South Korean court to review prosecution's arrest warrant request for Samsung heir
A South Korean court said on Thursday it will review the prosecution's request for an arrest warrant for Samsung Electronics vice chairman Jay Y. Lee.
A South Korean court said on Thursday it will review the prosecution's request for an arrest warrant for Samsung Electronics vice chairman Jay Y. Lee.
U.S. senators will announce a bill this week expanding sanctions on Russia's Gazprom-led Nord Stream 2 project, Senate aides said, targeting a pipeline Washington says will make Europe too reliant on Russian gas.
Senior British politicians criticised HSBC and Standard Chartered on Thursday after the banks backed China's national security law for Hong Kong, in conflict with the British government's opposition to the proposed legislation.
Under pressure from its European peers for years to spend more, Germany has finally served up a bumper stimulus package financed with new debt, but Berlin's rediscovered love to splurge is causing fresh unease among its neighbours.
Employees at Tata Steel's Dutch plant in IJmuiden on Thursday voted to go on strike over planned job cuts and the plant's further integration with Tata's British operations, labour union FNV said.
General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com Inc and United Parcel Service Inc, five people familiar with the plans told Reuters.
The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its survival, prompting him to urge unions to engage over 12,000 job cuts.
Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel , three sources with knowledge of the matter told Reuters, underscoring the growing attraction of India's digital economy for U.S. tech giants.
Germany's coronavirus recovery stimulus package contains measures to boost low emission cars and electric vehicle charging infrastructure.
U.S. stock index futures slipped on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam, with investors awaiting a reading on weekly jobless claims.
The U.S. Department of Justice approved Charles Schwab's acquisition of TD Ameritrade, sources told CNBC's David Faber.
U.S. stock indexes were set to open lower on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam even with weekly jobless claims dipping below 2 million for the first time since mid-March.
World markets got another shot of energy on Thursday as the European Central Bank (ECB) ramped up its Pandemic Emergency Purchase Programme (PEPP) to 1.35 trillion euros.
Citigroup Inc said on Thursday it is forming a new strategic advisory group within its investment bank.
Virgin Atlantic said on Thursday it would restart some flights that have been grounded by the COVID-19 pandemic on July 20 and aimed to restore further services in August.