Facebook Inc has signed a global licensing deal with one of India's largest music labels, allowing users to choose from a large catalogue of Bollywood music for their Facebook and Instagram posts, the music company said on Wednesday.
German airline Lufthansa posted a net loss of 2.1 billion euros (US$2.35 billion) in the first quarter, writing down the value of assets as the coronavirus pandemic hits the travel sector.
A survey of U.S. businesses on Wednesday revealed deep fears for the future of their operations in Hong Kong if China imposes national security legislation that critics say could curb the financial centre's freedoms and fuel ongoing protests.
Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region's tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can't be moved easily.
Ride-hailing firm Lyft Inc said on Tuesday that rides on its platform rose 26 per cent in May from the previous month, with strong growth from cities where coronavirus-induced restrictions have been eased.
REUTERS: Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering that could raise around US$1 billion, people familiar with the matter said on Tuesday. Playtika's preparations illustrate how some Chinese ...
Facebook said Tuesday it has suspended accounts associated with white nationalist groups after some advocated bringing weapons to the current wave of anti-racist protests.
REUTERS: Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering that could raise around US$1 billion, people familiar with the matter said on Tuesday. Playtika's preparations illustrate how some Chinese ...
South Korea unveiled on Wednesday (Jun 3) a 35.3 trillion won (US$28.8 billion) supplementary budget, to raise the total stimulus to 270 trillion won for an economy facing its worst growth since the 1998 Asian financial crisis due to the coronavirus pandemic.
Facebook's messaging platform WhatsApp and Paypal said on Wednesday they had invested in Indonesian payments and ride-hailing firm Gojek as part of its ongoing fundraising round.
