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Search Result for “30 billion”

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European satellite internet mega-merger approved

AFP, Published on 28/09/2023

» PARIS - Shareholders of the European satellite operator Eutelsat on Thursday approved a $3.4-billion merger deal with Britain's OneWeb, with the new entity out to become a global broadband internet champion to rival the likes of Elon Musk's Starlink.

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Amazon running illegal monopoly - US

AFP, Published on 27/09/2023

» WASHINGTON - A top antitrust regulator in the United States sued Amazon on Tuesday, accusing the online retail behemoth of running an illegal monopoly by strong-arming sellers and stifling potential rivals.

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'Regulate them': hard-up Indonesia traders urge TikTok sales ban

AFP, Published on 25/09/2023

» JAKARTA - As clothing seller Hendri Tanjung struggles to hawk his tunics to Indonesian buyers outside his market shop, he says customers are turning to cheaper versions on TikTok, pummelling his income.

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Saudi and Russian oil cuts extended to year-end

AFP, Published on 05/09/2023

» RIYADH - Saudi Arabia and Russia said on Tuesday they would extend voluntary oil cuts until the end of the year, sending the price of Brent crude to a 10-month high.

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Youthful, gaming-obsessed Saudi seeks homegrown hit

AFP, Published on 04/09/2023

» RIYADH - Young Saudis wander through a museum of video game history stretching from the original Pac-Man to PlayStation 5, a project intended to inspire them to create their own blockbuster titles.

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UPS strike averted as deal reached with Teamsters union

AFP, Published on 26/07/2023

» NEW YORK: The Teamsters union and shipping giant UPS announced Tuesday that the two sides had reached a tentative agreement on a five-year contract that would avert a crippling strike across the United States.