Reliance in $870 million General Atlantic deal as Jio Platforms funding tops $8 billion
India’s Reliance Industries on Sunday announced U.S. fund General Atlantic will invest 65.98 billion rupees ($870 million) in Jio Platforms, a fourth deal that takes...
Pelosi sees negotiations on new $3 trillion coronavirus legislation: CBS
U.S. House Speaker Nancy Pelosi said on Sunday there will be negotiations on the new $3 trillion coronavirus relief legislation passed by the Democratic-controlled House...
Emirates Group planning to cut about 30,000 jobs amid virus outbreak: Bloomberg News
Emirates Group plans to cut about 30,000 jobs to reduce costs amid the coronavirus outbreak, reducing employees by about 30% from more than 105,000 at...
Reliance says General Atlantic to invest $870 million in Jio Platforms
Indian conglomerate Reliance Industries said on Sunday U.S. fund General Atlantic will buy 1.34% of its Jio Platforms digital unit for 65.98 billion rupees ($870...
India’s Reliance says General Atlantic to invest $870 million in digital unit
Indian conglomerate Reliance Industries said on Sunday equity firm General Atlantic will buy 1.34% of its digital unit for 65.98 billion rupees ($870.25 million)....
U.S. expected to revise PPP aid program for small businesses: WSJ
The United States is expected to revise its aid program for small businesses to cope with the economic fallout of the coronavirus outbreak, the Wall...
Temporary layoff schemes no cure-all in slow COVID recovery
Temporary unemployment schemes operating across Europe could struggle to save the jobs of leisure and travel sector workers facing drawn-out or partial recoveries from the...
A month after negative oil prices, U.S. crude contract expiry looms
A month after sellers had to pay nearly $40 a barrel to get rid of U.S. oil futures, the next watershed moment looms with the...
UK’s Gove says EU trade deal can be done despite talks stalemate
British Cabinet Office minister Michael Gove said on Sunday that there was a post-Brexit trade deal to be done with the European Union providing the...
Disney says it will reopen shopping area at Florida resort on Wednesday
Walt Disney Co will partially reopen its Disney Springs entertainment and shopping complex at Walt Disney World Resort in Florida on May 20, it said...