A potential shotgun wedding to Microsoft Corp for TikTok’s U.S. operations provoked an outcry on Chinese social media as well as criticism from a prominent Chinese investor in TikTok owner ByteDance. BEIJING/HONG KONG: A potential shotgun wedding to Microsoft Corp for TikTok’s U.S. operations provoked an outcry on Monday on […]
Month: August 2020
Alphabet Inc’s Google is buying a 6.6per cent stake in home security firm ADT Inc for US$450 million in a deal that will allow it to provide service to customers of its Nest home security devices. REUTERS: Alphabet Inc’s Google is buying a 6.6per cent stake in home security firm […]
Wall Street’s main indexes opened higher on Monday as Microsoft’s pursuit of TikTok’s U.S. operations and a clutch of upbeat quarterly earnings reports lifted sentiment in the absence of a fiscal coronavirus relief deal. REUTERS: Wall Street’s main indexes opened higher on Monday as Microsoft’s pursuit of TikTok’s U.S. operations […]
Luxury carmaker Ferrari trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions during the coronavirus pandemic. MILAN: Luxury carmaker Ferrari trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions during the coronavirus […]
SINGAPORE: The National Wages Council (NWC) will meet a second time this year to update the tripartite position on wages, as the COVID-19 pandemic continues to impact the labour market. Manpower Minister Josephine Teo announced this on Monday (Aug 3), after a meeting with National Trades Union Congress (NTUC) secretary-general […]
SINGAPORE: Singapore’s factory activity expanded slightly in July after five months of contractions. The Purchasing Managers’ Index (PMI) for July came in at 50.2, up 2.2 points from the previous month, according to data released by the Singapore Institute of Purchasing and Materials Management (SIPMM) on Monday (Aug 3). A […]
GENEVA: The World Health Organization (WHO) warned on Monday (Aug 3) that, despite strong hopes for a vaccine, there might never be a “silver bullet” for COVID-19. More than 18.14 million people around the world are reported to have been infected with the disease and 688,080 have died, according to […]
Denmark’s staging of the Tour de France’s start, known as the ‘Grand Depart’, has been pushed back a year to 2022, Danish organisers said in a statement on Monday. COPENHAGEN: Denmark’s staging of the Tour de France’s start, known as the ‘Grand Depart’, has been pushed back a year to […]
SAN FRANCISCO: Fiji’s Vijay Singh, a three-time major champion, has withdrawn from this week’s PGA Championship with an injury, allowing Argentina’s Emiliano Grillo into the field. The PGA Championship, the year’s first major tournament, starts on Thursday at TPC Harding Park in San Francisco and is being staged without spectators […]
Rory McIlroy says the coronavirus shutdown has made him more focused on adding to his tally of four major titles, the last of which came in 2014. The 31-year-old will compete in the PGA Championship at Harding Park starting on Thursday, before the U.S. Open and the Masters in September […]