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Regal Owner to Close Theaters, With as Many as 45000 Jobs at Stake: Live Updates The plight of the entertainment industry deepened on Monday as Cineworld, which owns Regal Cinemas in the United States, said it would temporarily close all 663 of its movie theaters in the United States and Britain. The move was expected to affect 45,000 ...
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Special Report: Plastic Pandemic - COVID-19 Trashed the Recycling Dream (Reuters) - The coronavirus pandemic has sparked a rush for plastic. From Wuhan to New York, demand for face shields, gloves, takeaway food containers and bubble wrap for online shopping has surged. Since most of that cannot be recycled, so has the ...
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Turkish inflation flat-lines at just under 12% ISTANBUL (Reuters) - Turkey's consumer price inflation edged slightly down to 11.75% year-on-year in September, data showed on Monday, lower than a poll forecast of 12.13% but well above an official target range around 5%. FILE PHOTO: People shop at ...
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Pandemic pushes start of holiday shopping earlier than ever NEW YORK — Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping ...
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Bristol Myers strikes $13B MyoKardia buyout to gain heart drug MyoKardia plans to file for FDA approval of mavacamten in the first quarter of 2021. (Kritchanut/iStock/Getty Images Plus/Getty Images). Share Facebook Twitter LinkedIn Email Print. Bristol Myers Squibb has struck a deal to acquire MyoKardia for $13.1 billion.
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The right formula for managing a socially responsible company? There is none. Fifty years ago, free-market economist Milton Friedman ushered in the era of "shareholder capitalism" in the United States with an influential essay arguing that the only "social responsibility" of a business is to increase profits for shareholders. Support our ...
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Venmo Launches Credit Card Featuring User QR Codes Venmo, the mobile payment service owned by PayPal, announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by the Visa network, according to a press release emailed to PYMNTS. The Venmo Credit Card ...
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2021 Nissan Rogue - Is Better Enough? The last two years have been particularly challenging for Nissan with declining sales and internal political struggles both within the Japanese automaker's ranks and with its alliance partner Nissan. An aging product lineup certainly has helped matters.
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London refuses to give Indian ride-hailing app Ola a new license London (CNN Business) London transport officials have refused to grant a new license to Ola over safety concerns, saying the Indian ride-hailing app is not "fit and proper to hold one." Transport for London said in a statement on Sunday that unlicensed ...
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Should you pay points to lower your mortgage rate? With mortgage rates near historic lows, more Americans are looking to secure a new home loan. One way to get a more favorable cost is to pay mortgage points to lock down a deal. Continue Reading Below. "Mortgage points are useful tools used to help ...
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How WeChat's design turned it into a global powerhouse—and a Trump target On the day before WeChat was ordered to be banned, my octogenarian parents, who live in China, insisted on having a video chat with their granddaughter and me. They were worried that they would not be able to see us as conveniently after we were forced ...
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Wilks Brothers raise Calfrac offer to up to 25 Canadian cents per share Oct 5 (Reuters) - Billionaire oil investors Wilks Brothers LLC on Monday raised their hostile offer for Canadian oilfield services provider Calfrac Well Services Ltd to between C$0.18 per share and C$0.25 per share. Wilks Brothers had earlier offered a fixed ...
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Angry Birds maker Rovio's CEO leaving by mutual consent HELSINKI (Reuters) - The chief executive of Angry Birds games maker Rovio Entertainment ROVIO.HE said on Monday she would leave the company by mutual consent at the end of the year. FILE PHOTO: Rovio CEO Kati Levoranta and Nasdaq Helsinki ...
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Proofpoint to Report Third Quarter 2020 Financial Results SUNNYVALE, Calif., Oct. 05, 2020 (GLOBE NEWSWIRE) -- Proofpoint, Inc., (NASDAQ: PFPT), a leading cybersecurity and compliance company, today announced it will issue a press release reporting financial results for the third quarter ended September 30, ...
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Indonesia says in early talks with Tesla on potential investment JAKARTA (Reuters) - Indonesia's government is in early discussions with electric vehicles maker Tesla Inc TSLA.O about a potential investment in the Southeast Asia country, a major producer of nickel, an official said. FILE PHOTO: A Tesla SuperCharger ...
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The New Math for Dividend Stocks For the past decade, dividend stocks were a pretty simple play: stable stocks that you hold for building wealth or generating income in retirement. But the math is beginning to change. For one thing, during times of economic downturns, as we're in now, ...
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Tricky pandemic Halloween might be a treat for businesses Halloween is bound to look a lot different this year, with limited group gatherings and social distancing to prevent the spread of COVID-19. Costume parties are out of the question, and some cities have gone as far as making recommendations against ...
