LONDON - The number of people on British company payrolls fell by more than 600,000 in April and May as the coronavirus lockdown hit the labour market, and vacancies plunged by the most on record, official data showed on Tuesday.
BEIJING/HONG KONG - Tencent Holdings Ltd (HK:0700) aims to become the biggest shareholder in video streaming rival iQIYI Inc (O:iQ), said two people familiar with the matter, to lower costs and counter competition in a sector boosted by stay-at-home virus policies.
BRUSSELS - Facebook (NASDAQ:FB), Google (NASDAQ:GOOGL) and Twitter should provide monthly reports on their fight against disinformation, two senior EU officials said on Wednesday as they called out Russia and China for their roles in the spread of fake news.
MUMBAI - Umesh Patil, a farmer in western India, pawned 40 grams of gold jewellery to raise 130,000 rupees ($1,723.11) to buy supplies needed to plant his next crop.
TEL AVIV - The coronavirus crisis may be pushing El Al Israel Airlines (TA:ELAL) back into the hands of the state, less than two decades after the flag carrier was privatised.