NEW YORK: Wall Street stocks finished higher on Monday (Jun 1), shrugging off unrest in many cities following anti-racism protests and worsening US-China tensions. The Dow Jones Industrial Average gained 91.91 points (0.36 per cent) to 25,475.02. The broad-based S&P 500 climbed 11.42 points (0.38 per cent) to 3,055.73, while […]
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WASHINGTON: U.S. President Donald Trump’s effort to regulate social media companies’ content decisions may face an uphill battle from regulators who have previously said they cannot oversee the conduct of Internet firms. Trump said last week that he wants to “remove or change” a provision of a law that shields […]
MENLO PARK, California: Facebook and Snapchat developer Snap became the latest US companies condemning racial inequality in the United States as violent protests flared up across major cities over the death of George Floyd, an unarmed black man who died while in police custody in Minneapolis last week. The two […]
Ryanair Holdings Plc and Chief Executive Michael O’Leary failed to persuade a U.S. judge to dismiss a securities fraud lawsuit accusing Europe’s largest budget airline of defrauding them by downplaying its willingness to recognize labor unions. NEW YORK: Ryanair Holdings Plc and Chief Executive Michael O’Leary failed to persuade a […]
LONDON: Formula One drivers followed Lewis Hamilton’s lead on Monday after the six-times world champion criticised his sport’s silence over the killing of George Floyd, an unarmed black man who died after a white U.S. police officer knelt on his neck. The death in Minneapolis triggered a wave of outrage […]
Facebook staff have spoken out against the tech giant’s decision not to remove or flag a controversial post by US President Donald Trump last week. Mr Trump took to Facebook to repeat a tweet about the widespread protests in Minneapolis, following the death of George Floyd in police custody. Twitter […]
Hollywood celebrities have shown their support and solidarity for African-Americans and the protesters. The death of George Floyd and the subsequent Minneapolis protests that have turned violent has shaken the United States of America. Floyd, a black man, died after a white Minneapolis police officer pressed his knee into the […]
Director James Cameron and producer Jon Landau have landed in New Zealand to restart the production of their ambitious project, Avatar 2. Posting a photo of himself along with director Cameron, Landau wrote, “Made it to New Zealand. Our 14-day government supervised self-isolation now begins. #avatarsequels #jamescameron #newzealand #airnewzealand✈️ #selfisolation.” […]
The Japanese race is a long-standing fixture on the MotoGP circuit TOKYO: The Japanese MotoGP was cancelled over the coronavirus on Monday (Jun 1) as organisers said they would concentrate on holding as many races as possible in Europe this year. The scrapping of the Oct 16-18 race in […]
TOKYO: Japan’s government will submit to parliament early next week a second extra budget to fund a new US$1.1 trillion stimulus package to cushion the economic blow from the coronavirus pandemic, Prime Minister Shinzo Abe said on Monday (Jun 1). With ruling and opposition parties on board for big spending […]