Volkswagen AG's Mexican unit on Monday said about 2per cent of its workers tested for coronavirus had contracted the disease at some point, underlining the challenge faced by automakers in reopening factories before the pandemic has peaked in Mexico.
Japanese tech investment behemoth SoftBank Group said Tuesday it will sell T-Mobile shares worth over $21 billion as it sheds assets to shore up its financial health.
The label is starting its calendar of shows in July with an Italian catwalk display. Just don't expect to see A-listers in the front row.
Volkswagen AG's Mexican unit on Monday said about 2per cent of its workers tested for coronavirus had contracted the disease at some point, underlining the challenge faced by automakers in reopening factories before the pandemic has peaked in Mexico.
The U.S. dollar was on the backfoot on Tuesday, while its Australian counterpart and other risk-sensitive currencies stood firm as markets clung on to hopes of an economic recovery from the pandemic despite rising infections in some parts of the world.
Oil prices were steady on Tuesday, holding onto the previous session's gains, amid more signs of fuel demand picking up after the depths of the coronavirus pandemic as major crude producers continue to stick to supply cuts.
The Federal Reserve struck the right tone in its first pandemic-era economic outlook, suggesting years of extraordinary policy support for an economy facing a slow and long slog back, according to a majority of economists in a Reuters poll.
Asian stocks were set to edge up on Tuesday after oil prices rose and technology firms pushed Wall Street higher, although investors remained worried about fresh coronavirus outbreaks across the globe.
WASHINGTON: The US Transportation Department on Monday (Jun 22) accused the Indian government of engaging in "unfair and discriminatory practices" on charter air transportation services to and from India and issued an order requiring Indian air carriers to apply for authorization prior to ...
OAKLAND: More than 1,600 workers at Alphabet Inc are petitioning its Google unit to stop selling email and other services to police departments, a source familiar with the matter said on Monday. The workers in a petition seen by Reuters expressed disappointment with Google not joining the ...
