP delays Russia exit as deal talks fail, workers at risk

Reuters exclusively reported German software group SAP will delay its exit from Russia months after it declared the company would do so. The Reuters report examined the intricacies global companies like SAP faced trying to extricate from the controversial market. These problems include grappling with existing contractual obligations and facing pressure from the government over […]
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Will they or won’t they? Japan uses guessing game to shore up yen

Reuters took readers on a deep dive into how Japanese authorities are relying heavily on psychological tactics to fight yen bears, which means keeping markets guessing about their foreign exchange intervention rather than overt attempts to arrest the currency’s decline to multi-decade lows. The post Will they or won’t they? Japan uses guessing game to […]
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Reuters reveals scrambles for EV reboot with eye on Tesla

Reuters was first to report Toyota is considering a reboot of its electric-car strategy to better compete in a booming market, and has halted some work on existing electric vehicle (EV) projects. The proposals under review, if adopted, would amount to a dramatic shift for Toyota and rewrite the $38-billion EV rollout plan the Japanese […]
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Reuters reveals Korean auto giant Hyundai investigating child labor in its U.S. supply chain

Reuters exclusively revealed that Hyundai Motor Co, Korea’s top automaker, is investigating child labor violations in its U.S. supply chain and plans to sever ties with Hyundai suppliers in Alabama found to have relied on underage workers. A Reuters investigative report in July documented children, including a 12-year-old, working at a Hyundai-controlled metal stamping plant […]
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