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Business News
UPDATE 1-Shanghai Junshi Biosciences in human tests for coronavirus antibody drug
Shanghai Junshi Biosciences
has started an early-stage study in China to test a
potential antibody treatment against the coronavirus in
uninfected people, official paper Liberation Daily said on its
online channel on Sunday. https://bit.ly/3eZhSWM
Categories: Business News
Fujifilm says COVID-19 drug research may drag on into July
Fujifilm Holdings Corp's
research on Avigan as a potential treatment for COVID-19 may
drag on until July, the company said on Sunday, a further
setback in the Japanese firm's race to find a vaccine.
Categories: Business News
CORRECTED-UPDATE 1-China May exports slip back into contraction, imports worst in 4 years
China's exports contracted in
May as global coronavirus lockdowns continued to devastate
demand, while a sharper-than-expected fall in imports pointed to
mounting pressure on manufacturers as global growth stalls.
Categories: Business News
Shanghai Junshi Biosciences begins human test for experimental coronavirus antibody drug - local paper
Shanghai Junshi Biosciences
has started an early-stage study to test its potential
antibody treatment against coronavirus in healthy people,
official paper Liberation Daily said on its online channel on
Sunday. https://bit.ly/3eZhSWM
Categories: Business News
Exclusive: Malaysia - Even $3 billion not enough to settle 1MDB case with Goldman
Malaysia's new government would not be willing to accept even compensation of $3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a figure that is far higher than the bank offered last year.
Categories: Business News
UPDATE 2-Oil workers, Louisiana residents flee ahead of Storm Cristobal
Tropical Storm Cristobal on
Saturday dumped rain from Louisiana to the Florida peninsula as
it moved through the U.S. Gulf of Mexico, prompting evacuations
of several southeast Louisiana towns and dozens of offshore oil
platforms.
Categories: Business News
HSBC warns it could face reprisals in China if UK bans Huawei equipment: Telegraph
HSBC Holdings Plc Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday.
Categories: Business News
HSBC warns it could face reprisals in China if UK bans Huawei equipment -the Telegraph
HSBC Holdings Plc Chairman Mark
Tucker has warned Britain against a ban on networking equipment
made by Huawei Technologies Co Ltd, claiming the bank could face
reprisals in China, the Telegraph reported on Saturday.
Categories: Business News
Facebook's Zuckerberg promises a review of content policies after backlash
Facebook CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President Donald Trump during recent demonstrations protesting the death of an unarmed black man while in police custody, a partial concession to critics.
Categories: Business News
UPDATE 1-Oil workers, Louisiana island residents flee ahead of Storm Cristobal
Tropical Storm Cristobal moved
through the U.S. Gulf of Mexico on Saturday carrying strong
winds and heavy rains that prompted the evacuation of a coastal
Louisiana community and dozens of offshore oil platforms.
Categories: Business News
'Am I going to get shot?' kids ask, as brands try to explain racism and violence to children
For 8 minutes and 46 seconds - the time it took George Floyd, an unarmed black man, to die at the hands of Minneapolis police - cable TV kids channel Nickelodeon's screen went black on Tuesday to sounds of inhaling and exhaling, as white text flashed "I can't breathe."
Categories: Business News
UPDATE 1-'Am I going to get shot?' kids ask, as brands try to explain racism and violence to children
For 8 minutes and 46 seconds -
the time it took George Floyd, an unarmed black man, to die at
the hands of Minneapolis police - cable TV kids channel
Nickelodeon's screen went black on Tuesday to sounds of inhaling
and exhaling, as white text flashed "I can't breathe."
Categories: Business News
Wall Street Week Ahead: Bond investors look for Fed to justify steepening yield curve
Expectations that the global economy has dodged the worst-case coronavirus pandemic scenarios have led to a dramatic sell-off in U.S. government bonds from their record highs, pushing the yield curve to its steepest level since March.
Categories: Business News
Volkswagen considering more cost cuts to cope with downturn
Volkswagen <VOWG_p.DE > is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday.
Categories: Business News
Oil workers, Louisiana island residents flee ahead of Storm Cristobal
Tropical Storm Cristobal moved
through the U.S. Gulf of Mexico on Saturday carrying strong
winds and heavy rains that prompted the evacuation of a coastal
Louisiana community and dozens of offshore oil platforms.
Categories: Business News
UPDATE 1-Brazil court orders JBS pork plant shut for 14 days amid coronavirus fears
A Brazilian judge has
suspended activities for 14 days at a pork plant owned by
meatpacker JBS SA in the southern Brazilian state of
Rio Grande do Sul, according to a copy of the decision seen on
Friday night.
Categories: Business News
South Africa's MTN faces new allegations in U.S. complaint
* Original complaint: https://afghanistan.terrorismcase.com/wp-content/uploads/2019/12/2019-12-27-001-COMPLAINT.pdf
Categories: Business News
OPEC and allies to agree one-month extension to output cuts
OPEC and its allies led by Russia are "most likely" to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.
Categories: Business News
UPDATE 3-Malaysian prime minister names Petronas finance chief as new CEO
Malaysia's prime minister
on Saturday appointed the finance chief at Petroliam Nasional
Bhd (Petronas) to take over as chief executive at the state
energy company, at a time when lower oil prices and the
coronavirus pandemic have hit the firm's profits.
Categories: Business News
'Am I going to get shot?' kids ask, as brands try to explain racism and violence to children
For 8 minutes and 46 seconds -
the length of time it took George Floyd, an unarmed black man,
to die at the hands of Minneapolis police - cable TV kids
channel Nickelodeon's screen went black on Tuesday to sounds of
inhaling and exhaling, as white text flashed "I can't breathe."
Categories: Business News