Monsoon rains forecast to arrive on India’s southern coast around June 1
Monsoon rains are likely to enter India through the southern coast around June 1, the state-run weather office said on Thursday, marking the start of...
Exclusive: UK retailer Debenhams cuts ‘hundreds’ of head office staff – sources
British department store group Debenhams has cut “hundreds” of head office jobs as it slims down its administrative functions to support a smaller business in...
Afghan government says ceasefire still in place even as skirmishes with Taliban resume
Skirmishes between Taliban fighters and Afghan security forces recommenced in Afghanistan in the day since a three-day ceasefire expired, but government officials said on Thursday...
China’s Nio quarterly revenue misses estimates on COVID-19 hit
Nio Inc on Thursday reported quarterly revenue below Wall Street estimates as the cash-strapped Chinese electric vehicle (EV) maker sold fewer vehicles amid the COVID-19...
WHO official: Spike in European deaths since March linked to COVID-19
About 159,000 more people in 24 European countries have died since early March than would have ordinarily been expected, a World Health Organization official said...
S&P futures tread water as Sino-U.S. tensions weigh
Futures contracts for the S&P 500 were largely flat on Thursday as investors weighed hopes of an economic recovery against underlying tensions between the United...
Exclusive: GSK says science does not link pandemic H1N1 flu vaccine to sleep disorder
British drugmaker GSK said on Thursday that its previous flu pandemic vaccine, which used some of the same ingredients as COVID-19 vaccines currently under development,...
U.S. states, cities may snub Fed lending program over high rates
High borrowing costs will limit participation in a $500 billion U.S. Federal Reserve short-term borrowing program set up to address state and city revenue shortfalls...
China’s Nio posts quarterly revenue below estimates
Nio Inc reported quarterly revenue below Wall Street estimates on Thursday as the cash-strapped Chinese electric vehicle (EV) maker reeled under the impact of the...
Payments startup Marqeta raises $150 million, hits $4.3 billion valuation
Payment card issuing startup Marqeta has raised $150 million from a U.S. institutional investor, doubling its valuation to $4.3 billion, the company said on Thursday....