
Rakuten's $28 per month 5G service to intensify price war with rivals
Sep 30, 2020 15:48 pm UTC| Business
Rakuten Inc. will start offering unlimited data services using ultrafast 5G networks for $28 per month Wednesday, following Prime Minister Yoshihide Suga requests for mobile phone service operators to reduce prices. The...

General Atlantic to invest $498.31 million in India's Reliance Retail
Sep 30, 2020 15:38 pm UTC| Business
US Private equity firm General Atlantics $498.31 million investment for a 0.84% stake in the retail arm of Indias Reliance Industries boosted the latters shares by as much as one percent to $30.83. Reliance, which is...

US resumes importation of UK beef after 24 years
Sep 30, 2020 15:19 pm UTC| Business
British beef is back on US tables with shipment restarting on Wednesday after being banned beginning 1996 due to Mad Cow Disease infection. Those from Northern Irelands Foyle Food Group will be the first to be...

Disney to lay off about 28,000 parks employees due to pandemic's impact
Sep 29, 2020 23:53 pm UTC| Business
Walt Disney Co. will lay off about 28,000 American employees in its theme parks division, as it struggled with pandemic-triggered limited attendance and the continued closure of its parks in California. About two-thirds...

Air Busan to resume Qingdao flights to address demand from businessmen
Sep 29, 2020 23:50 pm UTC| Business
Air Busan Co. will begin offering weekly Busan to Qingdao flights from October 15 to meet travel demand from businessmen. According to the budget carrier unit of Asiana Airlines Inc., it suspended the route for over...

Samsung tops global smartphone sales with 22% share
Sep 29, 2020 23:44 pm UTC| Business
Samsung Electronics Co. accounted for a 22 percent share of the global smartphone market in August, edging Huawei with a 16 percent share to become the worlds top smartphone vendor. The six percent gap between the two...

Walmart eyeing $25 billion investment in Tata app
Sep 29, 2020 23:34 pm UTC| Business
Walmart Inc is seeking an investment of up to $25 billion in Tatas planned super app, scheduled to be launched in India in December or January. The app will tie in all of Tatas consumer business, from insurance,...