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Aussie Startup Offers Guilt-free Time to Locked Down Parents
Prosper Education Home App to let parents gain back valuable guilt-free time without having to think about what they are going to do with their kids
Uber reports losses of 2.9 bln USD in first quarter
Uber Technologies on Thursday announced its first-quarter financial results of 2020, with $3.54 billion of revenue and 1.7 dollars of loss per share.
Uber leads 170 mln USD investment in Lime
Lime: Uber is leading a 170 million U.S. dollar investment round with participation from Alphabet and other investors.
Neiman Marcus files for bankruptcy amid COVID-19 crisis
Neiman Marcus Group has filed for bankruptcy protection, the second major U.S. retailer to do so this week amid the COVID-19 crisis.
BMW to invest 620 mln USD in northeast China
BMW Group plans to invest 4.4 billion yuan (about 620 million U.S. dollars) this year in the construction of its new factory in Shenyang.
China Vanke property sales decline in April
China Vanke Co., Ltd., one of China's largest property developers, posted contracted property sales decline in April.
U.S. Costco April sales decrease amid COVID-19 pandemic, gasoline deflation
U.S. Costco Wholesale Corporation on Wednesday reported net sales of 11.39 billion U.S. dollars for the retail month of April.
U.S. ride-sharing firm Lyft reports 23-pct growth in Q1 revenue
Leading U.S. ride-hailing company Lyft Inc. on Wednesday announced financial results for Q1 with a revenue increase of 23 percent year-over-year.
Uber to cut 3,700 employees amid coronavirus pandemic
Uber Technologies, Inc. is laying off some 3,700 full-time employees amid COVID-19, the U.S. ride-hailing company said on Wednesday.
German healthcare giant Fresenius reports solid start of 2020
Revenues of the healthcare group Fresenius climbed by 8 percent to 9.1 billion euros (9.8 billion U.S. dollars) in the first quarter (Q1) of 2020.
China's Dongfeng Automobile car sales in January-April drop
Chinese carmaker Dongfeng Automobile Co., Ltd. on Wednesday reported a decline in sales in the first four months of 2020.
SAIC Motor sees sales boom during May Day holiday
SAIC Motor witnessed a sales boom in the Labor Day holiday, which was the first holiday after the novel coronavirus outbreak abated in China.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails