In Portugal, Belgium, Finland, Iceland and Luxembourg , the service will cost €6.99 ($7.87) monthly or €69.99 ($78.84) annually. Disney has announced that it's continuing Disney+'s worldwide expansion in Europe. Disney said in May that Disney+ has 54.5M subscribers after launching late previous year. Users will access commercial-free viewing, up to four concurrent streams, unlimited downloads o... [Full Article...]
From manufacturing to transportation, retail and leisure and hospitality industries companies are restructuring to adapt to a vastly changed landscape, leading to layoffs and bankruptcies. At least one survey from the Economic Policy Institute found that millions of Americans gave up trying to seek benefits or didn't even attempt to due to states' overwhelmed and antiquated unemployment system... [Full Article...]
Proceeds of the new round will be used to further strengthen its balance sheet, bringing the company's available cash to over $300 million. It will also invest in developing new products, such as its payouts solution, as well as in accelerating settlement times. [Full Article...]
The price of diesel overtook that of petrol for the first time, causing some concern about the impact of high diesel prices on inflation, besides leading Twitter to erupt in anger and bemusement. The 19th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to fresh highs. [Full Article...]
The IMF in April had estimated Pakistan's GDP at -1.5 percent for the outgoing fiscal year 2020 and 2 percent for fiscal year 2021. In its World Economic Outlook for June, the fund expected Egypt and China to achieve a positive growth in 2020 despite economic challenges posed by the novel coronavirus pandemic. [Full Article...]
The ABC's lifestyle website, ABC Life, which was created to help reach young people, will become ABC Local, so that it can have a "broader editorial direction". On Wednesday, many staff expressed sadness over the scale of the cuts. The cutbacks follow a long list of redundancies and closures at Australian media outlets, with the crisis in the news business made worse by the coronavirus pandemic. [Full Article...]
Most US brands outpaced the industry average in problems per 100 vehicles, with Fiat Chrysler's Dodge brand tying for first place with Kia of South Korea. Tesla scored the lowest among the 32 auto brands included in the study. It didn't do well. "The higher problem levels we see in this year's study don't mean vehicle quality has worsened; rather, the redesigned study asks additional questions... [Full Article...]
NZ police authorities discovered a company with connections to Alexander Vinnik, which had an unusual amount of money in its accounts. Vinnik says he acted as a technical consultant to the BTC-e platform and had no knowledge of any illegal activity. [Full Article...]