Tokyo-based SoftBank announced Ma’s resignation Monday, ahead of releasing financial results. It did not say why he was leaving. Chinese billionaire Jack Ma is stepping down from the board of SoftBank Group Corp., as the Japanese technology company struggles over its risky investments such as office-sharing venture WeWork. Tokyo-based SoftBank […]
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ORLANDO, Florida: Walt Disney will partially reopen its Disney Springs entertainment and shopping complex at Walt Disney World Resort in Florida on May 20, it said late on Saturday (May 16). Disney and unions representing workers at Florida’s Walt Disney World reached an agreement on safeguards to protect employees from […]
LONDON: British Cabinet Office minister Michael Gove said on Sunday (May 17) that there was a post-Brexit trade deal to be done with the European Union providing the bloc compromised its stance, days after both sides said talks were making little progress. The United Kingdom left the EU on Jan […]
ROME: Italy will reopen to European tourists from early June and scrap a 14-day mandatory quarantine period, the government said on Saturday (May 16), as it quickened the exit from the coronavirus lockdown. Prime Minister Giuseppe Conte also said on Saturday that gyms and cinemas would soon be able to […]
“It’s not a policy yet, but we want to make America the most attractive place to do work,” White House National Economic Council Director Larry Kudlow told reporters on Friday, amidst reports that a number of companies are looking to move their manufacturing base out of China. A top economic […]
Japan’s Cabinet Secretariat, the US National Security Council and the US Commerce Department are expected to participate and could hold their first meeting by the end of the year, the Yomiuri said, citing unnamed sources. Japan and the United States will set up a dialogue on economic security that will […]
After closing to the public amid the coronavirus pandemic, an animal park south of Tokyo has reopened as a “drive-though” attraction, allowing local residents to take in the scenery and wildlife from the safety of their cars. Mother Farm, located 70 km south of central Tokyo, suspended its operations in […]
On 5 May, Bharath Gupta, a district collector in southern India, learnt that the sprawling Koyambedu market in Chennai city was being temporarily closed. The reason: several vendors and labourers at the market had tested positive for coronavirus, and were being linked to a spate of cases in Chennai and […]
Sources said youngest daughter Roshni Kapoor said in her statement to the ED that she was just 10 years old when Morgan Credit India Private Limited (MCPL) and Yes Capital India Private Limited (YCPL) were set up in 2003-2004. Yes Bank founder Rana Kapoor’s daughters have told Enforcement Directorate that […]
Germany’s economy shrank by 2.2% in the first three months of this year as the coronavirus pandemic pushed it into recession, official figures indicate. It was the biggest quarterly fall since 2009, when the country was engulfed in the global financial crisis. The figures from the Federal Statistics Office come […]