Israeli private tech firms raised $2.5 billion in second quarter
Israeli private high-tech companies raised $2.5 billion in the second quarter of 2020, overcoming the coronavirus pandemic with a rise from $2.2 billion a year...
International
U.N. chief says foreign meddling in Libya conflict at ‘unprecedented levels’
United Nations Secretary-General Antonio Guterres warned the Security Council on Wednesday that the conflict in Libya has entered a new phase with “unprecedented levels” of...
U.S. probing allegations TikTok violated children’s privacy
The Federal Trade Commission and the U.S. Justice Department are looking into allegations that popular app TikTok failed to live up to a 2019 agreement...
TikTok says it will exit Hong Kong market within days
TikTok will exit the Hong Kong market within days, a spokesman told Reuters late on Monday, as other technology companies including Facebook Inc have suspended...
Uber to buy Postmates in $2.65 billion stock deal, expands food-delivery reach
Uber Technologies Inc on Monday offered to buy Postmates Inc in a $2.65 billion all-stock deal, looking to expand its reach in the food-delivery services...
24,000 UK retail jobs lost this year
More than 24,000 jobs have already been lost at high street retailers in administration in the first half of 2020 after the coronavirus lockdown sparked...
Hollywood loses $10 billion, and is still locked down
Soap opera “The Bold and the Beautiful” is back, and new episodes will soon be on the air (and we hope that Flo isn’t carrying...
European stocks are on the comeback trail
For some years now, institutional investors have been ‘bla’ about European stocks. Not bad, not great… …But no longer. And that means it’s time to...
How Moderna execs are cashing in on COVID-19 vaccine stock speculation
Biotech firm Moderna Inc could reap tens of billions of dollars in sales and stock appreciation if it wins the race for a COVID-19 vaccine....
Pump or dump? With oil in decline, Africa ponders its energy future
As the COVID-19 pandemic bashes economies and demand for oil, many African nations dependent on exporting fossil fuels are “haemorrhaging” cash, African energy experts warned...
Sir Richard Branson scrambles to save Virgin empire
Sir Richard Branson is scrambling to save his company Virgin’s empire. The Virgin Group operates in travel, telecoms, media, music, financial services, health and space...
End of lockdown fails to boost jobs market in Spain
The end of the coronavirus lockdown in Spain failed to bring a surge in employment as government data showed that the 900,000 jobs lost at the peak...
Profit at UK fast fashion chain Primark to drop by two thirds, owner says
Trading in the reopened stores of the British fast fashion chain Primark has been encouraging but the prolonged lockdown means the retailer’s full-year profit is...
Asian stocks rise on vaccine hopes, eyes on U.S. payrolls
Asian stocks tracked Wall Street higher on Thursday although sentiment was cautious ahead of U.S. employment data while copper prices jumped to more than six-month...
Countries recovering most rapidly from the pandemic
New Zealand tops the charts as the country with the highest rate of recovery in the world, thanks to that country’s careful handling of the...
Dutch sex workers go back to work — no kissing allowed
Dutch sex workers welcomed customers back on Wednesday as the Netherlands further eased coronavirus measures, but they were advised to avoid heavy breathing and kissing...
Facebook frustrates advertisers as boycott over hate speech kicks off
Advertisements for more than 400 brands including Coca-Cola and Starbucks are due to vanish from Facebook on Wednesday, after the failure of last-ditch talks to stop a...
Wirecard is up for sale
Wirecard is up for sale. Wirecard’s administrator said he has received strong inbound interest for the payment firm’s assets and will shortly mandate banks for...
New North American trade deal launches under growing threat of disputes
The revamped trade pact between the United States, Canada and Mexico taking effect on Wednesday was meant to create a kind of fortress North America,...
Spain to become coal-free country, because it saves money
Spain is to close all of its coal-fed power plants within the next few years. Not for environmental reasons however. The remaining 15 coal mines...
