- Reuters Business
Followers2MFollowing243Tweets224K - Hong Kong’s Cathay Pacific Airways said it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic https://t.co/qZMZVeGvdD043
- From @Breakingviews: If he becomes president, Democratic nominee Joe Biden’s tax proposal is going to take from the rich, but his bigger challenge would be to show how it’s going to give to the rest, says @johnsfoley. Read more https://t.co/4AQ5Ncihro https://t.co/eSSyhPIaZC304
- World trade rebounding slowly, outlook uncertain - U.N. report https://t.co/nwQkMh2uSJ https://t.co/Po7aoGyz55
017 - The FTSE 100 fell in a choppy trading session, as investors weighed a rise in inflation and prospects of more coronavirus restrictions in England https://t.co/oeyeJQ9TpB053
- The Nasdaq snapped a five-day losing streak as all three major indexes on Wall Street rallied on optimism that U.S. lawmakers are nearing an agreement on a stimulus package. Read more https://t.co/z2J8WCZXB4 https://t.co/PH7UFkZhFk014
- EU's Michel says UK has a choice to make on Brexit https://t.co/kU2JciKrTw https://t.co/PDoapxdADt
449 - Cathay Pacific Airways is slashing 5,900 jobs and ending its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic https://t.co/xOtfxMz4y9 https://t.co/E81WIiTPFT01210
- In the biggest government action against Silicon Valley in a generation, the U.S. sued Google, accusing the $1 trillion company of illegally using its market muscle to hobble rivals. More here: https://t.co/0Uh0E8Xroe $GOOGL https://t.co/GC3AaAYzKW0813
- Work-from-home culture has boosted business for Logitech as people buy its computer keyboards, mice and webcams to create makeshift offices at home. More here: https://t.co/byYJBvSfmU https://t.co/flkTwhfviB225
- Analysis: Rating agency scrutiny raises stakes for U.S. election process https://t.co/etYEeu1cJH https://t.co/t8BKPHdaJB
003 - Netflix missed expectations for paid subscriber growth in the third quarter, sending shares tumbling. More here: https://t.co/wh5RhmxYRR https://t.co/ZEiz6soCbf1311
- BOJ member says swift action needed if COVID-19 delays economic recovery https://t.co/1NWWEXlgrM https://t.co/eHsAfEvgKe
116 - UK borrowing exceeds forecasts, debt highest since 1960 https://t.co/rOCxrhBnct https://t.co/r8jnX8jF2r
31116 - Nestle raises guidance after third-quarter sales beat expectations https://t.co/6rNZ9ER2fY https://t.co/3yFf1BeeVI
1816 - Cathay Pacific will cut 8,500 jobs and ditch its Cathay Dragon brand. That's less aggressive than some other carriers, and cuts will only slow the cash burn rate to around HK$1.5 bln per month. More savings will have to be found. @sharonlamhk https://t.co/UMsQikaLK5 https://t.co/4ZgaRio1TI
21413 - Snap reveals Facebook’s fallibility: the disappearing-message app's smaller size shows cracks harder to see in Facebook, says @GinaChon https://t.co/7Zff989OIj https://t.co/z7yhAVMgwa
0626 - Column: Savings stash squares brutal second-wave rescue costs - Mike Dolan https://t.co/9tLEoDSJNG https://t.co/lbkoJM4bjZ
102 - Consumer-goods giant P&G raised its annual sales and earnings forecasts on sustained demand for cleaning products. More here: https://t.co/8fhTWAlvn9 $PG https://t.co/TSBUu023gN038
- Stocks on Wall Street ended higher on growing optimism that the White House and Democrats in Congress are nearing an agreement on a new economic stimulus package. Read more https://t.co/z2J8WDhysC https://t.co/Xi85QPjevU0210
- Cathay Pacific to slash workforce, end Cathay Dragon brand due to pandemic https://t.co/WV5cxhM8GC https://t.co/UNlAK5RuHJ
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