Investors have pushed shares of Microsoft Corp up almost 30 percent since the start of the year, betting that the pandemic-induced shift to more remote computing will boost its business. REUTERS: Investors have pushed shares of Microsoft Corp up almost 30 percent since the start of the year, betting that […]
Month: July 2020
BANGKOK: Thailand’s rice exporters association has slashed its forecast for 2020 exports to 6.5 million tonnes, the lowest volume in two decades, owing to drought and a strong baht currency, its executives said on Wednesday (Jul 22). The industry group’s latest forecast for Thailand, the world’s second-largest rice exporter last […]
Tesla Inc’s rapid rise to become the world’s most valuable carmaker could mark the start of a new era for the global auto industry, defined by a Silicon Valley approach to software that is overtaking old-school manufacturing know-how. FRANKFURT/BEIJING/DETROIT: Tesla Inc’s rapid rise to become the world’s most valuable carmaker […]
SHANGHAI: Former Sevilla and Espanyol boss Pablo Machin was named head coach of Qingdao Huanghai on Wednesday (Jul 22), just three days before the Chinese Super League (CSL) kicks off. The 45-year-old replaces fellow Spaniard Juanma Lillo, who left newly promoted Qingdao last month to become Pep Guardiola’s assistant at […]
BLAINE, Minnesota: Golfer Brooks Koepka said that racism must be confronted across the globe, speaking to reporters ahead of the 3M Open, the first major sporting event in the greater Minneapolis region since the death of George Floyd in police custody. Floyd’s death in May prompted widespread protests across the […]
BRUSSELS: European Union leaders clinched a deal on Tuesday (Jul 21) for a huge stimulus package which the European Commission has said will make fighting climate change central to Europe’s economic recovery from the COVID-19 pandemic. Climate advocates said the final deal – a €1.074 trillion EU budget for 2021-27, […]
SEOUL: South Korea on Wednesday (Jul 22) scaled back plans to impose capital gains taxes on stock investments in response to complaints by retail investors, but said it will hike taxes for top earners as part of changes in its annual tax code revision. It comes after retail investors took […]
MANCHESTER: Manchester City manager Pep Guardiola said the individual achievements of his players must be viewed in relation to the team’s success and consistency after Raheem Sterling’s brace sealed a 4-0 Premier League win over Watford on Tuesday (Jul 21). City forward Sterling’s first-half goals took his league tally to […]
SINGAPORE: A risk management framework for business events of up to 50 attendees has been developed by the Singapore Tourism Board (STB), and it will be trialed with two pilot events before gradually scaling up to other events. Business-to-business (B2B) events such as meetings, conventions, exhibitions and trade shows have […]
CHICAGO: A shootout outside a funeral left 14 people wounded Tuesday (Jul 21) in Chicago, as President Donald Trump threatens to send federal agents to a handful of US cities led by Democratic mayors. The episode started when occupants of a vehicle “began firing at attendees of a funeral. At […]