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Canopy Growth sheds assets in Canada, plans more layoffs

By Ankit Kumar Feb 9 (Reuters) – Canopy Growth Corp said on Thursday it would shed assets in Canada and EVdeN eVe nakLiyAt cut 800 job positions as part of the pot producer’s efforts to reduce costs and turn profitable. Shares of the company, EVdeN EVE NAKliYAT which reported a bigger quarterly loss, plunged 16.6%...

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Italy pushes retail bonds, eyeing inflation and ECB tapering

By Sara Rossi and EVDEn eVE NAKLiyaT Valentina Consiglio ROME, Feb 10 (Reuters) – The Italian Treasury is moving quickly this year to issue retail bonds, hoping to plug a gap soon to be left by the European Central Bank and anticipating strong appetite from savers whose deposits are being eroded by inflation. The economy...

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European companies cut jobs as economy sputters

Jan 31 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts: AIRLINES, AUTOS, TRAVEL * AIR FRANCE: France’s flagship carrier was in talks to shed nearly 300 ground-staff positions through voluntary redundancies, newspaper...

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Airbus and Qatar Airways settle bitter A350 jet row

By Tim Hepher PARIS, Feb 1 (Reuters) – Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The “amicable and mutually agreeable settlement” ends a $2...

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The man who monetized community in the office space with the controversial WeWork has turned the same theory to residential properties with his newest venture Flow

The man who monetized community in the office space with the controversial WeWork has turned the same theory to residential properties with his newest venture Flow.  Adam Neumann, 43, has described how the company will transform how people interact with their homes and give them with a sense of ownership even though they’re renting. To illustrate...

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