Toshiba: Plan to monetise Kioxio stake, return majority proceeds to shareholders
TOKYO (Reuters) – Japan’s Toshiba Corp said on Monday it planned to monetise its 40
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Wirecard’s missing money didn’t enter Philippine financial system, central bank says
MANILA (Reuters) – None of the $2.1 billion missing from scandal-hit German payments firm Wirecard AG appears to have entered the Philippine financial system, the central bank said on Sunday. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said in a…
Huawei to receive planning permission to build 400-million-pound facility in UK: The Times
(Reuters) – Chinese telecoms equipment maker Huawei Technologies Co Ltd is expected to receive planning permission this week to build a 400
Wirecard’s missing $2.1 billion didn’t enter Philippine financial system, central bank says
MANILA (Reuters) – None of the $2.1 billion missing from scandal-hit German payments firm Wirecard AG appears to have entered the Philippine financial system, the central bank said on Sunday. Bangko Sentral ng Pilipinas Governor Benjamin Diokno said in a…
Russia’s Sbermarket braces for e-grocery boom
MOSCOW (Reuters) – Russian e-commerce company Sbermarket is expecting at least 11-fold growth in its 2020 sales versus last year, as the COVID-19 pandemic triggers a surge in online retail it predicts is the start of permanent change. Sbermarket, controlled…
Snapchat removes Juneteenth photo filter after backlash
(Reuters) – Snapchat took down a “Juneteenth”-themed filter and apologized to users for the lens, which drew criticism for being insensitive, the photo messaging app’s parent Snap Inc said on Friday. The filter used Pan-African flag as a backdrop and…
EU Commission seeks feedback to extending rules ending roaming fees
BRUSSELS (Reuters) – The European Commission on Friday sought feedback to its planned extension of rules which ended mobile roaming charges across the bloc three years ago, with the move likely to trigger battles between telecoms operators on wholesale price…
Elon Musk tweets Tesla postpones annual shareholder meeting
(Reuters) – Elon Musk tweeted bit.ly/2AVPdDo late on Friday that Tesla Inc will have to postpone its annual shareholder meeting as no large gatherings are allowed by July 7. “Not sure of new date, but am guessing maybe a month…
Deutsche Telekom to keep grip on T-Mobile in chase for U.S. top spot
BERLIN (Reuters) – Deutsche Telekom (DTEGn.DE) will retain control of T-Mobile (TMUS.O) should Japan’s Softbank (9984.T) liquidate its stake, CEO Tim Hoettges said on Friday as he vowed to claim top spot in the U.S. market. Speaking at the German…
Exclusive: Amazon signals entry into alcohol delivery in India with nod in key state – document
NEW DELHI (Reuters) – Amazon.com Inc (AMZN.O) has secured clearance to deliver alcohol in India’s eastern state of West Bengal, according to a document seen by Reuters, signalling the U.S. e-commerce giant’s first foray into the country’s multi-billion-dollar sector. In a notice on…