Germany to start returning Benin Bronzes from 2022
Germany aims to start returning Benin Bronzes to Nigeria next year, its foreign and culture ministries said, part of a growing trend to return cultural artefacts seized during the colonial era to their places of origin. Britain’s soldiers seized thousands of metal castings and sculptures in 1897 during a raid on the Kingdom of Benin, […]
From Amazon to Tata, industry steps up to combat India’s coronavirus crisis
Sachin Ravikumar, Nivedita Bhattacharjee, Chris Thomas Global and Indian firms are flexing their industrial muscle to help the world’s second biggest population battle coronavirus, coming to the rescue of a public health system buckling under the weight of surging infections and deaths. Amazon.com (AMZN.O), Intel (INTC.O) and Google, as well as Indian firms Tata Sons, Reliance Industries (RELI.NS) and JSW […]
India’s coronavirus death toll surpasses 200,000 after record case surge
India’s COVID-19 death toll surged past 200,000 on Wednesday as shortages of oxygen, medical supplies and hospital staff compounded a record number of new cases of the virus.
Explainer: What do Apple’s new iPhone privacy changes mean for consumers and businesses?
Apple Inc (AAPL.O) on Monday will begin rolling out an update of its iOS operating system with new privacy controls designed to limit digital advertisers from tracking iPhone users. For Apple’s more than 1 billion iPhone users, the change will mean a new pop-up notification in some apps seeking their permission to collect data that Apple believes […]
Analysis: As small-cap stocks lag, Wall Street worries about broad slowdown
An historic rally in share prices for smaller U.S. companies has slowed sharply in April after six months of strong gains, leading many investors to worry that the stock market as a whole may have already priced in a strong rebound from the pandemic. “The easy money has been made for small caps and for […]
Wall Street edges higher on Tesla boost ahead of big tech earnings
Wall Street’s main indexes rose on Monday as Tesla shares gained ahead of the electric-car maker’s earnings report, which would kick off this week’s results from heavyweight technology companies. Tesla Inc (TSLA.O) rose 1.1% as analysts expect the company to report a rise in first-quarter revenue when it reports after markets close following record deliveries during the […]
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Canadian Pacific Railway Ltd (CP.TO) on Saturday welcomed the U.S. Surface Transportation Board’s (STB) decision to uphold a 2001 waiver it granted to Kansas City Southern (KSU.N) being applicable to the merger of the two companies. The two companies will proceed with an application under the standards in the STB’s pre-2001 major merger rules, according to a statement by […]
Porsche plans EV battery cells factory in southern Germany
Volkswagen’s (VOWG_p.DE) luxury sports car unit Porsche AG is speeding up its e-mobility drive with plans for a German factory to manufacture battery cells for electric vehicles, its chief executive officer told Frankfurter Allgemeine Sonntagszeitung.
German prosecutors charge more VW managers in emissions scandal
German prosecutors have charged 15 executives from Volkswagen AG (VOWG_p.DE) and a car supplier in connection with the diesel emissions scandal that emerged in 2015, a spokesman for the prosecutor’s office said on Saturday.
Apple to help workers get COVID-19 shots at its offices
Apple Inc (AAPL.O) said on Friday that it is starting a program to help employees get voluntary COVID-19 vaccinations at the iPhone maker’s offices. The company is working with drugstore chain Walgreens Boots Alliance Inc (WBA.O) as its vendor and will open a website for its workers to sign up for appointments, an Apple spokeswoman said. Apple is one […]
