LONDON: The world’s biggest asset manager BlackRock has pumped about 16 billion euros (US$18 billion) into 810 European companies since the end of January, more than half of them in distress due to the coronavirus pandemic, a source with direct knowledge of the matter told Reuters. Companies across the world […]
Year: 2020
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 a […]
SHANGHAI: Formula 1 chiefs want to stage two races in Shanghai this season after the Chinese Grand Prix was postponed because of COVID-19, the city’s sports boss said on Monday (Jun 15), adding there was no final decision. This year’s pandemic-disrupted world championship is expected to launch with a double-header […]
MOSCOW: State prosecutors have charged a prominent Russian scientist with treason after accusing him of passing state secrets to China, his lawyer said on Monday (Jun 15), saying his client could serve up to 20 years in prison if found guilty. Valery Mitko, president of the Arctic Academy of Sciences […]
LONDON: British Prime Minister Boris Johnson said a cross-government commission would examine racism and the disparities experienced by minority ethnic groups in education, health and the criminal justice system following Black Lives Matter protests. Johnson said he could not ignore the strength of feeling shown by tens of thousands of […]
SINGAPORE: Asia’s largest mixed martial arts promotion, One Championship, said on Monday (Jun 15) it was cutting 20 per cent of its employees worldwide after being unable to stage fight cards for almost four months because of the COVID-19 pandemic. The Singapore-based organisation, which promotes cards across Asia in mixed […]
REUTERS: Throughout a good part of his career Phil Mickelson was the best golfer never to win a major but as “Lefty” turns 50 he has become golf’s nearly man. As in nearly won the U.S. Open (runner-up six times). Nearly won the career slam. Nearly climbed to number one […]
BEIJING: China’s capital city raced on Monday (Jun 15) to control a fresh coronavirus outbreak, with 75 cases linked to a single wholesale food market in Beijing where authorities have locked down neighbourhoods and launched a massive test and trace programme. The outbreak in China – where the disease first […]
LONDON: Williams driver George Russell took his fourth successive virtual Formula One victory on Sunday (Jun 14) in the last race before the real season starts in Austria next month. With Ferrari’s Charles Leclerc absent, the Briton had already ‘won’ a fun series designed to fill the gap left by […]
LONDON: Williams driver George Russell took his fourth successive virtual Formula One victory on Sunday (Jun 14) in the last race before the real season starts in Austria next month. With Ferrari’s Charles Leclerc absent, the Briton had already ‘won’ a fun series designed to fill the gap left by […]