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Updated: 4 years 21 weeks ago
Zoom suspends U.S.-based activists' account after Tiananmen event
Zoom Video Communications
temporarily shut the account belonging to a group of
U.S.-based Chinese activists after they held an event to
commemorate the 31st anniversary of China's Tiananmen Square
crackdown, the activists said on Thursday.
Categories: Business News
Morning News Call - India, June 11
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FACTORS TO WATCH
11:00 am: Prime Minister Narendra Modi at Indian Chamber of Commerce’s
annual plenary session in New Delhi.
4:00 pm: Health ministry likely to brief on COVID-19 situation in
Categories: Business News
UPDATE 1-JD.com raises $3.87 bln in Hong Kong secondary listing -sources
Chinese e-commerce retailer
JD.com has priced its shares at HK$226 ($29.16) each
and raised about $3.87 billion in its Hong Kong secondary
listing, according to two people with direct knowledge of the
matter.
Categories: Business News
UPDATE 6-Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion
European
food-ordering firm Just Eat Takeaway.com NV said on
Wednesday it had agreed to buy U.S. peer Grubhub Inc in
an all-stock deal that, if completed, would create the world's
largest food delivery company outside China.
Categories: Business News
GLOBAL MARKETS-Asia stock rush pauses, bonds rally on sober Fed
Asian shares eased on Thursday
while bonds rallied after a downbeat economic outlook from the
U.S. Federal Reserve stoked speculation it would have to add to
already historic levels of stimulus to safeguard recovery.
Categories: Business News
Goldman Sachs employees to start returning to U.S. offices from June 22
Goldman Sachs Group Inc said on
Wednesday it plans to start the return of an initial group of
its employees to its offices in New York, Jersey City, Dallas
and Salt Lake City from June 22.
Categories: Business News
UPDATE 1-Brazil prosecutors expand probe into Vale's efforts to shield workers from COVID-19
The office that enforces
labor laws in Brazil's Para state has stepped up an
investigation into potential shortcomings in mining giant Vale's
efforts to protect workers from the coronavirus,
authorities said on Wednesday.
Categories: Business News
PRESS DIGEST-British Business - June 11
The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Categories: Business News
PRESS DIGEST-Financial Times - June 11
The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Categories: Business News
UPDATE 3-Amazon pauses police use of its facial recognition tech for a year
Amazon.com Inc on Wednesday
said it was implementing a one-year moratorium on police use of
its facial recognition software, halting a business it long
defended as many protested law enforcement brutality against
people of color.
Categories: Business News
UPDATE 2-Boeing aims for key 737 MAX certification flight in late June - sources
Boeing Co is
aiming to conduct a key certification test flight on its
grounded 737 MAX jet in late June, two people briefed on the
matter said on Wednesday.
Categories: Business News
UPDATE 3-U.S. lawmakers propose $22.8 bln in aid to semiconductor industry
A bipartisan group of U.S. lawmakers on
Wednesday introduced a bill to provide more than $22.8 billion
in aid for semiconductor manufacturers, aiming to spur the
construction of chip factories in America amid a strategic
technology rivalry with China.
Categories: Business News
Colorado group drops plans for anti-fracking ballot measure
A Colorado environmental group
dropped plans to place an anti-fracking measure on the state's
November ballot citing the COVID-19 pandemic, the second state
initiative to be put off this year over virus worries.
Categories: Business News
GLOBAL MARKETS-Asia stocks set to fall on Fed's dour outlook
Asian stocks were set to fall
on Thursday after gloomy economic projections from the U.S.
Federal Reserve sent the greenback and most Wall Street shares
lower.
Categories: Business News
U.S. FDA Commissioner says agency seeks fast review of COVID-19 products
The U.S. Food and Drug Administration is
seeking to review treatments and tests for COVID-19 "as fast as
we can" for emergency clearance, with the priority on those
using high-level science, the agency’s commissioner said on
Wednesday.
Categories: Business News
Australia's JB Hi-Fi issues new, higher forecast as domestic sales surge
Australia's JB Hi-Fi Ltd issued
fresh annual financial forecast that was higher than its
previously withdrawn guidance, as the electronics retailer saw a
jump in sales at its domestic stores through the coronavirus
pandemic.
Categories: Business News
News Corp to cut jobs in UK newspaper, radio business - memo
Rupert Murdoch's News Corp will
need to cut jobs in its British newspaper and radio operations
as part of a business review aimed at reducing costs, News UK
Chief Executive Rebekah Brooks said in a letter to staff on
Wednesday.
Categories: Business News
Disney eyes July reopen for California theme parks
Walt Disney Co plans to reopen
the Disneyland Park and Disney California Adventure park on July
17, pending approval from state and local authorities.
Categories: Business News
UPDATE 5-Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion
European
food-ordering firm Just Eat Takeaway.com NV said on
Wednesday it had agreed to buy U.S. peer Grubhub Inc in
an all-stock deal that, if completed, would create the world's
largest food delivery company outside China.
Categories: Business News
White House works to move stalled airline contact tracing plan -sources
The White House wants a plan
in place by Sept. 1 for airlines to collect contact tracing
information from U.S.-bound international passengers, but will
not immediately implement a Centers for Disease Control and
Prevention (CDC) proposal, three people briefed on the matter
said on Wednesday.
Categories: Business News