May 17, 2020

U.S. Senator Klobuchar blasts Uber, Grubhub deal talks

U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal […]
May 17, 2020

Senator Klobuchar says Uber, Grubhub combination would be anticompetitive

U.S. Senator Amy Klobuchar on Sunday blasted merger talks between ride-hailing firm Uber Technologies Inc and online food delivery company Grubhub Inc , calling any deal […]
May 17, 2020

Emirates Group planning to cut about 30,000 jobs amid virus outbreak: Bloomberg News

Emirates Group plans to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, reducing employees by about 30% from more than 105,000 at the […]
May 17, 2020

Reliance says General Atlantic to invest $870 million in Jio Platforms

Indian conglomerate Reliance Industries said on Sunday U.S. fund General Atlantic will buy 1.34% of its Jio Platforms digital unit for 65.98 billion rupees ($870 million). […]
May 17, 2020

U.S. expected to revise PPP aid program for small businesses: WSJ

The United States is expected to revise its aid program for small businesses to cope with the economic fallout of the coronavirus outbreak, the Wall Street […]
May 17, 2020

Temporary layoff schemes no cure-all in slow COVID recovery

Temporary unemployment schemes operating across Europe could struggle to save the jobs of leisure and travel sector workers facing drawn-out or partial recoveries from the COVID-19 […]
May 17, 2020

A month after negative oil prices, U.S. crude contract expiry looms

A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next watershed moment looms with the expiry […]
May 17, 2020

UK’s Gove says EU trade deal can be done despite talks stalemate

British Cabinet Office minister Michael Gove said on Sunday that there was a post-Brexit trade deal to be done with the European Union providing the bloc […]
May 17, 2020

China says opposed to latest U.S. rules against Huawei

China’s commerce ministry said on Sunday it is firmly opposed to the latest rules by the United States against Huawei and will take all necessary measures […]
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