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Job cuts announced by U.S. companies jump 54% in July - report
WASHINGTON (Reuters) - U.S. employers announced another 262,649 job cuts in July as the COVID-19 pandemic continued to weigh on demand, the latest indication that the labour market recovery is losing steam.
Six more suspects arrested over Klang armed robbery
KLANG: More suspects have been arrested in the ongoing investigation into an armed robbery in front of a restaurant in Taman Aman Perdana here.
Micromobility isn’t dead – at least not in the US and Europe
An industry that seemed existentially threatened at the start of the pandemic is showing signs of life.
Live-action film 'Mulan' gets theatrical release date in Malaysia, Sept 4
The Disney flick which has been postponed multiple times since its original date in March this year due to the coronavirus pandemic has finally been confirmed to open at cinemas in Malaysia next month.
The cloud kitchen model is gaining traction in Malaysia
Still in its infancy in Malaysia, cloud kitchens are now being viewed as cost-efficient models for F&B businesses.
Nintendo reports 428% jump in profit as Animal Crossing sales top 22 mln
TOKYO: Japan's Nintendo Co Ltd on Thursday reported a 428% jump in first-quarter profit, driven by ongoing demand for the Switch console and hit title Animal Crossing: New Horizons as the coronavirus outbreak boosts the games industry.
Adidas predicts profit rebound after pandemic hit
BERLIN: German sportswear firm Adidas said on Thursday it expected to bounce back to profitability in the third quarter after it plunged to a big loss in the second quarter when the majority of its stores were closed due to coronavirus lockdowns.
Bezos sells US$3.1bil of Amazon shares after wealth jumps
The numbers are eye-popping: One million Amazon.com Inc shares offloaded for more than US$3.1bil (RM12.98bil). And yet for the seller, Jeff Bezos, it barely puts a dent in his stake in the e-commerce giant.
Facebook launches its new TikTok clone, Instagram Reels
Facebook’s Instagram is officially launching its answer to the hit short video app TikTok – Instagram Reels.
Fauci talks vaccine prospects in Reuters interview
(Reuters) - Anthony Fauci, the top infectious disease expert in the United States, spoke with Reuters correspondents Jeff Mason and Mike Erman on Wednesday about fighting the new surge in coronavirus cases and about how possible vaccines could slow the spread of the virus. Fauci also touched on his sometimes-fraught relationship with the White House.
