MEXICO CITY (Reuters) – Mexican dairy company Grupo Lala will end operations in Costa Rica as it aims to refocus on key markets, the firm said in a statement on Tuesday. The closure effective on December 11 will accrue a $3 million...
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From hate speech to nudity, Facebook’s oversight board picks its first cases
By Elizabeth Culliford (Reuters) – Facebook Inc’s independent Oversight Board announced on Tuesday the first six cases where it could overrule the social media company’s decisions to remove certain pieces of content from...
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EasyJet to cut onboard luggage allowance
LONDON (Reuters) – British airline EasyJet is to reduce its onboard luggage allowance from Feb. 10 next year, a move which will incentivise more people to pay to select their seat or check a bag into the hold. Under the new rules,...
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Factbox: Retail casualties of the coronavirus pandemic
(Reuters) – Retail magnate Philip Green’s Arcadia, which owns Topshop and many other British fashion brands, filed for administration on Monday, the biggest British corporate insolvency so far of the coronavirus pandemic. Here...
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DoorDash aims to double valuation in much-awaited IPO
By Anirban Sen and Noor Zainab Hussain (Reuters) – DoorDash Inc said on Monday it is aiming to raise up to $2.8 billion in an initial public offering (IPO), which could double the value of the U.S. food delivery startup and be one...
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Canary Islands see tourism improving in 2021, but still far below pre-pandemic levels
MADRID (Reuters) – Authorities on Spain’s Canary Islands expect a partial recovery of the archipelago’s tourism industry in 2021 as vaccines and testing allow for travel restrictions to be lifted, but the business will...
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