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Sensex, Nifty end higher on TCS buyback plans, banking gains BENGALURU (Reuters) - Indian shares ended higher on Monday as Tata Consultancy Services' market capitalisation touched 10 trillion rupees ($136.46 billion) on share buyback plans and banking stocks gained after the government said it would waive ...
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Deloitte says most lost oilfield jobs won't return until late 2021 (Bloomberg) --Almost three-quarters of the pandemic-driven jobs losses in the U.S. petroleum and chemical sectors may not come back before the end of next year, according to Deloitte LLP. The collapse in oil demand and prices spurred the fastest rate of oil- ...
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Why is James Packer fronting an inquiry over Crown's behaviour? A year ago Crown insisted it was sinless over money laundering, association with criminals and arrests in China. So why is the scion of one of Australia's richest families facing a grilling in an inquiry? And what is at stake for Crown's casinos?
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Gasoline prices in Houston keep falling Gasoline prices continued their fall swoon last week and could decline further after oil price took another dive at the end of last week. Prices fell 2 cents a gallon in Houston to an average of $1.78 a gallon, according to the fuel tracking website GasBuddy.
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Scammers using CashApp to steal money from victims, warns BBB HUNTSVILLE, Ala. (WHNT) — In the middle of a pandemic, we've seen more people transition to apps to make payments instead of using conventional cash. Along with the change comes an increase in scams. One of the latest, according to the Better ...
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Deutsche Börse pushes for Dax overhaul after Wirecard debacle The chief executive of Deutsche Börse, Theodor Weimer, wants to enlarge Germany's Dax and only admit profitable companies, part of a far-reaching overhaul of the country's leading stock market index triggered by the Wirecard ...
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AirAsia Ceases Operations in Japan as Covid-19 Wipes Out Travel AirAsia Group Bhd. will cease operations in Japan immediately as it tries to reduce cash burn amid the coronavirus outbreak that's wiped out travel demand globally. AirAsia Japan has stopped operations as of Monday, Southeast Asia's second-biggest ...
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What to watch: Mulberry sales dive, Cineworld stock halves, and Wizz Air traffic slips Here are the top business, market, and economic stories you should be watching today in the UK, Europe, and abroad: Mulberry sales dive. Luxury handbag maker Mulberry (MUL.L) has reported slipping sales, blaming the COVID-19 pandemic for poor ...
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Quick Compare: Tesla Model Y Vs Ford Mustang Mach-E — Post Price Drops One of the most anticipated electric cars of 2020 is the Mustang Mach-E. After a price drop, how does it fare compared to the Tesla Model Y? This is a very basic comparison aimed at buyers new to the electric car market. If you're buying your first EV, Tesla is ...
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Flipkart partners Paytm for festive sale Flipkart will host its annual 'The Big Billion Days' sale from October 16-21, while Myntra will hold its 'Big Fashion Festival' between October 16-22. Share Via Email. Published: 05th October 2020 04:11 PM | Last Updated: 05th October 2020 04:11 PM | A+A A-.
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Dole Joins Upcycled Food Association as 100th Member Dole is the 100th member to join the Upcycled Food Association, which is currently comprised of a variety consumer packaged goods, ingredient suppliers, and service providers. Through our Dole promise, we have made a Zero Waste commitment and to ...
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| Verizon announces early participation results and upsizing of its private debt exchange offers NEW YORK – Verizon Communications Inc. ("Verizon") (NYSE, NASDAQ: VZ) today announced (i) the early participation results, as of 5:00 p.m. (Eastern time) on October 2, 2020 (the "Early Participation Date"), of its two previously announced separate ...
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Pakistan invites bids for record six LNG spot cargoes for December as gas crisis looms ISLAMABAD: Pakistan will ramp up spot buying of liquefied natural gas (LNG) from the international market, seeking up to six cargoes for December, its procurement subsidiary said on its website, as the country prepares for a potentially crippling gas shortage ...
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Steel companies hike prices by ₹2000 per tonne on improving demand outlook In a sign of economic activity gradually picking pace in the unlock phase, steel companies have increased the price of the metal for the fourth month in a row in October on the back of demand revival and firm price trends in the overseas market. Benchmark hot ...
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Chandra Asri, Vopak plan Indonesian infrastructure JV Indonesia's largest petrochemical producer Chandra Asri and Netherlands-based storage and terminal operator Vopak are planning to set up an infrastructure joint venture in Indonesia. The two companies signed a letter of intent on 5 October to set up the ...
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Canada's oil majors feel the pain as energy stocks take a beating (Bloomberg) --Canadian oil and gas stocks never really recovered from the global financial crisis. They had a bounce in 2009 as the economy improved, but a surge in U.S. shale production sparked another crash in 2014. The bullish case for Alberta's ...
