Tag: businessNews
Moderna to start final testing stage of coronavirus vaccine in July
Moderna Inc on Thursday confirmed it plans to start a trial of 30,000 volunteers of its much-anticipated coronavirus vaccine in July as the company...
Chinese smartphone brands turn to imports for India market as plants...
China's Xiaomi and Oppo have had to resort to importing some smartphones models into India as their local assembly plants struggle to get back...
Europe's Just Eat Takeaway to buy Grubhub for $7.3 billion
European food-ordering firm Just Eat Takeaway.com NV said on Wednesday it had agreed to buy U.S. peer Grubhub Inc in an all-stock deal that,...
Tesla shares surge past $1,000 as Musk revs up the Semi
Tesla Inc's stock jumped above $1,000 a share on Wednesday after Chief Executive Elon Musk told his staff it was time to bring the...
U.S. crude stockpiles surge to record high on big Saudi imports...
U.S. crude oil stockpiles rose unexpectedly last week to an all-time high as refiners boosted imports, particularly from Saudi Arabia, while exports dropped to...
Exclusive: RWE, Thyssenkrupp plan hydrogen production venture
Germany's RWE plans to produce hydrogen from renewable energy to supply steelmaker Thyssenkrupp, the two companies told Reuters.
Cathay Pacific plans to repay Hong Kong government over 3 to...
Cathay Pacific Airways Ltd said it expects to repay the Hong Kong government for HK$19.5 billion ($2.52 billion) of preference shares over a...
Asian shares slip after mixed Wall Street session
Asian equities slipped on Wednesday after most U.S. stocks pared gains made during their recent rally, although the Nasdaq benchmark reached its second straight...
NYSE holds nearly nine-minute silence in honor of George Floyd
The New York Stock Exchange and other U.S. financial market operators held nearly nine minutes of silence on Tuesday in honor of George Floyd,...
EU weighs single bid for WTO job; trade chief Hogan confirms...
European Trade Commissioner Phil Hogan confirmed on Tuesday that he was considering a bid to become the next director-general of the World Trade Organization,...