JOHANNESBURG: Adding streaming services will give Africa's biggest pay-TV group, MultiChoice, a head start when online viewing takes off on the continent, it said on Thursday, after revealing it had deals with Netflix and Amazon. CEO Calvo Mawela, in a presentation on Thursday, did not name the ...
REUTERS: Instacart said on Thursday it had raised US$225 million in a new funding round, valuing it at US$13.7 billion, as the grocery delivery company cashes in on a surge in online shopping due to the COVID-19 pandemic. The new financing round was led by venture capitalist firms DST...
Exxon Mobil is preparing to restart the sale of its British North Sea assets after weaker oil prices and the coronavirus outbreak led to months of delay, industry and banking sources said.
Fast-talking auctioneer Greg Highsmith sung out dozens of prices - "seventy-five-hundred now, US$10,000 now, be able to get 15,000?" - before a North Dakotan buyer paid US$27,500 for a used Caterpillar oil swabbing rig on Friday.
WASHINGTON, DC: Layoffs caused by the coronavrius pandemic reached 44.2 million in the United States even as businesses try to reopen, with analysts warning of continuing damage to the world's largest economy as COVID-19 shows few signs of abating. Wall Street stocks plunged at the start of ...
PARIS: France plans to hold its much-awaited 5G spectrum auction at the end of September after a delay due to the coronavirus outbreak, the country's telecoms watchdog Arcep said on Thursday. The auction, which had previously been postponed over disagreements between the French finance ministry ...
Auto parts suppliers across North America said they are encouraged as major automakers accelerate production after coronavirus pandemic shutdowns, but are holding back on hiring and investment because of longer-term uncertainty.
SINGAPORE: A man and a woman will be charged in court for their suspected involvement in cheating offences involving loans amounting to more than US$340 million (S$472 million), said the Singapore Police Force (SPF) on Thursday (Jun 11). The loans were disbursed to a company by eight banks in ...
The United States cannot let the coronavirus shut down its economy again, U.S. Treasury Secretary Steven Mnuchin said on Thursday, adding that more than US$1 trillion in rescue funds will flow into the economy over the next month.
Delta Air Lines Inc is launching next week a program to test employees for active COVID-19 and antibodies under a partnership with the Mayo Clinic and Quest Diagnostics Inc, Chief Executive Ed Bastian said in an employee memo on Thursday.
