BRUSSELS: The European Commission is in advanced talks with pharmaceutical giant Johnson & Johnson to reserve or buy up-front doses of its COVID-19 vaccine under development, two officials familiar with the talks told Reuters. The move would be the first arranged by the European Union executive since it was mandated […]
Business
REUTERS: Ford Motor Co said on Thursday that it will offer hands-free driving on its new Mustang Mach-E in fall 2021, six years after Tesla Inc and four years after General Motors Co introduced similar systems. The system, called Active Drive Assist, will be offered on several Ford models, most […]
PARIS: The rescheduled 24 Hours of Le Mans in September will be condensed into a four-day timetable incorporating free practice, qualifying, warm-up and the race, organisers announced on Thursday. In the past, practice and qualifying has started on the Wednesday before the race but the 2020 race has been postponed […]
GUANGZHOU, China: The coronavirus has disrupted supply chains and demand across the global economy, but it is the prospect of Europe becoming a casualty in the US-China tech war that keeps the president of the European Chamber in China “awake at night”. “When two elephants dance it’s hard to stand […]
NEW DELHI: China’s Oppo cancelled the live online launch of its flagship smartphone in India on Wednesday (Jun 17) after a border clash between the two countries that has renewed calls from local Indian trader groups to shun Chinese products. Soldiers from India and China fought each other with nail-studded […]
KidZania Singapore is closing after four years on Sentosa Island. SINGAPORE: Indoor family attraction KidZania Singapore will close its doors permanently after four years, laying off 103 employees, the company said on Wednesday (Jun 17). KidZania, which opened in April 2016 on Sentosa Island, said it has been a […]
TAIPEI: Taiwan will from the start of next week ease border controls put in place to prevent the spread of the coronavirus and will allow in business travellers from some lower-risk countries, though they will have to be tested and quarantined. Taiwan has never gone into total lockdown and life […]
BEIJING/HONG KONG: Beijing-based ByteDance, the privately owned operator of short video app TikTok, booked around 40 billion yuan (US$5.64 billion) in revenue for the January-March quarter, said two people with knowledge of the matter. The figure represents growth of more than 130 per cent compared with the same period a […]
SINGAPORE: Singapore’s non-oil domestic exports (NODX) fell 4.5 per cent year-on-year in May after seeing unexpected growth in the previous month, mainly due to declines in the petrochemicals sector. This reversed three straight months of expansion, with total trade contracting 25 per cent in May, according to official data released […]
SAN FRANCISCO: Facebook on Tuesday (Jun 16) removed almost 900 accounts associated with the far-right Proud Boys and American Guard, including those belonging to Proud Boys supporters who marched into a protest zone in Seattle Monday and confronted anti-racist demonstrators. Facebook told Reuters the takedowns of more than 500 Facebook […]