Category: Business

Nikola short sellers may be forced to buy due to fees and losses The company is the sixth largest short in the auto manufacturing industry June mark-to-market losses for auto … Read More

Emergency health measures implemented in six major countries have “significantly and substantially slowed” the spread of the novel coronavirus, according to a new research. The study, led by the University … Read More

Deliveroo and the bosses of major chains including Pizza Hut, Pret a Manger, Itsu and Wagamama have asked the prime minister for urgent support to prevent mass closures, as physical … Read More

New York (CNN Business)Walmart is partnering with ecommerce platform Shopify to expand its third-party online marketplace as it takes on Amazon (AMZN). Walmart said it expects to add 1,200 Shopify … Read More

Steel, cement, aluminum, fertilisers, tractors, two-wheelers, beverages and carbonated drinks, tyres and FMCG could see demand back to near normal levels by the third or the fourth quarter of the … Read More

Volkswagen AG is standing by its goal of posting an operating profit this year even as the collapse in car demand from the coronavirus pandemic hits its second-quarter performance. The … Read More

Quibi CEO: Have enough content to last through November Quibi CEO and former HP CEO Meg Whitman on the new platform, which creates short, mobile-friendly content and how coronavirus has … Read More

State Bank of India is seeking to recover two guarantees furnished by the former billionaire Anil Ambani, which according to a news report are worth more than $158 million. The … Read More

SBI is expected to mop up almost $202 million via the share sale. The country’s largest lender State Bank of India (SBI) will pare 2.1 per cent of its stake … Read More

The office of Georgia Gov. Brian Kemp said today that “the major motion picture, television, and streaming companies plan to bring back and hire an estimated 40,000 production workers, who … Read More