New passenger car registrations in Germany fell more than 30per cent in January to around 170,000 vehicles, an industry source told Reuters on Wednesday.
Japan's Toyota Motor Corp plans record high global production of 9.2 million vehicles this year, up about 2per cent from 2019's pre-coronavirus output, the Nikkei newspaper reported on Friday.
Shares of videogame retailer GameStop Corp and movie theater operator AMC Entertainment Holdings Inc lost 15per cent and 13.2per cent, respectively, in early U.S. pre-market trading on Wednesday as a social media-driven trading frenzy cooled.
REUTERS: Ant Group Co has agreed on a restructuring plan with Chinese regulators under which the fintech giant will be turned into a financial holding company, according to Bloomberg News. The plan calls for putting all of Ant's businesses into the holding company, including its technology ...
Japanese electronics and media giant Sony Corp raised its full-year profit outlook by one-third and said it was struggling to keep up with pandemic-fuelled demand for the new PlayStation 5 amid a global shortage of semiconductors.
SINGAPORE: Google co-founder Sergey Brin has opened a family office in Singapore to help manage his fortune, making him the latest tycoon to establish a private investment company in the financial hub. The company overseeing the assets of Brin, the world's ninth-richest person with wealth of US$86 ...
FRANKFURT: Britain's GlaxoSmithKline and German biotech firm CureVac struck a €150 million (US$180 million) deal to develop next-generation vaccines against COVID-19 that target several variants in one product. In a joint statement on Wednesday (Feb 3), the partners said they were targeting a ...
A surprise chat between tech billionaire Elon Musk and Robinhood CEO Vlad Tenev on new audio-based social network Clubhouse has helped propel the app to the top of the startup charts and sparked a scramble for invitations to the exclusive service.
Swedish truckmaker AB Volvo reported fourth-quarter core earnings above analysts' expectations on Wednesday, raised its forecasts for some of its main markets and rolled out a hefty shareholder payout.
Behind GameStop's stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming.
