AMC gives up gains after quarterly results, film release deal
AMC Entertainment Holdings Inc (AMC.N) shares reversed course to trade down 5.7% on Tuesday a day after it posted better-than-expected quarterly results and a deal with Warner Bros for an exclusive movie release period for cinemas.
eCom Scotland searches for an elusive milestone
Products from the digital learning and assessment specialist, eCom Scotland, are now being used in 190 countries around the world. So, the search is on to add, as eCom customers, those few countries where eCom’s eNetSuite of products are not in use.
Pandemic spurs flight of top earners from debt-laden South Africa
Cape Town restaurateur Adrian Hochman watched over the years as friends packed up and emigrated, but rationalised that power cuts, the threat of crime and an uncertain future were simply part of doing business in South Africa.
S.Korea’s Krafton, maker of hit game ‘PUBG’, tumbles on debut
Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game “PlayerUnknown’s Battlegrounds” (PUBG), fell as much as 20% on their trading debut on Tuesday.
Australia lowers bar on public companies’ disclosures, extends virtual AGMs
Australia on Tuesday eased so-called continuous disclosure laws for publicly listed companies, which will now protect companies and their officers against liabilities for misleading and deceptive statements or forecasts unless “fault” is proven.
StanChart CEO says companies must act on climate change, can’t bank on governments
Companies should not rely on governments to reach agreement at a global summit on climate change this year, but rather take more action themselves, Standard Chartered (STAN.L) CEO Bill Winters said on Tuesday.
Oil rises as market shrugs off virus impact
Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as rise of demand in Europe and the United States outweighed concerns over a rise of COVID cases in Asian countries.
Reliance joins Bill Gates, others to invest $144 mln in U.S. energy storage co
Indian oil-to-telecoms conglomerate Reliance Industries Ltd (RELI.NS) said on Tuesday it would invest $144 million in U.S. energy storage company Ambri Inc, along with billionaire Bill Gates, investment management firm Paulson & Co and others.
WeWork rival IWG ‘cautiously optimistic’ on year after H1 losses widen
Office rental firm IWG Plc (IWG.L) said on Tuesday it was cautiously optimistic about the rest of the fiscal year despite posting a bigger half-year loss, even as a resurgence in global COVID-19 cases and renewed lockdowns in some markets threaten the pace of recovery.
Delivery Hero to expand in Germany after Berlin return
Delivery Hero (DHER.DE) said on Tuesday it would roll out its food and grocery delivery services in more German cities this autumn, heating up competition in the home market it quit three years ago to focus on Asia.
