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Updated: 4 years 23 weeks ago
KKR and Cinven in takeover talks with Spain's MasMovil -sources
A consortium of three
buyout funds including KKR and Cinven is looking to
launch a takeover bid for Spanish telecoms company MasMovil
, two sources close to the matter told Reuters.
Categories: Business News
FEATURE-Workers nervously eye return to Lear's coronavirus-hit plant in Mexico
Lear Corp is
implementing costly safety measures that may hurt productivity
at its operations in Mexico after suffering the deadliest known
factory-related coronavirus outbreak in the Americas, but the
U.S. auto parts maker still faces a battle to win back workers'
trust.
Categories: Business News
Amazon removes racist messages after they appear on some product listings
Amazon.com Inc said it was
removing certain images after messages using extremely strong
racist abuse appeared on some listings on its UK website when
users searched for Apple's AirPods and other similar
products.
Categories: Business News
UPDATE 1-China says 2 new coronavirus cases, asymptomatic case on German charter
China announced on Sunday two
new confirmed cases of coronavirus and four new asymptomatic
cases, including one person without symptoms of COVID-19 on a
chartered flight from Germany.
Categories: Business News
UPDATE 1-Venezuela's government increases gasoline prices starting in June
Venezuela's President Nicolas
Maduro on Saturday announced a price hike for gasoline after two
decades of frozen values at the pump, as part of a system to
fill vehicles and motorcycles with subsidized fuel up to monthly
quotas and pay internationally indexed prices over those levels.
Categories: Business News
UPDATE 6-NASA resumes human spaceflight from U.S. soil with historic SpaceX launch
SpaceX, the private
rocket company of billionaire entrepreneur Elon Musk, launched
two Americans into orbit from Florida on Saturday in a landmark
mission marking the first spaceflight of NASA astronauts from
U.S. soil in nine years.
Categories: Business News
UPDATE 1-Drugs standards group nixes plan to kick pharma's crab blood habit
Horseshoe crabs' icy-blue blood
will remain the drug industry's standard for safety tests after
a powerful U.S. group ditched a plan to give equal status to a
synthetic substitute pushed by Swiss biotech Lonza and
animal welfare groups.
Categories: Business News
With fact-checks, Twitter takes on a new kind of task
In addition to disputing misleading
claims made by U.S. President Donald Trump about mail-in ballots
this week, Twitter has added fact-checking labels to
thousands of other tweets since introducing the alerts earlier
this month, mostly on posts about the coronavirus.
Categories: Business News
Private equity firm IG4 buys two Brazilian hospitals amid COVID pandemic
Brazilian private equity
firm IG4 has spent 200 million reais ($38 million) on two recent
deals to acquire hospitals through its recently formed OPY
Health unit amid the coronavirus pandemic, according to people
with knowledge of the matter.
Categories: Business News
Fire extinguished on Suncor offshore oil vessel that faces uncertain future
A fire on the idled
Terra Nova oil facility that Suncor Energy operates off the
coast of Newfoundland & Labrador has been extinguished, the
energy regulator for the province said on Saturday, even as the
vessel faced an uncertain future.
Categories: Business News
UPDATE 5-NASA resumes human spaceflight from U.S. soil with historic SpaceX launch
SpaceX, the private
rocket company of billionaire entrepreneur Elon Musk, launched
two Americans toward orbit from Florida on Saturday in a mission
that marks the first spaceflight of NASA astronauts from U.S.
soil in nine years.
Categories: Business News
JBS gets court nod to reopen Brazil plant closed over COVID-19 outbreak
A Brazilian labor court on
Saturday ruled that JBS SA can reopen its chicken
processing plant in the southern state of Santa Catarina,
according to a copy of the decision seen by Reuters.
Categories: Business News
UPDATE 1-Crew on board as SpaceX, NASA to try again for landmark launch of two astronauts
The two-man crew
entered the capsule that will take them to the International
Space Station on Saturday, as Elon Musk's private rocket company
SpaceX was set for a repeat attempt at launching the Americans
into orbit for a mission that would be the first spaceflight of
NASA astronauts from U.S. soil in nine years.
Categories: Business News
Drugs standards group nixes plan to kick pharma's crab blood habit
Horseshoe crabs' icy-blue blood
is set to remain the drug industry's standard for safety tests
after a powerful U.S. group ditched a plan to put on an equal
footing a synthetic substitute pushed by Swiss biotech Lonza
and animal welfare groups.
Categories: Business News
LATAM airlines reports $2.12 bln Q1 loss due to pandemic
LATAM Airlines, the largest
Latin American air transport group, had losses of $2.12 billion
in the first quarter after an accounting adjustment of its
assets amid the coronavirus pandemic, the company said in a
statement late on Friday.
Categories: Business News
Work on flight data of crashed Pakistani airliner to start June 2 in France
Work on the flight data and
cockpit voice recorders of a crashed Pakistani airliner will
begin in France on June 2, investigators said on Saturday.
Categories: Business News
SpaceX, NASA to try again for landmark launch of two astronauts from Florida
Elon Musk's private
rocket company SpaceX was set for a repeat attempt at launching
two Americans into orbit on Saturday from Florida for a mission
that would mark the first spaceflight of NASA astronauts from
U.S. soil in nine years.
Categories: Business News
Google postpones Android 11 unveiling amid U.S. protests
Alphabet Inc's Google on
Saturday said it has postponed next week's planned unveiling of
the beta version of its latest Android 11 mobile operating
system in light of protests and unrest in the United States.
Categories: Business News
Taiwan approves Gilead's remdesivir to treat COVID-19
Taiwan's government said on
Saturday it had approved Gilead Sciences' potential
COVID-19 treatment, remdesivir, to treat the illness caused by
the novel coronavirus.
Categories: Business News