Thursday, 28 May 2020

U.S.-China tension to push Asian shares lower in choppy trade

Asian shares were set to dip in choppy trade on Friday as worries about worsening U.S.-China ties offset the fillip from hopes massive government stimulus can jump-start the world economy.


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Exclusive: Argentina says new debt revamp proposal in right direction, still falls short

Argentina's economy minister said on Friday that a newly received debt restructuring proposal from two creditor groups was a step in the right direction, but still fell short of what the country needed to strike a deal.


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California regulator approves PG&E's Chapter 11 reorganization plan

Power regulator California Public Utilities Commission (CPUC) has approved PG&E Corp's Chapter 11 reorganization plan, the San Francisco-based utility company said on Thursday.


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Sainsbury's new boss Roberts faces unexpected in-tray

When Sainsbury's new boss Simon Roberts hosts a virtual focus group with supermarket shoppers on his first day in charge on Monday, the conversation will be radically different from the one he might have imagined when he got the job.


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Costco profit falls on coronavirus-related costs

Costco Wholesale Corp reported a 7.5% fall in quarterly profit on Thursday, as it spent more on wages and sanitizing its warehouse clubs and halted sales of some high-margin products due to the COVID-19 pandemic.


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The Papers: 'Happy Monday' on the way and 'football's coming home'

Eased lockdown restrictions dominate Friday's newspapers - while Dominic Cummings remains in the spotlight.

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Trump signs executive order targeting Twitter after fact-checking row

The US president's move follows a decision by Twitter to add a "fact-check" notice to his tweets.

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Coronavirus: How the advertising industry is changing

A large decline in advertising expenditure is hurting the sector, plus TV channels and newspapers.

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The man who filmed his encounter with a woman in Central Park says her actions were 'definitely racist,' but he's asking people to stop making death threats against her

The man who filmed his encounter with a woman in Central Park says her actions were 'definitely racist,' but he's asking people to stop making death threats against herChristian Cooper told CNN that he thinks Amy Cooper's apology is sincere, and has asked people to stop making death threats toward her.




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Meng Wanzhou: Huawei executive suffers US extradition blow

Meng Wanzhou: Huawei executive suffers US extradition blowA Canadian court has ruled that the extradition hearing of Meng Wanzhou can continue.




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