Expedia Inc posted a bigger-than-expected quarterly loss and suspended quarterly dividends on Wednesday, as the COVID-19 pandemic decimated travel demand and hit bookings at the online agent.
Forbes | Susan Galer | May 19, 2020 Timelines for the emergence of quantum computers may be fuzzy, but the threat they pose to the vaunted security of blockchain technology is profoundly real. Originally popular as fail-safe security for bitcoin enthusiasts, blockchain is making inroads across numerous industries, most notably as a track and trace
Mastercard Inc will not ask staff to return to its worldwide corporate offices until a vaccine is available for the sometimes fatal coronavirus that has infected the globe, a senior executive told Reuters on Wednesday.
Forbes | Cory Johnson | May 19, 2020 XRP-powered Coil could put crypto transactions into the hands of tens of millions with WordPress deal. But will it take? The excitement over how much blockchain could do has always been outmatched by what little blockchain does do. But that may finally be changing. Today, the San
Asian shares were poised to open higher on Thursday after global equities and crude prices rallied overnight on hopes of a rapid economic recovery and government support.
Airline Lufthansa said on Thursday it is in advanced talks with the German government's economic stabilisation fund over a rescue deal worth up to 9 billion euros ($9.88 billion), including the state taking a 20% stake in the company.
Mastercard Inc will not ask staff to return to its worldwide corporate offices until a vaccine is available for the sometimes fatal coronavirus that has infected the globe, a senior executive told Reuters on Wednesday.
Online travel booking company Expedia Group Inc on Wednesday pointed to demand recovering in May as cancellation rates stabilize, overshadowing a bigger-than-expected quarterly loss and sending its shares up nearly 4%.
Gilead Sciences Inc and partner Galapagos NV said on Wednesday only a higher dose of their experimental drug filgotinib showed greater effectiveness than placebo in a pivotal study testing it in ulcerative colitis patients.
Mastercard Inc will not ask employees to return to its worldwide corporate offices until they are comfortable that the sometimes fatal coronavirus is under control with vaccines or other measures, a senior executive told Reuters on Wednesday.
Nissan Motor Co said on Thursday it still reserves the right to take further legal measures in the case of its ousted former Chairman Carlos Ghosn, after the United States arrested two men on charges they enabled his escape from Japan.
Oil prices edged higher on Thursday after data showed U.S. crude inventories fell again, easing concern about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains.
Canada Goose Holdings Inc has laid off about 250 workers, as the COVID-19 pandemic saps demand for the company's luxury parkas, the Wall Street Journal reported on Wednesday.
Japan is closely communicating with relevant U.S. authorities following the U.S. arrest of two men on charges they enabled former Nissan Motor Co chairman Carlos Ghosn to escape from Japan last year, a Japanese government source said on Thursday.
Retailer Canada Goose Holdings Inc said on Wednesday it has laid off 125 workers, about 2.5% of its global workforce, as part of steps to cope with the impact of COVID-19 on its business.