Tag: businessNews
Hong Kong spearheads $5 billion Cathay Pacific rescue package
Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways, which like other airlines has been hit by a global travel slump...
As Japan Inc battles coronavirus, cash and bank deposits rise at...
Japan's money stock, or currency in circulation and bank deposits, rose at the fastest annual pace on record in May as companies hoarded cash...
South Korean court denies arrest warrant request for Samsung heir
A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him of accounting...
It's official: U.S. economy entered recession in February
The U.S. economy ended its longest expansion in history in February and entered recession as a result of the coronavirus pandemic, the private economics...
Exclusive: India plans to hike edible oil import taxes to boost...
India is considering raising import taxes on edible oils as the country seeks to become self-reliant by boosting local oilseed production with the help...
Ryanair to fly through 'rubbish' UK quarantine – O'Leary
Ryanair will not cancel British flights despite Monday's start of what the boss of Europe's biggest budget airline called a "rubbish" 14-day quarantine for...
Stumbling angel? Mexico risks losing investment grade credit rating
Mexico is facing its deepest recession in decades and prominent investors believe it could soon follow state oil company Pemex in seeing its credit...
Unions at ArcelorMittal's Ilva plant call strike over job plans
Unions representing workers at the Ilva steel plant in southern Italy called a strike for Tuesday to protest at reported plans by ArcelorMittal for...
Israeli tech firm to sell $32.4 million in medical watches in...
Israel's CardiacSense said on Sunday it signed a $32.4 million deal to sell medical watches in India, bringing its total backlog of orders to...
AstraZeneca approaches Gilead about potential merger – Bloomberg News
AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported on Sunday, citing people familiar with...