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Updated: 4 years 21 weeks ago
Test please ignore
Categories: Business News
UPDATE 1-Death toll from Pakistan airliner crash 97, black box found: authorities
The flight data
recorder from the Pakistani airliner that crashed into a
residential neighbourhood of Karachi has been found, an official
said on Saturday, as the death toll rose to 97.
Categories: Business News
Tesla seeks China nod to build Model 3 vehicles with LFP batteries -ministry
Tesla Inc is seeking
Chinese government approval to build model 3 vehicles in the
country equipped with lithium iron phosphate (LFP) batteries, a
document on the website of the Ministry of Industry and
Information Technology showed.
Categories: Business News
Death toll from Pakistan airliner crash 97, 2 survivors: authorities
The death toll from
Friday's passenger aircraft crash in Pakistan's southern city of
Karachi has been confirmed at 97 with two survivors, while no
fatalities were reported from the dense residential
neighbourhood where the aircraft crash-landed, authorities said
on Saturday.
Categories: Business News
China has betrayed Hong Kong so West should stop fooling itself, former HK governor
China has betrayed the people of
Hong Kong so the West should stop kowtowing to Beijing for an
illusory great pot of gold, said Chris Patten, the last governor
of the former British colony.
Categories: Business News
UPDATE 1-Key Mexican state for German automakers hits brakes on restart
The Mexican state of Puebla
said on Friday that conditions "do not exist" yet to re-start
activities in its automotive industry due to the coronavirus
pandemic, putting the brakes on carmakers rebooting their
operations there.
Categories: Business News
Japan's SpaceJet maker closes overseas sites, mulls cuts at home amid coronavirus squeeze
SpaceJet regional aircraft maker,
Mitsubishi Aircraft, said it is closing overseas operations that
employ hundreds of people and may cut staff at home after its
parent company slashed the development budget for Japan's first
commercial aircraft in a century.
Categories: Business News
Mexico's Puebla state says restart of auto industry not yet possible
The government of Mexico's
Puebla state said on Friday that "conditions do not exist" to
re-start activities in the automotive and construction
industries, given the need to mitigate the spread of the
coronavirus.
Categories: Business News
UPDATE 1-Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
The more than a century old car
rental firm Hertz Global Holdings Inc filed for
bankruptcy protection on Friday after its business was decimated
during the coronavirus pandemic and talks with creditors failed
to result in much needed relief.
Categories: Business News
Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
The more than a century old car
rental firm Hertz Global Holdings Inc filed for
bankruptcy protection on Friday after its business all but
vanished during the coronavirus pandemic and talks with
creditors failed to result in needed relief.
Categories: Business News
UPDATE 3-NIH trial: Gilead's drug works best in COVID patients on oxygen
The U.S. National Institutes of Health
(NIH) on Friday said that data from its trial of Gilead Sciences
Inc's remdesivir show that the drug offers the most
benefit for COVID-19 patients who need extra oxygen but do not
require mechanical ventilation.
Categories: Business News
UPDATE 1-U.S. grants tentative OK for 15 air carriers to suspend service to 75 airports
The U.S. Transportation
Department said late on Friday it had granted tentative approval
to 15 airlines to temporarily halt service to 75 U.S. airports
because of the coronavirus pandemic.
Categories: Business News
U.S. grants tentative OK for 15 air carriers to suspend service to 75 airports
The U.S. Transportation
Department said late Friday it had granted tentative approval to
15 airlines to temporarily halt service to 75 U.S. airports
because of the coronavirus pandemic.
Categories: Business News
UPDATE 3-UK plans cut in Huawei's 5G network involvement -newspaper report
Prime Minister Boris Johnson is planning
to reduce Chinese telecoms equipment maker Huawei Technologies
Co Ltd's involvement in Britain's 5G network in the
wake of the coronavirus crisis, the Daily Telegraph newspaper
reported https://bit.ly/2zmI2DE.
Categories: Business News
UPDATE 1-Uber customer claims company won price-fixing suit because arbitrator was scared
An Uber customer on Friday
asked a Manhattan federal judge to overturn an arbitration win
for the company in a price-fixing case, arguing that the
arbitrator only ruled in Uber's favor because he was scared.
Categories: Business News
Exxon Baytown, Texas, refinery workers to vote on contract
Workers at Exxon Mobil Corp’s
Baytown, Texas, refinery are scheduled to vote early
next week on a new three-year contract proposal, according to
the United Steelworkers union (USW).
Categories: Business News
CORRECTED-UPDATE 8-Pakistani airliner carrying 99 plunges into Karachi houses
A Pakistan
International Airlines Airbus jet with 99 people aboard crashed
into a crowded residential district of the city of Karachi on
Friday afternoon after twice trying to land at the airport, a
witness said.
Categories: Business News
Peer-reviewed data shows Gilead's drug effective against COVID-19 -NIH
The National Institutes of Health (NIH)
said on Friday peer-reviewed data published in the New England
Journal of Medicine from a trial testing Gilead Sciences Inc's
remdesivir showed the drug was superior to the standard
of care for COVID-19.
Categories: Business News
Molson Coors suspends quarterly dividend, furloughs employees
Molson Coors Beverage said on
Friday it had suspended quarterly dividends for fiscal 2020 and
furloughed some employees in Europe and North America, as the
Miller Lite beer maker looks to save cash amid the coronavirus
crisis.
Categories: Business News
