June 4, 2020

Exclusive: Amazon in talks to buy $2 billion stake in Indian telco Bharti Airtel – sources

Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel , three people with knowledge of […]
June 4, 2020

Futures slip ahead of jobless data

U.S. stock index futures slipped on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam, with […]
June 4, 2020

Germany finally splurges, but not without fresh criticism

Under pressure from its European peers for years to spend more, Germany has finally served up a bumper stimulus package financed with new debt, but Berlin’s […]
June 4, 2020

HSBC, StanChart criticised for backing Hong Kong security law

Senior British politicians criticised HSBC and Standard Chartered on Thursday after the banks backed China’s national security law for Hong Kong, in conflict with the British […]
June 4, 2020

Tata Steel workers at Dutch plant vote to strike

Employees at Tata Steel’s Dutch plant in IJmuiden on Thursday voted to go on strike over planned job cuts and the plant’s further integration with Tata’s […]
June 4, 2020

Exclusive: GM plans electric van for business users in bid to pre-empt Tesla

General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes […]
June 4, 2020

British Airways boss says burning through cash, urges unions to engage

The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its survival, […]
June 4, 2020

U.S. court blocks sales of Bayer’s weed killer

German agrochemicals group Bayer AG has been blocked from selling its dicamba-based weed killer in the United States after an appeals court rejected a federal regulator’s […]
June 4, 2020

Citi defies coronavirus with Western European corporate lending push

Citigroup is looking to ramp up its commercial banking operations across Europe, Middle East and Africa, plugging gaps left by rivals facing fallout from a coronavirus-induced […]
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