Southwest Airlines Co on Thursday warned that travel demand would remain depressed until a vaccine or treatment for COVID-19 becomes available, as it posted a US$915 million loss for the second quarter. REUTERS: Southwest Airlines Co on Thursday warned that travel demand would remain depressed until a vaccine or treatment […]
Year: 2020
LONDON: The re-scheduled Diamond League meeting due to be held in Gateshead on Sep 12 has been cancelled because of the coronavirus pandemic, British Athletics confirmed on Thursday (Jul 23). “It is with sad news that we announce that the proposed Müller Grand Prix Gateshead due to take place this […]
LONDON: Liverpool’s Premier League title winning captain Jordan Henderson was named England’s Footballer of the Year on Friday (Jul 24) in the annual vote of the Football Writers’ Association (FWA). Manchester City’s Kevin De Bruyne, Manchester United’s Marcus Rashford and Liverpool pair Virgil van Dijk and Sadio Mane made up […]
SHANGHAI: The National Basketball Association (NBA) has severed ties to a training centre in China’s western Xinjiang region, where Beijing faces growing international condemnation over its treatment of minorities. In a letter published online by US Senator Marsha Blackburn, the US league also said it had lost “hundreds of millions […]
Volkswagen AG, Europe’s largest automaker, is expanding its cloud-based software and data portal, aiming to develop it into an industry-wide marketplace where business customers can buy and sell industrial applications, the company said on Thursday. REUTERS: Volkswagen AG, Europe’s largest automaker, is expanding its cloud-based software and data portal, […]
France’s newly-appointed Environment Minister Barbara Pompili said on Thursday she would push to pause the development of warehouses used by online businesses such as Amazon, in a possible setback for the e-commerce giant. PARIS: France’s newly-appointed Environment Minister Barbara Pompili said on Thursday she would push to pause the development […]
The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant. WASHINGTON: The chief executives of four […]
REUTERS: Volkswagen, Europe’s largest automaker, is expanding its cloud-based software and data portal, aiming to develop it into an industry-wide marketplace where business customers can buy and sell industrial applications, the company said on Thursday (Jul 23). VW’s “industrial cloud” was designed in partnership with Amazon Web Services and eventually […]
SINGAPORE: Marina Bay Sands (MBS) has reported an earnings before interest, tax, depreciation and amortisation (EBITDA) loss of US$113 million in the second quarter of 2020, a period that coincided with Singapore’s COVID-19 “circuit breaker” period. The figure is in contrast with the US$346 million EBITDA profit it made between […]
SINGAPORE: Singapore’s core inflation dropped 0.2 per cent year-on-year in June, the Monetary Authority of Singapore (MAS) and Ministry of Trade and Industry (MTI) said in a joint news release on Thursday (Jul 23). The drop in June continues from the 0.2 per cent year-on-year decrease recorded in May. This […]