Category: Company News

HSBC warns it could face reprisals in China if UK bans Huawei equipment -the Telegraph

(Reuters) – HSBC Holdings Plc (HSBA.L) Chairman Mark Tucker has warned Britain against a ban on networking equipment made by Huawei Technologies Co Ltd, claiming the bank could face reprisals in China, the Telegraph reported on Saturday. Tucker made the claim in private representations to British Prime Minster Boris Johnson’s advisers, the newspaper reported here […]

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UPDATE 1-Oil workers, Louisiana island residents flee ahead of Storm Cristobal

HOUSTON (Reuters) – Tropical Storm Cristobal moved through the U.S. Gulf of Mexico on Saturday carrying strong winds and heavy rains that prompted the evacuation of a coastal Louisiana community and dozens of offshore oil platforms. Cristobal, packing winds of 50 miles per hour (85 km), is expected to strengthen somewhat before making landfall late […]

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UPDATE 1-'Am I going to get shot?' kids ask, as brands try to explain racism and violence to children

NEW YORK (Reuters) – For 8 minutes and 46 seconds – the time it took George Floyd, an unarmed black man, to die at the hands of Minneapolis police – cable TV kids channel Nickelodeon’s screen went black on Tuesday to sounds of inhaling and exhaling, as white text flashed “I can’t breathe.” The Pokemon […]

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UPDATE 1-Brazil court orders JBS pork plant shut for 14 days amid coronavirus fears

(Adds statement by company) SAO PAULO, June 6 (Reuters) – A Brazilian judge has suspended activities for 14 days at a pork plant owned by meatpacker JBS SA in the southern Brazilian state of Rio Grande do Sul, according to a copy of the decision seen on Friday night. As part of the decision, employees […]

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UPDATE 3-Malaysian prime minister names Petronas finance chief as new CEO

KUALA LUMPUR (Reuters) – The chief executive of Malaysian state energy firm Petroliam Nasional Bhd, or Petronas, will soon step down after five years at the helm, state media reported on Saturday. Wan Zulkiflee Wan Ariffin will resign as president and chief executive officer, and will be succeeded by an internal candidate, state news agency […]

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UPDATE 5-Twitter, Facebook disable Trump video tribute to Floyd over copyright complaint

(Reuters) – Twitter Inc, Facebook Inc and Instagram disabled President Donald Trump’s campaign tribute video to George Floyd on their platforms on Friday, citing copyright complaints. The clip, which shows photos and videos of protest marches and instances of violence in the aftermath of the death of Floyd while in police custody in Minnesota, has […]

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Court orders JBS pork plant in Brazil shut for 14 days amid coronavirus fears

SAO PAULO (Reuters) – A Brazilian judge has suspended activities at a pork plant owned by meatpacker JBS SA (JBSS3.SA) in the southern Brazilian state of Rio Grande do Sul for 14 days, according to a copy of the decision seen Friday night. As part of the decision, employees in high-risk groups are to be […]

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UPDATE 2-Facebook's Zuckerberg promises a review of content policies after backlash

(Reuters) – Facebook (FB.O) CEO Mark Zuckerberg on Friday said he would consider changes to the policy that led the company to leave up controversial posts by President Donald Trump during recent demonstrations protesting the death of an unarmed black man while in police custody, a partial concession to critics. Zuckerberg did not promise specific […]

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UPDATE 1-California says film and TV production can resume as early as June 12

LOS ANGELES (Reuters) – Film and TV cameras can start rolling in California as soon as June 12, state officials said on Friday as they approved new guidelines to prevent the spread of the novel coronavirus on sets. Producers will need approval from local health officials to restart filming, according to a statement from the […]

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UPDATE 1-Facebook's Zuckerberg says to review content policies after facing backlash over Trump posts

(Reuters) – Facebook Inc is looking at improving the social network’s content policies, while building products to advance racial justice, Chief Executive Officer Mark Zuckerberg said on Friday in response to the ongoing protests in the United States. Zuckerberg’s post comes after Facebook faced widespread backlash, including from its own employees, over its decision to […]

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