The U.S. will amend its prohibitions on U.S. companies doing business with China's Huawei to allow them to work together in standards settings for next generation 5G networks, according to people familiar with the matter.
British Airways is fighting for its survival and has acted lawfully, Willie Walsh, the chief executive of the airline's owner IAG said on Monday, in a terse response to lawmakers who heavily criticised its treatment of employees.
SAN FRANCISCO: Facebook on Monday (Jun 15) added a digital payments feature to its WhatsApp messaging service, starting in Brazil but with an eye to expanding around the world. WhatsApp users in Brazil can use the encrypted mobile messaging service to send money or make purchases, Facebook said in ......
WASHINGTON, DC: The Federal Reserve on Monday (Jun 15) launched its latest life raft for US businesses hurt by the coronavirus pandemic. Administered by the Boston Fed, the Main Street Lending Programme will offer up to US$600 billion in loans through participating lenders to small and medium ...
SINGAPORE: "Fast lane" travellers returning to Singapore may appeal for swab tests in place of the mandated 14-day stay-home notice (SHN) they would have to serve when they are back in the country, said Trade and Industry Minister Chan Chun Sing on Monday (Jun 15). A "fast lane" arrangement...
DOHA: Qatar Airways will slash some pilots' salaries and make others redundant to offset the revenue collapse caused by the novel coronavirus travel crisis, it said in a memo seen by AFP on Monday (Jun 15). The Gulf airline, which flew to more than 170 destinations with 234 aircraft as...
WASHINGTON: Amazon Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of antitrust law by big tech firms, according to a letter to the committee. A letter to key members of the House Judiciary Committee said that Bezos would be available to ......
NEW YORK: The Federal Reserve said on Monday (Jun 15) it had opened registration for lenders interested in participating in its Main Street Lending Programme, launching arguably the most complex programme undertaken yet by the US central bank to help keep the backbone of the economy from buckling ...
MUMBAI: India's Tata Motors on Monday (Jun 15) reported a loss of US$1.3 billion for the first three months of this year as sales in its key markets of China and Europe were hit by the coronavirus pandemic. The Mumbai-headquartered firm had just returned to the black in the...
Amazon.com Inc Chief Executive Officer Jeff Bezos is willing to testify before a House antitrust investigation into the market power of major tech companies, the New York Times reported https://www.nytimes.com/2020/06/15/technology/amazon-jeff-bezos-congress.html on Monday, citing a lawyer for ...
