California's iPhone maker Apple to shut some US stores again as pandemic cases spike 20-06-2020 Citing a spike in the pandemic cases in the United States, Apple Inc. said in a statement on Friday that the iPhone maker was going to shut down some of its US stores on a temporary basis
Wirecard CEO quits as search for missing $2.1bn hits dead-end in Asia 19-06-2020 Putting Germany's DAX credibility in doubt, bloc's second-largest payment processor Wirecard CEO had resigned on Friday as search for the missing $2.1 billion from its balance sheet had hit a dead-end
Palo Alto’s Tesla to start building a new US manufacturing hub this summer 19-06-2020 Tesla Inc. said in a filing in the Travis County, Texas, that the e-vehicle maker was looking to invest as much as $1 billion to build an assembling plant in Austin
New York’s KKR acquires vacation parks firm Roompot in $1.1 billion buyout deal 19-06-2020 American private equity firm KKR & Co. Inc said in a statement on Thursday that it had purchased the Dutch vacation parks firm Roompot from the French PAI Partners
German payments firm Wirecard clambers to find missing $2.1bn as loan crunch looms 19-06-2020 Auditors for the German payment processing firm Wirecard had rejected to sign off its annual balance sheet over a havoc-scale lag of $2.1 billion
US initial jobless claims linger above 1.5 million for straight 13th weeks 18-06-2020 US Labour Department data released on Thursday had revealed that the pace of decline in US initial jobless claims had halted last week amid worries of a second layoff wave
Californian ride-hailing start-up Lyft promises switch to 100% electric by 2030 17-06-2020 Californian ride-sharing start-up, Lyft Inc. said in a statement on Wednesday that the company was looking to a transformation towards all-electric by 2030
Alphabet Inc.’s Google rolls out new ad features to help small businesses 17-06-2020 The online advertising industry mogul Google LLC. had introduced a new ad feature on Wednesday that would allow the small business owners to promote their services for free in the Google Map until end-September
Apple supplier AMS shares soar after media report it could sell Osram’s auto unit 17-06-2020 The Swiss stock exchange-listed AMS shares surge over 7% on Tuesday's pre-market trading following a late-Monday Bloomberg report that said the sensor maker was looking to sell off Osram's auto unit after takeover
Washington to allow Huawei to work with US companies on 5G & other standards 17-06-2020 The US Commerce Department releases a new rule on Tuesday that would allow Huawei alongside 144 international entities to work alongside US companies on 5G and other technology standards
Californian chipmaker MaxLinear hit by ‘Maze’ ransomware attack 16-06-2020 Californian radio-frequency chipmaker MaxLinear said in a statement on Tuesday that the company had been hit by a "Maze" ransomware attack
Iran prepared to retaliate if US stopped Caracas-bound tankers: Tehran news agency 16-06-2020 Tehran's Noor news agency said in a report that Iran was prepared to target US commercial vessels last month
Pemex plans to dwarf out usage of drilling equipment from service companies 16-06-2020 An internal memo had revealed that the Mexico's state-backed oil tycoon Pemex had been mulling an proposition to drastically cut the numbers of drilling rigs
Canadian intel warned of “shock waves” from arrest of Huawei founder’s daughter 16-06-2020 Canadian intelligence agency had warned of a likely stand-off with Beijing before arresting Huawei CFO Meng on US extradition request
Egypt’s Eva obtains licence to produce & distribute Remdesivir in 127 countries 15-06-2020 Egypt's Eva Pharma said in a statement on Sunday that it had obtained a licence from Gilead to manufacture and distribute the pandemic cure Remdesivir in 127 countries
Washington's report on Child labour in West African cocoa farms faces review 15-06-2020 US Labour Department said later last week that a US report on rising child labour in the Western African nations would face off an independent review
Saudi Aramco buys SABIC shares on market, completes planned acquisition 15-06-2020 On Sunday, Saudi Aramco had completed a planned takeover of the nation's state-backed petrochemical giant SABIK
S. African MultiChoice looks to Netflix and Amazon tie-up in potential strategy shift 15-06-2020 The S. African broadcasting company, MultiChoice had rubber stamped a deal with Amazon and Netflix in a bid to add their streaming services on to its satellite television network
Yandex mulls buying back Uber’s stake in Yandex.Taxi instead of its IPO 15-06-2020 The Russian Internet Giant Yandex has been considering a purchase of all of Uber stakes held in Yandex.Taxi joint venture, a Bloomberg report revealed later this week
South African data-only mobile operator Rain plans 5G expansion 14-06-2020 Rain, the fifth-largest mobile operator in South Africa, has been mulling an option to accelerate its fifth-generation tower installation process
Global coffee stocks to reach six-year-peak on rising output, disrupted supply chains 14-06-2020 The United States Department of Agriculture said in a statement that it was expecting the global coffee stocks to hit a six-year-peak on fiscal year 2020-21
French carmaker PSA seeks to move Polish workers to Hordain factory 14-06-2020 The French carmaker PSA said in a statement that the company had decided to transfer 500 Polish workers in to its Hordain factory
Texas investment fund TPG to invest $598mn in Reliance’s digital unit Jio Platform 14-06-2020 India's oil-to-retail conglomerate Reliance Industries said in a statement that a Texas-based private investment fund, TPG, had purchased 0.93 per cent stakes at its digital platform for $598mn
AstraZeneca agrees to supply Europe with 400 million doses of pandemic vaccine 14-06-2020 AstraZeneca said on Saturday that it had signed off a contract with the European Governments to deliver 400 million units of pandemic vaccines
Lawmakers ask San Jose's Zoom to pick a side as it bans accounts linked to HK protest 13-06-2020 Three republican lawmakers had asked the Californian video communication provider, Zoom, to clarify its relationship with the Chinese Government after it had suspended accounts on Beijing's request
Google News 
