Ford will defer some quarterly payments on US Energy Department loan

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Ford Motor Co said on Friday it had won approval to defer some quarterly payments due on its U.S. Energy Department retooling loan but added...

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News

TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai: Source

July 31, 2020July 31, 2020

[caption id="attachment_8312" align="alignnone" width="948"] FILE PHOTO: The logo of Bytedance, the China-based company which owns the short video app TikTok, or Douyin, is seen at...

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News world

Russia pledges reciprocal steps after EU sanctions for alleged cyberattacks

July 31, 2020July 31, 2020

[caption id="attachment_8291" align="alignnone" width="969"] FILE PHOTO: A view shows a tower of the Kremlin (right) and the Foreign Ministry headquarters (back) in Moscow, Russia on...

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Business News

‘Payment sent’: Travel giant CWT pays US$4.5m ransom to cyber criminals

July 31, 2020July 31, 2020

[caption id="attachment_8318" align="alignnone" width="973"] FILE PHOTO: A projection of cyber code on a hooded man is pictured in this illustration picture taken on May 13,...

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Business News

US consumer spending rises for second straight month, income drops further

July 31, 2020July 31, 2020

[caption id="attachment_8303" align="alignnone" width="962"] FILE PHOTO: Shoppers are seen outside a retail store as the phase one reopening of New York City continues during the...

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Daily News News

Teenagers sentenced to 42 years in jail for killing British policeman

July 31, 2020July 31, 2020

[caption id="attachment_8294" align="alignnone" width="978"] File photo of a gavel. [/caption] LONDON: Three British teenagers were sentenced to a combined 42 years in jail by a...

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Business News

Alstom gains EU okay to acquire Bombardier’s rail business

July 31, 2020July 31, 2020

France's Alstom SA clinched EU antitrust approval on Friday to acquire Canadian rival Bombardier Inc's rail business in a deal that will elevate it to...

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Healthcare News

France swelters under heatwave, putting firefighters on alert

July 31, 2020July 31, 2020

[caption id="attachment_8280" align="alignnone" width="965"] A dead fish in the dry Doubs river in eastern France AFP/SEBASTIEN BOZON [/caption] PARIS: Intense heat spread across much of...

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Business News

SAP, Deutsche Telekom to build corona app gateway for European Commission

July 31, 2020July 31, 2020

The European Commission said on Friday it had signed a contract for SAP and Deutsche Telekom to build a software platform that would enable coronavirus...

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Healthcare News

South Africa produces its first ventilators to fight COVID-19

July 31, 2020July 31, 2020

[caption id="attachment_8297" align="alignnone" width="966"] FILE PHOTO: A health worker walks between beds at a temporary field hospital set up by Medecins Sans Frontieres (MSF) during...