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Uber & GrubHub delivery mega-merger talks ongoing
UberEats the parent company of Uber Technologies (UBER) and Grubhub (GRUB) one of the oldest food delivery company in the US continue their merger discussions.
Big three US automakers expected to restart on May 18 after COVID shutdown
As we know the U.S. automakers were shut down in late March due to the coronavirus pandemic. Detroit's Big Three automakers – General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles all plan to reopen North American factories on May 18. Here’s we are discussing these auto manufacturers plans to return to work.
Vodafone revenue rose 3% to EUR 44.97 billion
Vodafone (LON: VOD), the world's second-largest mobile operator, shares surged around 8% on Tuesday after it maintained its annual dividend and slashed losses. For its financial year to the end of March, the revenue rose 3% to EUR44.97 billion from EUR43.67 billion last year.
Under Armour sales plunge due to store closures
Under Armour, Inc. (NYSE: UA, UAA) reported worse than expected first-quarter earnings results on Monday. The company sales during the quarter that ended March 31 fell to $930 million, compared to $1.2 billion in the year-ago quarter.
COVID-19 recovery rate improves: Around 1.4 million recoveries worldwide
Globally the coronavirus cases increased 4 million and the virus has killed more than 282,000 people. Recently most of the Countries are showing strong signs of coronavirus recoveries, over 1.4 million people. There have been 100,000+ recorded recoveries in the last 2 days. While in some countries the newly diagnosed cases and deaths reported as usual. In the US there were nearly 80,000 deaths and more than 1.3 million confirmed coronavirus cases as on Sunday.