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Nu Quantum raises £2.1m seed investment Quantum photonics company Nu Quantum has raised £2.1 million in Seed funding in a round led by Amadeus Capital Partners. Ahren Innovation Capital, IQ Capital, Cambridge Enterprise and Martlet Capital have also followed-on from the company's ...
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New plan to help jobseekers and unemployed launches across Britain The Government is promising to help hundreds of thousands of jobseekers with a new employment programme, targeting those left without work because of the virus crisis. Job Entry Targeted Support (JETS), backed by a £238 million investment, is available ...
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Vocational Rehab Marks Milestones For Persons With Disabilities Vocational Rehabilitation is Celebrating 4 milestones in 2020 – 30 years of the Americans with Disabilities Act (ADA), 75 years of National Disability Employment Awareness Month (NDEAM), 100 years of Vocational Rehabilitation Services (DVRS), and 1 ...
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Next-generation Subaru BRZ teased ahead of 2021 launch The Mk2 Subaru BRZ (and its Toyota GT86 twin) will go on sale next year with a new platform and a rumoured 252bhp turbocharged engine. by: Luke Wilkinson. 5 Oct 2020. 1. Subaru BRZ. Subaru has released the first teaser image for the second-generation ...
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Uber is selling a $500m stake in its logistics business New York investment firm Greenbriar is set to buy a $500m stake in Uber's logistics arm, Uber Freight, which values the goods transporting business at $3.3bn. On Friday (2 October), Uber announced that New York-based investment firm Greenbriar Equity ...
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Vodafone lenders approve merger of Indus Towers with Bharti Infratel NEW DELHI: British telecom major Vodafone Group on Monday said it has received an approval from its lenders, who contributed in funding for Vodafone Idea, to proceed with the merger of Indus Towers with Bharti Infratel. Vodafone Idea holds 11.15 per cent ...
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Save the planet — and make money too Saving the planet from catastrophic climate change is humanity's biggest challenge. It may also represent the most spectacular investment opportunity of our lifetimes. Solving the world's hardest problems can often produce the ...
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Ethiopian Airlines Offers Planes And Pilots To South Africa Ethiopian Airlines CEO Tewolde GebreMariam has made clear his intentions for struggling airline South African Airways. In an interview, he outlined the support Ethiopian is willing to give SAA, which appears to be limited to operational support only. While it's ...
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Costain finance chief departs after hefty losses Costain finance chief Tony Bickerstaff is stepping down after 14 years, just weeks after the group plunged to a £92 million loss. The construction group saw turnover hit by Covid-19, turning last year's profit of more than £8 million into a half-year loss. Costain ...
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27-Year-Old Officially Takes Control Of El Al Eli Rozenberg has officially assumed control of El Al after the Israeli government granted him permission last week. However, the process was not smooth, with many within the airline fighting against the takeover. The sale is now complete, but not without ...
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Bharat Biotech signs pact for adjuvant to boost Covaxin's immune response NEW DELHI : Bharat Biotech International Ltd will use adjuvant Alhydroxiquim-II to boost immune response and provide longer lasting immunity for its novel coronavirus vaccine candidate Covaxin, the company said in statement on Monday. The adjuvant is ...
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Weir Group sheds oil and gas division in $405m Caterpillar deal Weir Group this morning announced that it would sell its oil and gas division to construction firm Caterpillar for $405m (£314m). Shares in the company jumped 15.6 per cent as markets opened as traders cheered the deal. Read more: Mulberry swings to full ...
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Google Pledges $1bn to News Publishers for News Showcase; LUMA Publishes Q3 Market Report In today's ExchangeWire news digest: Google plans to spend $1bn in licensing fees to acquire news content for its Google News Showcase feature; LUMA Partners publishes its Q3 Market Report, noting signs of recovery; and Google delays imposing a 30% ...
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New Mahindra Thar Mileage run in 2020 Mahindra Thar has been one of the most anticipated SUV launches in our country. While people buying Thar rarely worry about the mileage of the SUV, but we decided to answer the age-old question of, "Kitna Deti Hai?" The new Mahindra Thar is a great ...
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Boeing to move 787 production to South Carolina, potentially hurting local economy Local, state and federal leaders have expressed frustration at Boeing's decision last week to shut down it's 787 jetliner production in Everett. Though the company did not immediately say whether jobs would be eliminated in the move, about 1,000 people ...
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Trump trip from hospital to wave at fans endangers others, doctor warns U.S. President Donald Trump briefly left the military hospital where he is being treated for COVID-19 in a motorcade on Sunday to wave to supporters gathered outside, sparking criticism that he was putting others at risk for a political stunt. Trump was captured ...
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