REUTERS: Bournemouth’s Steve Cook faces a late fitness test to be ready for Thursday’s Premier League match against Tottenham Hotspur while fellow centre back Chris Mepham has a knee problem that may require surgery, manager Eddie Howe said on Wednesday. Cook missed relegation-threatened Bournemouth’s 5-2 defeat by Manchester United on […]
Month: July 2020
TORONTO: Canadian and U.S. cannabis companies are facing a spike in already high costs of insurance to protect top executives from personal liability, following a slew of lawsuits by disgruntled investors alleging fraud and misinformation, with more such action expected. Some of the biggest cannabis companies, including Medmen Enterprises, Canopy […]
REUTERS: Shares in Nokia fell up to 8per cent in Wednesday trade on concerns that the Finnish company was losing the business of its key client Verizon in the United States. Nokia, battling with China’s Huawei and Sweden’s Ericsson , is trying to strengthen its 5G slate and looking especially […]
TOKYO: With their stadium devoid of fans due to coronavirus restrictions, Japanese baseball team Fukuoka SoftBank Hawks have come up with an imaginative replacement: dancing robots. Before their most recent Nippon Professional Baseball (NPB) game against Rakuten Eagles on Tuesday, over 20 robots danced to the team’s fight song on […]
KUALA LUMPUR: Shares in Malaysia’s AirAsia Group plunged 11 per cent after trading resumed on Wednesday (Jul 8) afternoon, after its auditor said there were material uncertainties that cast doubt on the budget carrier’s ability to continue as a going concern. Ernst & Young issued an audit opinion stating that […]
LONDON: Batting great Brian Lara has said West Indies’ best chance of victory against England is to race out to an early lead and secure the win inside five days. All-rounder Jason Holder is part of the tourists’ impressive bowling attack but questions remain about their batting ahead of the […]
LONDON: Online fashion retailer Boohoo has commissioned an independent review of its supply chain in Britain focused on areas including compliance with minimum wages and coronavirus rules after a damaging media report about working conditions. Boohoo shares have lost about a third of their value since The Sunday Times reported […]
LONDON: Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new lines. New insurance ventures sprang up after Hurricane Andrew in 1992, the 9/11 attacks […]
TOULOUSE, France: Airbus workers began a brief strike on Wednesday (Jul 8) over plans to cut up to 15,000 jobs in response to the coronavirus crisis, which has stripped demand for jets as airlines cope with a plunge in tourism and business travel. Unions said up to 8,000 workers were […]
HONG KONG: Ant Group, the fintech arm of Chinese e-commerce giant Alibaba, plans a Hong Kong float as soon as this year and targets a valuation of more than US$200 billion, said two sources with knowledge of the matter. The world’s most valuable tech “unicorn” had been looking to sell […]