Ohio Attorney General Dave Yost said Tuesday that General Motors Co should repay US$60 million in state tax credits after it closed its Lordstown Assembly plant in March 2019.
Airbus on Tuesday unveiled plans to shed around 15,000 jobs including 900 already earmarked in Germany, saying its future was at stake after the coronavirus pandemic rocked the air travel industry.
The European Commission on Tuesday took another step towards accelerating up the rollout of high speed 5G across the European Union by adopting rules for small antennas, which are key to expanding data capacity and coverage.
General Motors Co said on Tuesday its highly profitable SUV assembly plant in Arlington, Texas, remains open despite a request by union leaders to close the plant given the spiking rate of COVID-19 infections in the wider community.
MANILA: The Philippines' top broadcaster ABS-CBN Corp was ordered to stop transmitting satellite and digital television on Tuesday (Jun 30), just weeks after its free TV and radio operations were halted, adding to worries over press freedom. The 66-year-old broadcaster had been at odds with ...
KARACHI: Regulators have barred Pakistan International Airlines from the European Union for six months after the state-run carrier grounded nearly a third of its pilots for holding fake or dubious licences, officials said on Tuesday (Jun 30). The European Union Aviation Safety Agency (EASA) told ...
Indian startups with Chinese funding and Chinese smartphone makers are actively touting their Indian-ness to users as they seek to address a growing wave of nationalism following a deadly border clash between the two countries earlier this month.
WASHINGTON, DC: US consumer confidence grew more than expected in June, strengthening views that the economic downturn was likely over, though rising COVID-19 infections threatened to derail the budding recovery. The Conference Board said on Tuesday (Jun 30) its consumer confidence index rose to a ...
The U.S. economy is showing signs of a turnaround as businesses reopen, but the pace of the recovery is being slowed by large-scale outbreaks in some states and it could be years before the economy is back at full strength, New York Federal Reserve Bank President John Williams said...
LOS GATOS, California: Netflix will allocate 2 per cent, or about US$100 million, of its cash holdings to financial institutions and organizations that directly support African American communities in the United States, the streaming giant said on Tuesday. The company said in a blog post it will ...
