[ad_1] KUALA LUMPUR (Reuters) – Malaysian telecommunications company Axiata Group Bhd is in talks to buy a smaller rival in Indonesia in a share-swap deal to cut costs and competition in its biggest market, as
Cyclone Amphan loss estimated at $13 billion in India, may rise in Bangladesh
[ad_1] KOLKATA/DHAKA (Reuters) – A powerful cyclone that tore through India’s eastern state of West Bengal this week has caused a damage of 1 trillion rupees ($13 billion) to infrastructure and crops, state officials said.
Organizers cancel 2020 New York auto show
[ad_1] (Reuters) – Organizers said Friday they were canceling the 2020 New York auto show that had previously been pushed back until August, citing the ongoing coronavirus pandemic and the venue’s use as a field
UK court throws out Nigerian oil corruption case against Shell, Eni
[ad_1] LONDON (Reuters) – An English court threw out a $1.1 billion case Nigeria had brought against Royal Dutch Shell and Eni related to a dispute over the OPL 245 oilfield, a court document showed
UK to require employers to pay 20-30% of furloughed wage cost – The Times
[ad_1] FILE PHOTO: Chancellor of the Exchequer Rishi Sunak is seen as he arrives at Downing Street, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 13, 2020. REUTERS/John Sibley/File photo LONDON (Reuters)
Wall Street Weekahead: Investors look beyond drug makers as hunt for Covid-19 treatment heats up
[ad_1] NEW YORK (Reuters) – Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks. FILE PHOTO: A man wears a
Key Mexican state for German automakers hits brakes on restart
[ad_1] FILE PHOTO: An employee leaves the Volkswagen (VW) plant as the company temporarily closes its factories in Mexico amid growing worries over the spread of the coronavirus disease (COVID-19), in Puebla, Mexico, March 29,
Exclusive: U.S. accuses China of blocking U.S. flights, demands action
[ad_1] WASHINGTON (Reuters) – The U.S. government late on Friday accused the Chinese government of making it impossible for U.S. airlines to resume service to China and ordered four Chinese air carriers to file flight
Hertz files for U.S. bankruptcy protection as car rentals evaporate in pandemic
[ad_1] NEW YORK (Reuters) – The more than a century old car rental firm Hertz Global Holdings Inc filed for bankruptcy protection on Friday after its business was decimated during the coronavirus pandemic and talks
Uber customer claims company won price-fixing suit because arbitrator was scared
[ad_1] NEW YORK (Reuters) – An Uber customer on Friday asked a Manhattan federal judge to overturn an arbitration win for the company in a price-fixing case, arguing that the arbitrator only ruled in Uber’s