Shares in SAP jumped 7per cent on Thursday to the top of Germany’s blue-chip index after the software maker confirmed its outlook and said its quarterly business activity recovered from the effects of a global lockdown faster than expected. FRANKFURT: Shares in SAP jumped 7per cent on Thursday to the […]
Business
PRAGUE: When Dunia Skaunicova graduated in media marketing from Prague’s Metropolitan university she quickly found a dream first job at a startup in the Czech capital, where companies were fighting to snap up multi-lingual graduates. Months later, however, she suddenly found herself back looking for work after losing her job […]
KUALA LUMPUR: Malaysian budget carrier AirAsia on Thursday (Jul 9) said it was in talks to secure financing of more than 1 billion ringgit (US$235 million), a day after its auditor cast doubt on its ability to continue as a going concern due to the coronavirus-led travel slump. “We have […]
Newcastle United’s 5-0 thumping by Manchester City on Wednesday is not an indication they have downed tools since securing Premier League survival, manager Steve Bruce has said. REUTERS: Newcastle United’s 5-0 thumping by Manchester City on Wednesday is not an indication they have downed tools since securing Premier League survival, […]
SHANGHAI: United States electric vehicle maker Tesla is “very close” to achieving level five autonomous driving technology, chief executive Elon Musk said on Thursday (Jul 9), referring to the capability to navigate roads without any driver input. “I’m extremely confident that level five or essentially complete autonomy will happen and […]
HONG KONG: China has punished video platforms including Alibaba-backed Youku and Baidu-backed iQiyi for carrying “low taste” content in a renewed effort to clean up the Internet, a pornography watchdog said. Authorities have outlawed more than 12,000 websites and deleted 8.4 billion pieces of pornography-related content in the first half […]
SAN FRANCISCO: Google said on Wednesday (Jul 8) it has shut down its cloud project named Isolated Region and added that it was not weighing options to offer its cloud platform in China. Earlier in the day, Bloomberg News reported, citing two employees, that Google had shelved the project in […]
TOKYO: The COVID-19 crisis has prompted Japan to ease regulations on remote medical treatment, creating an opening for tech companies and offering a glimpse of the future of healthcare in the world’s most rapidly ageing society. As coronavirus cases spiked in April, Japan temporarily eased restrictions on remote medical care, […]
RIYADH: Jobless and broke, Sudanese electrician Hatem is stranded in limbo in Riyadh like countless other illegal workers, but he hopes the fast-spreading coronavirus will offer a chance for escape. While coronavirus drives a huge exodus of expatriates, campaigners say potentially hundreds of thousands of illegal workers remain stranded in […]
WASHINGTON: The United States on Wednesday (Jul 8) voiced concern after Vietnam handed down an eight-year prison sentence to a Facebook user who broadcast pro-democracy views, calling on Hanoi to allow freedom of expression. Nguyen Quoc Duc Vuong had spoken of his support for democracy in Vietnam and shared news […]