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Updated: 4 years 21 weeks ago
UPDATE 1-Civil rights groups urge companies to pause ad spending on Facebook
Several U.S. civil rights groups have
called upon some of the world's largest companies to pause
advertising on Facebook Inc, saying the social network is
not doing enough to stop hate speech on its platform.
Categories: Business News
Zoom to offer end-to-end encryption for all users
Zoom Video Communications Inc is
planning to offer all its free and paying users end-to-end
encryption for video calls, the video conferencing provider said
on Wednesday.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Arun
Koyyur)
Categories: Business News
UPDATE 1-Israel signs agreement with Moderna for potential COVID-19 vaccine
Israel has signed an
agreement with Moderna Inc for the future purchase of
its potential COVID-19 vaccine, Prime Minister Benjamin
Netanyahu said on Wednesday.
Categories: Business News
UPDATE 3-U.S. Justice Department proposes rolling back protections for big tech
The U.S. Justice Department
proposed on Wednesday that Congress take up legislation to curb
protections that big tech platforms like Alphabet's
Google and Facebook have had for decades, a senior
official said, following through on U.S. President Donald
Trump's bid to crack down on tech giants.
Categories: Business News
Dominion seeks more time to complete U.S. Atlantic Coast natgas pipe
Dominion Energy Inc asked U.S.
energy regulators for two more years to complete the
long-delayed $8 billion Atlantic Coast natural gas pipeline from
West Virginia to North Carolina, which the company now expects
to enter service in early 2022.
Categories: Business News
Canada's Telus says no govt curbs on using Huawei 4G gear in capital region
Canadian telecom operator Telus Corp
said on Wednesday that the federal government has not
asked it to remove Huawei equipment from 4G network in the
capital region, in response to a report https://tgam.ca/2YY5Fvd
by the Globe and Mail.
Categories: Business News
UPDATE 1-Panama extends suspension of international flights due to coronavirus
Panama's civil aviation
authority said it will extend a suspension of international
flights by a month due to the coronavirus crisis, according to a
statement on Wednesday.
Categories: Business News
GLOBAL MARKETS-Stocks seesaw as rising coronavirus cases offset recovery hopes
Equity markets around the
world seesawed on Wednesday as the prior day's rally on economic
and vaccine hopes faded, while fresh coronavirus outbreaks and
rising geopolitical tensions in Asia boosted demand for the
dollar and safe-haven debt.
Categories: Business News
U.S. SEC has problems with car rental firm Hertz selling new shares - CNBC
U.S. Securities and Exchange Commission
(SEC) has told bankrupt Hertz Global Holdings Inc it has
issues with the car rental firm's plan to sell new shares, the
agency Chairman Jay Clayton told CNBC television on Wednesday.
Categories: Business News
UPDATE 2-United Airlines sweetens exit deal for flight attendants, others
United Airlines
sweetened on Tuesday a voluntary exit package for frontline
employees like flight attendants and gate agents, saying it
needed "a lot more people to sign up" to avoid involuntary
layoffs in October, according to a staff email seen by Reuters.
Categories: Business News
REFILE-UPDATE 1-Canada's Iamgold suspends operations in Suriname amid COVID-19 cases
Canadian gold miner Iamgold on
Tuesday halted operations at its Rosebel gold mine in Suriname
as a workers union issued a stop work order after seven
employees tested positive for the novel coronavirus.
Categories: Business News
Oppo cancels live online phone launch in India amid calls to boycott Chinese goods
China's Oppo cancelled the
live online launch of its flagship smartphone in India on
Wednesday after a border clash between the two countries that
has renewed calls from local Indian trader groups to shun
Chinese products.
Categories: Business News
Brazil's Cargill worries about Brazil govt 'insulting' top trade partner China
Paulo Sousa, president of
U.S. grain merchant Cargill in Brazil, said on
Wednesday that insults coming from Brazilian officials against
the country's main trade partner, China, are detrimental to the
country's business interests.
Categories: Business News
UPDATE 1-U.S. Justice Department to propose rolling back protections for big tech
The U.S. Justice Department
will propose legislation as soon as Wednesday to try to remove
protections that big tech platforms like Alphabet's
Google and Facebook have had for decades, a department
official said on Wednesday, speaking on condition of anonymity.
Categories: Business News
UPDATE 1-FAA 'stonewalling' Boeing 737 MAX probe after fatal crashes -senator
The U.S. Federal Aviation Administration
has been "stonewalling" senators conducting an investigation
into the design and development of Boeing Co's 737 MAX in
the wake of deadly crashes, a top Republican senator told a
hearing on Wednesday.
Categories: Business News
UPDATE 2-Citing 'racial stereotype,' PepsiCo to drop Aunt Jemima name; Uncle Ben's under review
PepsiCo Inc will change the name
and brand image of its Aunt Jemima pancake mix and syrup, it
said on Wednesday, dropping a mascot that has been criticized
for a racist history.
Categories: Business News
Iamgold forced to suspend operations at Suriname after COVID-19 cases
Canadian gold miner Iamgold on
Tuesday halted operations at its Rosebel gold mine in Suriname
as a workers union issued a stop work order after seven
employees tested positive for the novel coronavirus.
Categories: Business News
REFILE-UPDATE 3-Iberdrola trumps Ayala with offer for Australian renewable energy firm
Spain's Iberdrola
has made an agreed A$828 million ($569 million) bid for
Australian wind and solar firm Infigen Energy, topping
an offer from Philippine conglomerate Ayala Corp.
Categories: Business News