Aurora Cannabis on Tuesday announced significant staff reductions and plans to shut five facilities over the next two quarters, as the cash-crunched cannabis industry scrambles to cut costs amid the COVID-19 pandemic.
The Trump administration has sent new guidance to companies struggling to understand the scope of a measure unveiled last month that aims to crack down on chip sales to China's blacklisted telecoms equipment maker Huawei , Reuters has learned.
A French restaurant owner who won a court battle with Axa over lockdown-linked losses said on Tuesday he had reached a further settlement with the insurer, potentially setting the tone for payouts to other businesses facing similar insurance problems.
SINGAPORE: Indonesian ride-hailing and payments firm Gojek announced on Tuesday (Jun 23) it would lay off 9 per cent of its employees, or 430 workers, and close down its lifestyle services arm, GoLife. A spokesman said the company would "prioritise its high-impact core businesses of payments ...
Germany's Bayer is set to reach a settlement this week with U.S. plaintiffs that claim its glyphosate-based weedkillers cause cancer, two people familiar with the matter told Reuters.
Walt Disney Co said on Tuesday it would launch Disney+ in eight more countries in Europe, as millions of people stuck at home due to coronavirus-induced restrictions turn to streaming services for entertainment.
REUTERS: A Missouri appeals court on Tuesday reduced a damages award against Johnson & Johnson to about US$2.12 billion from US$4.69 billion in a case brought by 22 women who blamed their ovarian cancer on asbestos in its baby powder and other talc products. The Missouri Court of Appeals...
One lucky baseball fan was taken inside the otherwise empty Tokyo Dome for Yomiuri Giants' win on Tuesday via a monitor mounted on a robot she controlled from home.
Royal Dutch Shell will announce a major restructuring by the end of the year as the energy company prepares to accelerate its shift towards low-carbon, CEO Ben van Beurden told employees, a company source said.
Luckin Coffee Inc disclosed on Tuesday that it received a de-listing notice from the Nasdaq Inc last week after it failed to file its annual report, sending the shares of the Chinese coffee chain down about 18per cent.
