Alibaba promotes millennials to key e-commerce leadership roles as it repositions to fend off rivals

Alibaba Group Holding is pushing millennials, typically defined as those born in the early 1980s to mid-1990s, to take key roles in the country’s largest online market, as the Hangzhou-based e-commerce giant repositions itself to fend off fierce competition from rivals such as PDD Holdings. The company’s Taobao and Tmall Group has promoted six young … Read more

Electric scooter company Bird Canada says operations not affected by U.S. bankruptcy

Electric scooter rental company Bird says its Canadian operations won’t be affected by the company’s bankruptcy proceedings in the U.S. Canadian COO Alex Petre told CBC News that Bird Canada is not part of the filing and Canada “remains a key priority market for the business.” “As such, I want to underline that there is no impact on … Read more

Outlook good for Canadian oil and gas sector, says industry report, but risks remain

Canada’s upstream oil and gas industry and drilling services sector has a “very favourable” outlook for 2024, according to Enserva’s State of the Industry report released on Thursday. Key highlights of the report show that oil prices are expected to remain strong, demand will be robust, export capacity will increase, and investment and drilling activity are set … Read more

United Airlines CEO on holiday travel: 'Probably the best operational year' we've had in 20 years

CNBC’s Phil LeBeau and United Airlines CEO Scott Kirby join ‘Squawk Box’ to discuss the holiday travel season, the airline’s new early baggage system, new WILMA boarding process, and more. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the … Read more

Southwest Airlines CEO Bob Jordan on 2024 outlook: We're taking a lot of momentum into the new year

CNBC’s Phill LeBeau and Southwest Airlines CEO Bob Jordan join ‘Squawk on the Street’ to discuss the airline’s holiday travel outlook,  state of the airline industry, 2024 demand outlook, and more. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to … Read more

Air Transat avoids strike after reaching tentative deal with flight attendant union

Air Transat and the union representing its flight attendants, a unit of The Canadian Union of Public Employees, have reached a tentative agreement subject to a vote to renew their collective agreement, according to a press release the airline released today.  Details of the agreement will be presented to members and voted on in the coming days, according … Read more

Toymaker Hasbro will cut 900 jobs in addition to earlier layoffs

Hasbro said on Monday it would cut another 900 jobs globally, nearly a year after the toymaker announced it would reduce 15 per cent of its workforce amid weaker sales. Hasbro had said in January it would cut about 1,000 full-time positions. On Monday, the company said it had already cut 800 jobs. Hasbro had employed … Read more

Helium startups on the Prairies hope to keep domestic supplies afloat

To the untrained eye, the collection of pipes and structures rising out of the prairie 200 kilometres east of Calgary looks like any other natural gas processing plant in southern Alberta.  But the Steveville plant isn’t focused on extracting hydrocarbons. Instead, the prize it’s seeking deep underground is helium.  The element is most commonly associated with … Read more

EPF CEO slated to fill Finance Minister II post at Tuesday’s Cabinet reshuffle 

PETALING JAYA: Datuk Seri Amir Hamzah Azizan, the Employees Provident Fund (EPF) chief executive officer, is tipped to be the next Finance Minister II in the expected Cabinet reshuffle on Tuesday (Dec 12). Amir Hamzah, who joined EPF in March 2021, is one of several changes to the reshuffle by Prime Minister Datuk Seri Anwar … Read more