Facebook’s Mark Zuckerberg is now worth $100bn
Mark Zuckerberg has seen his personal wealth hit $100bn (£76bn), 16 years after he co-founded Facebook from his university dorm room. He joins Amazon’s Jeff Bezos and Microsoft’s Bill Gates … Read More
Category: Business
AMC expects to reopen all international theaters in three weeks
(Reuters) – AMC Entertainment Holdings Inc said on Thursday it expects all its international theaters to resume operations in the next two to three weeks, while two-thirds or more of … Read More
Airbus adds more deliveries, breaks three-month order drought
PARIS (Reuters) – Airbus delivered 49 aircraft in July, up from 36 in June as it continues to recover from a slump in deliveries during this year’s coronavirus lockdowns, the … Read More
Futures muted ahead of weekly unemployment claims data
(Reuters) – U.S. stock index futures were flat on Thursday as investors looked forward to the latest weekly jobless claims report to gauge the pace of a rebound in the … Read More
Siemens forecasts modest sales growth as speeds up cost cuts
ZURICH (Reuters) – Siemens (SIEGn.DE) expects a “modest” improvement in orders and revenue in the months ahead, as the German engineering group tackles the coronavirus downturn by speeding up cost … Read More
Futures muted ahead of weekly unemployment claims data
(Reuters) – U.S. stock index futures were flat on Thursday as investors looked forward to the latest weekly jobless claims report to gauge the pace of a rebound in the … Read More
EU imports from Singapore up 12% in 6-month period after FTA came into effect
SINGAPORE – Despite the impact of Covid-19 on global trade, European Union (EU) imports from Singapore saw a 12 per cent increase in the first six months since the EU-Singapore … Read More
Stocks slip as markets await U.S. stimulus
LONDON (Reuters) – Stocks slipped on Thursday as investors waited for signs of agreement on a U.S. stimulus package, while the U.S. dollar slumped to a two-year low on fears … Read More
Disney's wonderful world helps lift Wall Street
NEW YORK (Reuters) – U.S. stocks climbed on Wednesday in the wake of a surprise quarterly profit from Disney and as investors hailed signs that a deal was near for … Read More
Virgin Atlantic Airways seeks U.S. Chapter 15 bankruptcy protection
WASHINGTON/LONDON (Reuters) – Virgin Atlantic Airways Ltd is seeking protection from creditors in the United States under Chapter 15 of the U.S. Bankruptcy Code, which allows a foreign debtor to … Read More