FORT LAUDERDALE, Florida: A federal judge has dismissed a lawsuit accusing Burger King of deceiving vegan, vegetarian and other customers into thinking it cooked the plant-based patties for its “Impossible Whopper” on different grills than those used to cook beef and chicken. In a decision on Monday (Jul 20), US […]
Business
Logitech International reported a more than 75per cent increase in non-GAAP operating income in its first quarter as rise in homeworking boosted demand for its webcams, video conferencing products and headsets during the coronavirus lockdowns. REUTERS: Logitech International reported a more than 75per cent increase in non-GAAP operating income in […]
Oil prices were little changed on Tuesday, trapped in the narrow trading band of the past three weeks as investors gauged hopes for a recovery in oil demand against fears of new lockdowns due to a growing number of coronavirus cases. TOKYO: Oil prices were little changed on Tuesday, trapped […]
LOS ANGELES: The reigning World Series champion Washington Nationals announced on Monday (Jul 20) that top infectious disease specialist Anthony Fauci will throw out the first pitch on Major League Baseball’s opening day. Fauci accepted the invitation by the club to be part of the festivities surrounding Washington’s first game […]
WASHINGTON: ABC News, a Walt Disney Co unit, said senior executive Barbara Fedida is leaving the company after an independent investigation alleged she had made racially insensitive comments and used inappropriate language, according to an email. Fedida also managed in a rough manner and would not return to ABC, Disney […]
HOUSTON: Chevron said on Monday (Jul 20) it would buy oil and gas producer Noble Energy for about US$5 billion in stock, the first big energy deal since the coronavirus crisis crushed global fuel demand and sent crude prices to historic lows. The oil price crash has decimated shares of […]
WASHINGTON: The US Commerce Department on Monday (Jul 20) added to its economic blacklist 11 Chinese companies implicated in what it called human rights violations in connection with China’s treatment of Uighurs in Xinjiang. The department said the companies were involved in using forced labor by Uighurs and other Muslim […]
FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 6, 2019. BRUSSELS: European Union leaders appeared close to agreement on a massive stimulus plan for their coronavirus-blighted economies late on Monday (Jul 20) after the chairman of their fractious four-day summit presented a […]
CHICAGO: Southwest Airlines told employees on Monday (Jul 20) that 16,895 of its roughly 60,900 workforce have volunteered for long-term separation or early retirement deals, according to a message from Chief Executive Gary Kelly that was shared with Reuters. US airlines, which received a US$25 billion bailout in March to […]
The first quarter domestic unemployment data for this year is the tip of the iceberg since the circuit breaker restrictions only kicked in from April to May 2020, says OCBC economist Selena Ling. SINGAPORE: The worst may be over for Singapore’s GDP growth, but the business climate and the domestic […]