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Facebook-Backed Reliance Launches Powerful Online Grocery Service In India

Reliance Industries has now launched its JioMart online grocery service across cities in India, with their new JioMart website also going live. The …

European Launch of Kylie Skin Boosts Coty Stock by 15%

Shares of Coty (COTY) rose by 15% on Friday to $3.85, after the company announced that its Kylie Skin products are now available …

Boeing Cuts 25% Of Its Workforce At Winnipeg Site; Top Analyst Slashes PT To $155

Boeing Co (BA) will lay off 400 employees at its aerospace manufacturing facility in Winnipeg as a result of the economic impact of …

AngloGold Halts Production At World’s Deepest Gold Mine, Due To Covid-19 Outbreak

AngloGold Ashanti (AU) has confirmed that operations at its Mponeng gold mine – which were running at 50% capacity – have been temporarily …

IBM Is Said To Make Far-Reaching Job Cuts Across The U.S.

IBM Corp. (IBM) is said to reduce the number of employees across the U.

Twilio To Power New York’s COVID-19 Contact Tracing Initiative; Shares Jump 7.5%  

Twilio (TWLO) announced that it will provide the communications platform to power New York City’s coronavirus contact tracing initiative sending shares up 7.5% …

NBA In Talks With Disney To Reopen Season At Disney World In July

The NBA is in talks with the Walt Disney Co. (DIS) to resume its suspended season at Florida’s Disney World as early as …

GM Delays Some Production Shifts At 3 U.S. Truck Plants – Report

General Motors Co. (GM) is delaying the resumption of second shifts at truck assembly factories in Michigan, Indiana and Mexico due to a …

Gilead’s Remdesivir Most ‘Beneficial’ In Covid-19 Patients Who Need Extra Oxygen, Study Shows

Gilead Sciences Inc.’s (GILD) remdesivir, its coronavirus drug candidate, is most “beneficial” for Covid-19 patients who require supplemental oxygen but don’t need mechanical …

KKR Invests $1.5 Billion in Reliance’s Jio Platforms In Biggest Deal In Asia

KKR & Co. (KKR) said it will inject $1.

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