Tag: Business
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Analysis:Britain’s Paramount-Warner review may be aimed at commitments, not a veto
LONDON, July 2 : Britain’s threat to intervene in the $110 billion Paramount-Warner deal could be less about blocking the transaction than extracting commitments on UK news, children’s TV and investment, with the cost of any delay increasing the government’s leverage.Culture minister Lisa Nandy said on Tuesda
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Cathay Pacific says to resume Middle East passenger services from September
BEIJING, July 2 : Hong Kong airline Cathay Pacific will resume its Middle East passenger flights starting from September, the carrier said on Thursday in a statement.• It said daily passenger flights to Dubai and four times weekly passenger flights to Riyadh will resume from September 1, and these flights a
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Cathay Pacific to resume Middle East flights
HONG KONG: Hong Kong’s flagship airline Cathay Pacific announced on Thursday (Jul 2) that it will resume flights to the Middle East, as the United States and Iran signal that efforts to end the war remain viable.
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Automakers tap America’s 250th, World Cup to rev up patriotism
DETROIT, July 2 : U.S. automakers have long infused their marketing campaigns with American pride and imagery. But this summer’s combination of the nation’s 250th birthday and World Cup matches taking place on U.S. soil has them going full George Washington. A promotion from Jeep-maker Stellantis vow
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The jobs report, Meta’s rally, Trump Accounts and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stocks making the biggest moves premarket: Sandisk, Robinhood, Palantir & more
These are the stocks posting the largest moves premarket.
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Ford CEO wants level playing field with Toyota, GM imports as USMCA trade talks reopen
Ford reports it assembled more than 2 million vehicles in the U.S. last year – more than any other auto manufacturer, including 311,000 units for export.
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UK’s Currys warns memory chip shortage will push up prices
LONDON, July 2 : Higher prices for smartphones, laptops and other electronics are inevitable later this year due to a global memory chip shortage, the boss of Currys, Britain’s biggest consumer electricals retailer, warned on Thursday.Chief Executive Alex Baldock said AI and data centres were eating up the wo
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Oil falls for a third straight day after US, Iran conclude talks in Doha
July 2 : Oil prices fell for a third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.Brent futures were 66 cents or 0.92 per cent lower at $70.91 a barrel at 0758 GMT, while U.S. West…
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SK Hynix to spend $64 billion on memory chip plants under broader AI investment plan
SEOUL, July 2 : SK Hynix said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as part of a massive South Korean investment drive aimed at spreading returns from the AI boom beyond Seoul. The projects in the central city of Cheongju outlined on…
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