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Updated: 4 years 22 weeks ago
Irish regulator reaches preliminary decision in Twitter privacy probe
Twitter may be the first
big technology firm to face a fine by the EU's lead regulator
under the region's tougher data protection rules after it
submitted a preliminary decision in a probe into the social
media firm to other member states.
Categories: Business News
GLOBAL MARKETS-Hong Kong tensions unnerve world stock markets, oil tumbles
Oil prices tumbled and
global equity markets wavered on Friday as China's move to
impose a new security law on Hong Kong further strained
U.S.-Sino relations and clouded economic recovery prospects.
Categories: Business News
UPDATE 1-Brazil's Lojas Renner sees margin under pressure in Q2 amid slow store reopening
Brazilian fashion retailer
Lojas Renner SA still sees margins under pressure in
the second quarter even though sales have been improving since
early April as the company slowly reopens its brick-and-mortar
stores, executives said on Friday.
Categories: Business News
UPDATE 1-Organizers cancel 2020 New York auto show
Organizers said Friday they were
canceling the 2020 New York auto show that had previously been
pushed back until August, citing the ongoing coronavirus
pandemic and the venue's use as a field hospital.
Categories: Business News
'Avatar' movie sequel to resume production in New Zealand
A sequel to James Cameron's
sci-fi movie blockbuster "Avatar" will go back into production
next week for the first time since it was shuttered by worldwide
efforts to contain the coronavirus, producer Jon Landau said on
Friday.
Categories: Business News
U.S. charges Hollywood film distributor with defrauding BlackRock fund
U.S. prosecutors on Friday
charged the founder and former owner of a Hollywood movie
production and distribution company with defrauding a BlackRock
Inc investment fund out of about$14 million to pay for
luxuries including a Beverly Hills mansion.
Categories: Business News
Automaker trade opposes effort to freeze U.S. fuel efficiency standards
A group representing many
major automakers on Friday said it was intervening in a lawsuit
that says the Trump administration did not go far enough in
weakening -- but not freezing -- Obama administration standards
to revise fuel economy standards.
Categories: Business News
Brazil's Lojas Renner sees margin under pressure in Q2 amid slow store reopening
Brazilian fashion retailer
Lojas Renner SA still sees margins under pressure in
the second quarter even though sales have been improving since
early April as the company slowly reopens its brick-and-mortar
stores, executives said on Friday.
Categories: Business News
Organizers cancel 2020 New York auto show
Organizers said Friday they were
cancelling the 2020 New York auto show that had previously been
pushed back until August, citing the ongoing coronavirus
pandemic and the venue's use as a field hospital.
Categories: Business News
UPDATE 4-UK to introduce quarantine for international arrivals from June 8
Categories: Business News
UPDATE 6-China's planned security agencies for Hong Kong a 'death knell' for autonomy -Pompeo
Categories: Business News
MEDIA-Southwest Airlines signals jobs risk with plan for 30% cut in flying - Bloomberg News
Categories: Business News
UPDATE 3-French court orders insurer AXA to pay restaurant's COVID-19 losses
A Paris court ruled that insurer
AXA must pay a restaurant owner two months' worth of
coronavirus-related revenue losses, the restaurateur's lawyer
said on Friday, potentially opening the door to a wave of
similar litigation.
Categories: Business News
Air bridges not for now but should not rule out in future -UK interior minister
Britain should not rule out the
idea of so-called air bridges with countries who have low
infection rates of COVID-19 in the future, interior minister
Priti Patel said on Friday.
Categories: Business News
UPDATE 2-U.S. senators urge Delta, JetBlue to restore employee hours
A group of U.S. senators is urging Delta
Air Lines Inc and JetBlue Airways Corp to
immediately reverse their decisions to reduce employees' hours,
calling them contrary to the requirements of taxpayer-funded
payroll assistance.
Categories: Business News
UPDATE 2-European stocks flat as U.S.-China woes weigh, but post weekly gain
Categories: Business News
UPDATE 2-French court orders insurer AXA to pay restaurant's COVID-19 losses
A Paris commercial court ruled
that insurer AXA must pay a restaurant owner two months' worth
of coronavirus-related revenue losses, the restaurateur's lawyer
said on Friday, possibly opening the door to a wave of similar
litigation.
Categories: Business News
UPDATE 1-Evofem non-hormonal birth control gel gets FDA approval, to be priced at up to $275
The U.S. Food and Drug Administration on
Friday approved Evofem Biosciences Inc's birth control
gel, ushering in the first non-hormonal contraceptive for women
in over three decades, sending its shares up 3.6%.
Categories: Business News