Month: November 2021

Adidas trims 2021 forecast on sourcing disruptions

November 11, 2021November 14, 2021 Industrytech
Adidas trims 2021 forecast on sourcing disruptions

November 11, 2021: -German sportswear company Adidas pared full-year sales and profit forecasts on …

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Apple cannot delay the App Store payment changes

November 11, 2021November 14, 2021 Industrytech
Apple cannot delay the App Store payment changes

November 11, 2021: -Apple will be forced to allow app developers to link to alternative payment websites, which …

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Sydney Airport signs a $17.5 billion buyout deal

November 9, 2021November 14, 2021 Industrytech
Sydney Airport signs a $17.5 billion buyout deal

November 9, 2021: -On Monday, Sydney Airport Holdings said it has agreed to accept a A$23.6 billion takeover …

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Marvel’s ‘Eternals’ tallies a $71 million opening at the domestic box office

November 9, 2021November 14, 2021 Industrytech
Marvels Eternals tallies a $71 million opening at the domestic box office

November 9, 2021: -“Eternals” may be the lowest-rated film in the Marvel Cinematic Universe, but that did …

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Blizzard-hit SoftBank launches buyback after a $10 billion Vision Fund loss

November 9, 2021November 14, 2021 Industrytech
Blizzard-hit SoftBank launches buyback after a $10 billion Vision Fund loss

November 9, 2021: -On Monday, SoftBank Group Corp slumped to a quarterly loss, as its Vision Fund unit took …

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Founder of TikTok owner ByteDance went down as chairman

November 4, 2021November 14, 2021 Industrytech
Founder of TikTok owner ByteDance went down as chairman

November 4, 2021: -ByteDance founder Zhang Yiming has stepped down as chairman as the company is continuing …

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Private payrolls up 571,000 in October on increase in hospitality hires

November 3, 2021November 14, 2021 Industrytech
Private payrolls up 571,000 in October on increase in hospitality hires

November 4, 2021: -Private job creation popped higher in October thanks to a burst in hiring in the hospitality …

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BMW’s fully electric car sales are on track to double this year

November 3, 2021November 14, 2021 Industrytech
BMW's fully electric car sales are on track to double this year

November 4, 2021: -The BMW Group’s sales of electric vehicles grew by 121.4% in the first nine months …

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Ryanair posts the first quarterly profit since late 2019

November 2, 2021November 14, 2021 Industrytech
Ryanair posts the first quarterly profit since late 2019

November 2, 2021: -Ryanair reported its quarterly profit since before the onset of COVID-19 but said it expected …

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Shanghai Disneyland suspends entry on Halloween

November 2, 2021November 14, 2021 Industrytech
Shanghai Disneyland suspends entry on Halloween

November 2, 2021: -On Sunday, Shanghai Disney Resort suspended entry and asked visitors to get coronavirus tests hours …

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