MADRID (Reuters) – Short-term accommodation in Spain’s 20 biggest cities is rapidly catching up with the number of rooms managed by hotels, a study released on Tuesday found, prompting hoteliers to call for better regulation of their upstart rivals. Spanish travel industry association Exceltur said that about 300,000 homes are offered for short-term rental in […]
Nestle’s Nespresso to sell paper-based compostable coffee pods
Reuters | November 21, 2022
Market Recap Markets traded down slightly on Monday in advance of a holiday-shortened trading week. The Dow and the S&P 500 were waffling between positive and negative territory in the final hour of trading on low volume The Nasdaq was down nearly 1% and the Russell 2000 was down .75%. Crude Oil (WTI) continued falling amid a strengthening dollar, Covid fears in […]
Microsoft’s $69 billion Activision bid faces EU antitrust probe
Reuters | November 9, 2022
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft may have to offer concessions to address EU antitrust concerns about its $69 billion bid for “Call of Duty” maker Activision Blizzard after regulators opened a full-scale investigation on Tuesday and warned about the impact of the deal. The U.S. software company, which announced the deal in January, […]