Emirates, Etihad extend temporary salary cuts to September
Gulf carriers Emirates and Etihad Airways are extending the period of reduced pay for their staff until September as they try to preserve cash during the global coronavirus pandemic.
AstraZeneca approached Gilead about potential merger – Bloomberg News
Britain’s AstraZeneca Plc has approached U.S. rival Gilead Sciences Inc about a possible merger that would form one the world’s largest drug companies, Bloomberg News reported on Sunday, citing people familiar with the matter.
Rosneft says no change to dividend policy despite lower state stake
Russia’s largest oil producer Rosneft said on Sunday it planned to maintain a dividend policy of paying out half of its net profit despite the state lowering its stake in the company to below 50%.
AstraZeneca approaches Gilead about potential merger – Bloomberg News
AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc about a potential merger, Bloomberg News reported https://bloom.bg/3h2GU9e on Sunday, citing people familiar with the matter.
HSBC warns it could face reprisals in China if UK bans Huawei equipment: Telegraph
HSBC Holdings Plc Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday.
Volkswagen considering more cost cuts to cope with downturn
Volkswagen <VOWG_p.DE > is considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday.
Exclusive: Malaysia – Even $3 billion not enough to settle 1MDB case with Goldman
Malaysia’s new government would not be willing to accept even compensation of $3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a figure that is far higher than the bank offered last year…
OPEC and allies to agree one-month extension to output cuts
OPEC and its allies led by Russia are “most likely” to agree on a one-month extension to an oil production cuts deal on Saturday, an OPEC delegate said.
‘Am I going to get shot?’ kids ask, as brands try to explain racism and violence to children
For 8 minutes and 46 seconds – the time it took George Floyd, an unarmed black man, to die at the hands of Minneapolis police – cable TV kids channel Nickelodeon’s screen went black on Tuesday to sounds of inhaling and exhaling, as white text flashed “…
Facebook’s Zuckerberg promises a review of content policies after backlash
Facebook CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President Donald Trump during recent demonstrations protesting the death of an unarmed black man while in polic…
