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Australia wants to force Facebook and Google to pay media companies for news Hong Kong (CNN Business) Australia is moving to impose sweeping new rules that would require Facebook (FB) and Google (GOOGL) to pay media organizations for the use of their news content. Regulators on Friday released draft legislation that would let ...
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Exclusive: China's central bank urges antitrust probe into Alipay, WeChat Pay - sources SINGAPORE/HONG KONG (Reuters) - China's top antitrust agency is looking at whether to launch a probe into Alipay and WeChat Pay, prompted by the central bank which argues the digital payment giants have used their dominant positions to quash ...
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UPDATE 2-Swiss National Bank swings to profit in second quarter ... * Central bank quarterly profit follows first quarter loss. * Volatile financial markets affect bottom line (Adds analyst comment, background). By John Revill. ZURICH, July 31 (Reuters) - The Swiss National Bank posted a second-quarter profit of 39 billion ...
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Apple just announced a stock split — here's what that means for investors During its third quarter earnings results on Thursday Apple said that the company's Board of Directors approved a four-for-one stock split. Stock splits are cosmetic, meaning they do not change anything about a company's underlying fundamentals. They can ...
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Euro zone inflation unexpectedly ticks up amid record GDP slump BRUSSELS (Reuters) - The euro zone's economy recorded its deepest contraction on record in the second quarter, preliminary estimates showed on Friday, while the bloc's inflation unexpectedly ticked up in July. FILE PHOTO: A businessman walks on the ...
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UPDATE 1-ProSieben has financial strength to cope with corona - CEO ... * Broadcaster slides to Q2 net loss. * Profit squeeze pushes up leverage ratio to 3.6 times. * Company can handle 2021 bond redemption - CEO. * First signs of ad recovery in July, improvement in August (Writes through with CEO comment, leverage, ...
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Nokia shares jump after cull of low-margin business sees earnings beat HELSINKI/STOCKHOLM (Reuters) - Finnish telecom network equipment maker Nokia reported an unexpected rise in second-quarter underlying profit on Friday as it took on less low-margin business particularly in China, sending its shares up 13% in early ...
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How tax-free weekend for back-to-school supplies will look different in a pandemic The coronavirus can mess with how children will learn at the start of the 2020-21 school year. Miami-Dade, Broward and Florida Keys public schools are all starting online-only, for instance. Read Next. education · Broward County Schools planning to start ...
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Broadband helping the world 'transition' amid COVID-19, Comcast executive says For the second quarter in a row, Philadelphia-based Comcast Corp. broke long-held quarterly records for new high-speed internet customers. In the second quarter of COVID-19-dominated 2020, Comcast gained 323,000 high-speed internet customers — the ...
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Apple announces fiscal Q3 2020 earnings: revenue of $59.7 billion, more Apple earnings day is upon us, and with it, we learn how the company performed during the third fiscal quarter of 2020, despite the ongoing COVID-19 pandemic. Of note, Apple did not provide any official guidance for Q3 2020 due to the economic uncertainty ...
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Abramovich sells 40% in Highland Gold to Russian businessman MOSCOW (Reuters) - Russian businessman Roman Abramovich and his partners are selling a 40.06% stake in Russian mid-sized gold producer Highland Gold (HGM.L) to a Russian businessman, who will make a cash offer to remaining shareholders, they ...
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UPDATE 1-France's Vinci warns on earnings, drops interim dividend (Adds details, CEO quotes from statement). By Dominique Vidalon. PARIS, July 31 (Reuters) - France's Vinci on Friday warned its 2020 earnings would fall significantly after lockdowns meant a sharp drop in its airport and motorway concessions business in ...
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Mortgage Interest Rates Decrease Yet Again, Nearly Reaching Lowest Rate On Record Two weeks ago mortgage interest rates slipped below 3% for the first time on record and after briefly inching their way back across that threshold last week interest rates have returned to just under 3% once again. According to data released from Freddie Mac, ...
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United to Drop Contract With ExpressJet, Dealing Potentially Fatal Blow CHICAGO — United Airlines said on Thursday it has decided to drop its contract with ExpressJet, and consolidate all of its outsourced flying on 50-seat planes with regional rival CommutAir. The decision could be a fatal blow to ExpressJet, which will begin to ...
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New jobless claims in Michigan fall but continuing unemployment claims remain stubbornly high Another 21,949 laid-off Michigan workers filed new claims for unemployment assistance for the week ending July 25, according to numbers released Thursday by the U.S. Labor Department. Nationally, another 1.4 million workers filed new jobless claims as ...
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French power group Engie to review assets as first-half profits drop PARIS, July 31 (Reuters) - French utility and power company Engie announced on Friday a new review of its assets as it reported a drop in first-half sales and profits. Engie's current operating income in the first half of 2020 dropped by 30.8% from last year to ...
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PNB to infuse Rs 600 crore in PNB Housing Finance MUMBAI: Punjab National Bank (PNB) will invest Rs 600 crore in PNB Housing Finance through preferential issue or rights issue among other options. In a regulatory filing on Friday, the bank said that it will infuse the amount as and when its associate, PNB ...
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Point-of-Sale (POS): A US News Guide There was a time where a single cash register would have been considered the height of point-of-sale (POS) technology. Now, a basic register is considered the bare minimum, and POS systems have become an integral part of operating a retail or restaurant ...
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Pfizer, BioNTech to Make 120 Million Vaccine Doses for Japan Pfizer Inc. and BioNTech SE agreed to provide Japan with 120 million doses of the Covid-19 vaccine they're developing, accelerating countries' push to lock up supplies of potential protection against the pandemic. The U.S. pharma giant and the German ...
