Business – Page 28

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George Floyd death: Clashes across US as protesters demand justice

Protesters have clashed with police in cities across the US over the killing of an unarmed African-American man at the hands of officers in Minneapolis. Hundreds of people rallied outside the White House, which was briefly put under lockdown on Friday, demanding justice over the death of George Floyd. Demonstrations have been taking place in […]

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Coronavirus: Trump terminates US relationship with WHO

US President Donald Trump has announced that he is terminating the country’s relationship with the World Health Organization (WHO). The president has accused the WHO of failing to hold Beijing to account over the coronavirus pandemic. “China has total control over the World Health Organization,” the president said while announcing measures aimed at punishing Beijing. […]

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Exclusive: Oil marketing firm Eighty-Eight oil declares force majeure –

Oil MarketingDevika Krishna Kumar NEW YORK (Reuters) – U.S. crude marketing company Eighty-Eight Oil LLC has declared force majeure after oil producers across the Rockies and North Dakota shut production as the coronavirus eroded demand and sent prices plunging, four sources familiar with the matter said. The company declared force majeure after producers selling oil […]

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Some options open to Trump in response to Hong Kong

(Reuters) – China’s parliament is moving forward with national security legislation on Hong Kong after mass protests last year, raising fears the territory will lose the autonomy that enabled it to remain a global financial center after British rule ended in 1997. U.S. President Donald Trump has vowed a strong response and said he will […]

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Indian economy slows in March quarter, with worst to come

Manoj Kumar NEW DELHI (Reuters) – India’s economy grew at 3.1% in the January-March quarter, its slowest pace in at least eight years, and the situation is expected to worsen rapidly, putting pressure on the government and central bank for additional stimulus and a rate cut. Mumbai’s financial district skyline is pictured during a nationwide […]

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SpiceJet to run drone trials for cargo deliveries

BENGALURU (Reuters) – Budget airline SpiceJet Ltd said on Friday it received permission to conduct drone trials that will allow it to deliver medical supplies and e-commerce products as a months-long lockdown has thrown supply chains in the country into disarray. Earlier this month, the Directorate General of Civil Aviation (DGCA) granted here exemptions to 13 […]

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Covid-19 plunges Indians’ study abroad dreams into turmoil

By Nikita MandhaniBBC News Delhi Image copyrightGETTY IMAGESImage captionInternational students are uncertain of the future in the wake of Covid-19 Two years ago, 29-year-old Raunaq Singh started working towards his dream of pursuing an MBA from one of the world’s top business schools. In January 2020, he was waitlisted by UC Berkeley’s Haas School of […]

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Twitter hides Trump tweet for ‘glorifying violence’

Image copyrightGETTY IMAGES Twitter has hidden one of President Donald Trump’s tweets from his profile, saying it violates rules about glorifying violence. But instead of being deleted, it has been replaced with a warning and can be viewed by clicking on it. The warning says “Twitter has determined that it may be in the public’s […]

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UK could offer ‘path to citizenship’ for Hong Kong’s British

Hong Kong anti-government protests Image copyrightAFPImage captionBeijing’s proposed security law has sparked protests in Hong Kong The UK could offer British National (Overseas) passport holders in Hong Kong a path to UK citizenship if China does not suspend plans for a security law in the territory, UK Foreign Secretary Dominic Raab says. It comes after […]

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Trump Signs Social Media Executive Order

The president acted against social media companies after Twitter attached a fact-check label to two of his baseless claims. By Nick Visser, HuffPost US President Donald Trumpsigned an executive order Thursday that could weaken legal protections for social media companies, days after Twitter labeled two of his misleading missives with a fact-check addendum. The move, which may expose […]

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