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Junction News
Exclusive: GSK says science does not link pandemic H1N1 flu vaccine to sleep disorder

British drugmaker GSK said on Thursday that its previous flu pandemic vaccine, which used some of the same ingredients as COVID-19 vaccines currently under development, was not linked to a rise in cases of the sleep disorder narcolepsy.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Exclusive: After Trump's attacks, Republicans are less confident in voting by mail, poll shows

Republicans are much more skeptical than Democrats their ballots will count if cast by mail and less confident they will be able to vote in November's election if their state switches to all-mail voting, according to a JunctionNews/Ipsos poll released on Thursday.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Nissan plans big cuts to go small after first loss in 11 years

Nissan Motor Co outlined a new plan on Thursday to become a smaller, more efficient carmaker after the coronavirus pandemic exacerbated a slide in profitability that culminated in its first annual loss in 11 years.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
U.S. weekly jobless claims still elevated; core capital goods orders fall

The number of Americans filing for unemployment benefits held above 2 million last week for a 10th straight week amid job cuts by U.S. state and local governments whose budgets have been decimated fighting the COVID-19 pandemic and more second-wave layoffs in the private sector.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
China parliament advances Hong Kong security law as tensions with U.S. rise

China's parliament approved a decision on Thursday to go forward with national security legislation for Hong Kong that democracy activists in the city and Western countries fear could erode its freedoms and jeopardise its role as a global financial hub.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
UK, U.S., Australia and Canada scold China over Hong Kong law

The United Kingdom, the United States, Australia and Canada scolded China on Thursday for imposing a new security law that they said would threaten freedom and breach a 1984 Sino-British agreement on the autonomy of the former colony.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Trump executive order takes aim at social media firms: draft

U.S. President Donald Trump is expected to order a review of a law that has long protected Twitter, Facebook and Alphabet's Google from being responsible for the material posted by their users, according to a draft executive order and a source familiar with the situation.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
If Trump kicks out Twitter, there's always Germany

If U.S. President Donald Trump goes ahead with his threat to close Twitter, the micro-blogging site can always relocate to Germany.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
S&P 500 holds steady at near 3-month high

U.S. stocks were largely flat on Thursday, with the S&P 500 holding at near three-month highs as investors paused after a three-day rally, weighing hopes of a swift economic recovery against underlying tensions between United States and China.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
U.S. planning to cancel visas of Chinese graduate students: sources

The United States is planning to cancel the visas of thousands of Chinese graduate students believed by President Donald Trump's administration to have links with China's military, two sources with knowledge of the matter said on Thursday.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
From Mr. Clean to Michelle Yeoh, how the travel industry plans to woo customers back

Lysol is starring with celebrities and rock-bottom prices in the $8 trillion global travel industry's pitch to get people back on the road and in the air.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Despite rally, 2020 to be worst year for stocks in nearly a decade: Reuters poll

This year will be the worst for many world stock markets in nearly a decade at least, although a majority of equity strategists polled by JunctionNews say top indexes will not revisit lows struck this March following an explosive rally since then.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
U.S. Department of Justice says probe into George Floyd's death 'top priority'

The U.S. Department of Justice said on Thursday it had made its investigation into police involvement in the death of George Floyd a "top priority," after a second day of protests in Minneapolis over the unarmed black man's death.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Britain deeply concerned by China's legislation for Hong Kong: PM's spokesman

Britain's government is deeply concerned about China's legislation on national security for Hong Kong, which risks undermining the principle of one nation, two systems, a spokesman for Prime Minister Boris Johnson said on Thursday.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Exclusive: U.S. taxpayers' virus relief went to firms that avoided U.S. tax

Last month Zagg Inc, a Utah-based company that makes mobile device accessories, received more than $9.4 million in cash from a U.S. government program that has provided emergency loans to millions of businesses hit by the coronavirus.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Nissan must watch cash given possible risk of second virus outbreak: CEO

Nissan Motor Co's cash situation is "tough" as the coronavirus has sapped car sales, and the automaker must be vigilant in the coming months as a second wave of infections may add to liquidity issues, CEO Makoto Uchida told JunctionNews on Thursday.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Taiwan pledges help for fleeing Hong Kongers, riles China

Taiwan promised on Thursday to settle Hong Kongers who flee the Chinese-ruled city for political reasons, offering help from employment to counselling, and prompting angry condemnation from Beijing as it pushes security legislation for Hong Kong.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Japan 'seriously concerned' over Chinese security laws for Hong Kong

Japan is "seriously concerned" about the move by China's parliament to go forward with national security legislation for Hong Kong that observers fear could endanger its special autonomy and freedoms, the foreign ministry said on Thursday.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
Europe cheers super-sized stimulus plan, U.S.-China tensions simmer

European shares rose for a fourth straight session on Thursday and the euro perched at a two-month high, as businesses returning to work and a 750 billion euro EU stimulus plan outweighed rising U.S.-China tensions.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT
U.S. firms shield CEO pay as pandemic hits workers, investors

Sonic Automotive Inc , which operates 95 U.S. car dealerships, started laying off and furloughing about a third of its workforce as the coronavirus pandemic crushed its sales. Then it changed its executives' pay packages - handing them a multimillion-dollar windfall.

[Read More] Posted: Thu, 28 May 2020 10:40:54 SGT



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