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Updated: 4 years 22 weeks ago
UPDATE 1-China is using Huawei to drive a wedge in the UK-US special relationship - senator
China is using telecoms giant
Huawei to try to drive a wedge between Britain and the
United States, Republican senator Tom Cotton told British
lawmakers on Tuesday.
Categories: Business News
MEDIA-Tencent invests $260 mln in Czech game studio Bohemia Interactive- The Information
Categories: Business News
Too early to exclude travellers from UK coronavirus quarantine -testing coordinator
It is too early to be able to
exclude some international travellers from quarantine measures
due to be introduced next week to prevent a resurgence of the
coronavirus, Britain's COVID-19 testing coordinator said on
Tuesday.
Categories: Business News
California attorney general submits regulations for approval under privacy law
California's attorney general
on Tuesday submitted proposed regulations for approval under the
state's new digital privacy law, which gives Americans the right
to request that their data be deleted from e-commerce websites
and social media.
Categories: Business News
U.S. auto sales in May encourage Detroit plan to rebuild inventories
Several automakers on Tuesday
reported stronger-than-expected May sales in the United States,
and the Detroit automakers said they will work through their
annual summer shutdowns to rebuild inventories as demand
recovers from coronavirus shutdowns.
Categories: Business News
Rental fleet collapse drags down U.S. vehicle sales
The collapse in demand for new vehicles
from U.S. rental car fleets hit automakers hard in May, even as
consumer sales were stronger than expected as coronavirus
stay-at-home orders began to ease.
Categories: Business News
China is using Huawei to drive a wedge in the UK-US special relationship - senator
China is using telecoms giant
Huawei to try to drive a wedge between Britain and the
United States, Republican senator Tom Cotton told British
lawmakers on Tuesday.
Categories: Business News
GLOBAL MARKETS-Equities cruise to three-month highs, dollar under protest pressure
World stock markets hit their
highest levels since March and oil prices jumped on Tuesday as
signs of a global economic recovery from the coronavirus
pandemic offset concerns over the worst civil unrest in the
United States in decades.
Categories: Business News
U.S. sanctions four shipping firms for transporting Venezuelan oil
The U.S. Treasury Department on Tuesday
said it had sanctioned four shipping firms for transporting
Venezuelan oil, the latest escalation in Washington's effort to
oust socialist President Nicolas Maduro by cutting off the OPEC
nation's crude exports.
Categories: Business News
H&M closes U.S. stores amid protests, says it stands behind black community
H&M, the world's
second-biggest fashion retailer, said on Tuesday it had
temporarily closed 95 of its stores in the United States because
of the violent protests following the death of George Floyd in
police custody.
Categories: Business News
UPDATE 1-Emirates to decide on fleet size in the next few months
Emirates will decide over the next
few months on the size of its future fleet, the Dubai-based
airline's president said on Tuesday.
Categories: Business News
GM, Ford join U.S. companies condemning George Floyd death, racism
General Motors Co and Ford Motor
Co condemned racial inequality in the United States
following the death of George Floyd, an unarmed black man, at
the hands of police in Minneapolis last week.
Categories: Business News
EMERGING MARKETS-Mexico's peso surges 2%, Argentina extends debt deadline
Latin American currencies rallied on
Tuesday with Mexico's peso hitting 11-week highs as hopes of
recovery from a likely deep recession buoyed sentiment.
Regional stocks surged, tracking a higher open on Wall
Street. Brazil's Bovespa index scaled 12-week highs,
while Mex
Categories: Business News
Emirates to decide on fleet size in the next few months
Emirates will make a decision on
the size of its future fleet in the next few months once there
is greater clarity on whether demand for travel will start to
rebound next year, the airline's president said on Tuesday.
Categories: Business News
UPDATE 2-Indian carmakers offer teaser loans as RBI softens stance, sources say
Maruti Suzuki, Hyundai
and Mercedes Benz are offering Indian car buyers "teaser loans",
a move that sources said followed a softening of the central
bank's stance due to a coronavirus-induced economic slump.
Categories: Business News