Author Archives: Syndicated Content
Alibaba says cloud unit to recruit 5,000 staff globally this financial year
SHANGHAI (Reuters) - Alibaba Group said its cloud unit aims to recruit 5,000 staff globally from now until the end of this financial year, in areas including network, database, servers, chips and arti...
Jun 08, 2020
Online used car seller Vroom raises $467.5 million in U.S. IPO
(Reuters) - Online used car seller Vroom Inc said on Monday it raised $467.5 million in its initial public offering as appetite for new stocks rebounds after the COVID-19 pandemic put many debuts on h...
Jun 08, 2020
Oil prices rise on optimism easing of lockdowns to spur fuel demand
By Sonali Paul MELBOURNE (Reuters) - Oil prices climbed on Tuesday, paring losses from the previous session, as markets broadly rose on growing confidence in a global recovery with pandemic lockdowns ...
Jun 08, 2020
California says movie theaters can reopen as early as Friday if counties approve
LOS ANGELES (Reuters) - Movie theaters can reopen in California as early as Friday if county officials grant approval, the state's health department said in guidelines issued on Monday. Theaters close...
Jun 08, 2020
As Japan Inc battles coronavirus, cash and bank deposits rise at record pace in May
By Leika Kihara TOKYO (Reuters) - Japan's money stock, or currency in circulation and bank deposits, rose at the fastest annual pace on record in May as companies hoarded cash to guard against slumpin...
Jun 08, 2020
China Telecom urges FCC not to revoke ability to operate in U.S
WASHINGTON (Reuters) - China Telecom Corp's U.S. unit urged the Federal Communications Commission (FCC) not to revoke the company's nearly two-decade old authorization to provide international telecom...
Jun 08, 2020
Closing in on all sides: Cuba nears declaring coronavirus victory
By Nelson Acosta and Sarah Marsh HAVANA (Reuters) - Reina Paula, a saleswoman at Havana's La Epoca supermarket, said the same day that a worker tested positive for the coronavirus, local authorities s...
Jun 08, 2020
Cathay Pacific and major shareholders Swire and Air China halt trading
SYDNEY (Reuters) - Hong Kong's Cathay Pacific Airways Ltd and its major shareholders Swire Pacific Ltd and Air China Ltd entered share trading halts in Hong Kong on Tuesday pending announcements. Cath...
Jun 08, 2020
IBM gets out of facial recognition business
(Reuters) - International Business Machines Corp will no longer offer general purpose facial recognition or analysis software, new Chief Executive Officer Arvind Krishna said in a letter to the member...
Jun 08, 2020
Cirque du Soleil creditors vie to take control of company: source
By Jessica DiNapoli and Mike Spector (Reuters) - Creditors of Cirque du Soleil Entertainment Group led by private equity firm Catalyst Capital Group Inc made an offer on Monday to take control of the ...
Jun 08, 2020