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FDA Approves Atezolizumab Plus Cobimetinib and Vemurafenib for Advanced Melanoma The FDA approved atezolizumab plus cobimetinib and vemurafenib for the treatment of patients with BRAF V600 mutation-positive advanced melanoma. The FDA has approved atezolizumab (Tecentriq) plus cobimetinib (Cotellic) and vemurafenib (Zelboraf) ...
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United Airlines Director Sells $5.25 Million in Holdings as Travel Plummets A director of United Airlines Holdings Inc. liquidated all of his directly owned shares in the company as the carrier struggles with a devastating decline in travel because of the Covid-19 pandemic. United is considering furloughs for as many as one-third of its ...
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Airfreight propels 'better than expected' Q2 results for DSV Panalpina DSV Panalpina saw its airfreight revenues rapidly increase during the second quarter of the year as a result of the coronavirus outbreak and the ongoing integration of Panalpina. The forwarder saw airfreight revenues for the second-quarter increase by ...
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TenneT plots €5bn annual investment drive Dutch/German transmission system operator TenneT expects to scale up investment volume to €4bn to €5bn in the next few years. The TSO invested over €1.4bn in the Dutch and German grids in the first half of 2020, a 30% increase on the same period last ...
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Sun Pharma posts ₹1656 crore loss in April-June on arm Taro's legal woes in US NEW DELHI : Sun Pharmaceutical Industries Ltd on Friday posted a consolidated net loss of ₹1,655.6 crore for the April-June quarter, dragged by subsidiary Taro Pharmaceutical Industries Ltd's settlement with the US government in a drug pricing case.
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Johnson & Johnson's Coronavirus Vaccine Candidate Efficacious in Pre-Clinical Studies; Human Testing Has Begun Johnson & Johnson (NYSE:JNJ) has gained some ground in the coronavirus vaccine race. On Thursday, the pharmaceutical and consumer goods company announced that in pre-clinical studies, its Ad26.COV2-S vaccine candidate had demonstrated ...
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LSE considers selling Italian assets to secure Refinitiv deal The London Stock Exchange Group has begun exploratory discussions to sell some or all of its Italian assets to secure its $27bn purchase of data and trading group Refinitiv. The group on Friday said it was considering selling its Italian ...
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Mercedes-Benz reveals prices and specs for updated E-Class Mercedes-Benz has announced full details for its new fifth-generation E-Class, with prices starting from £39,130. Available in both saloon and estate guises, the E-Class arrives with a variety of trim levels and engine options. That entry-level price applies to ...
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Nikkei posts worst week in nearly 4 months as Covid-19 resurgence looms Tokyo: Japanese shares closed lower on Friday as the safe-haven yen strengthened on dismal U.S. data, while the resurgence of Covid-19 cases dampened hopes of a swift economic rebound. The Nikkei share average ended 2.82 per cent lower at ...
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PRECIOUS-Gold heads for biggest monthly gain since Jan 2012 on rush to safety ... * Silver on track for biggest monthly increase on record * Dollar set for steepest monthly drop in decade * Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser (Recasts, adds comments, updates prices) By ...
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Walmart Rolls Out 'Ask Sam' App To Help Find Products (CNN) – Walmart rolling out new technology to help employees help shoppers. The retail giant has developed a voice-activated app just for workers called 'Ask Sam.' Staffers can use it to help find products in the store, look up prices and to get real-time ...
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USC to Expand Daily Virus Testing as Outbreak Is Reported on Greek Row Share this article: Facebook · twitter · reddit · pinterest · linkedin · mail. A coronavirus outbreak has been identified along USC's fraternity row, as the university's Student Health announced Thursday it will expand COVID-19 testing as part of its strategy to help ...
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Rupee settles 3 paise higher at 74.81 against US dollar The Indian rupee settled 3 paise higher at 74.81 (provisional) against the American dollar on Friday tracking weakness in the greenback. At the interbank forex market, the rupee opened at 74.74, and witnessed an intra-day high of 74.68 during the session ...
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AAI defers decision to put SpiceJet on cash and carry mode Mumbai: Airports Authority of India (AAI) has "deferred" its decision to put SpiceJet on cash and carry mode till further notice and operations of the carrier continue to be normal as before, an airline spokesperson said on Thursday. On Wednesday, state-owned ...
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KFC-Inspired Vegan Chicken Shop Opens in UK On August 4, new vegan fried chicken shop Really Happy Chicken (RHC) will open in Brighton, England. The shop's menu is heavily inspired by United States-based chain Kentucky Fried Chicken (KFC). RHC will initially serve seitan-based chicken which ...
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Gold Price Today: Domestic Gold Futures Jump Over 1%, Near All-Time High Gold Rate In India: Domestic gold futures held above the Rs 53,500 mark on Friday after climbing to an all-time high of Rs 53,830, tracking gains in global rates of the yellow metal. Multi Commodity Exchange (MCX) gold futures - due for delivery on August 5 ...
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Asian benchmarks tumble, looking to earnings, central banks TOKYO (AP) -- Asian shares tumbled Friday as reports showed layoffs of American workers are persisting at high levels after the U.S. economy contracted at a nearly 33% annual pace in the spring, the worst quarter on record. Earnings reports, a gauge of ...
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S.Korea stocks drop on US data but post biggest monthly gain in 3 months ... * KOSPI posts fourth consecutive monthly gain. * Foreign investors snap five months of selling. * KRW gains against USD on Friday, up 1% in July. * S.Korea benchmark bond yield rises on Friday. * For the midday report, please click. SEOUL, July 31 ...
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