British engineering company Rolls-Royce said shareholders signed up for 94per cent of new shares it issued as part of a 2 billion pound (US$2.64 billion) rights issue aimed at bolstering its pandemic-hit finances.
Nissan Motor Co Ltd revised its full-year forecast to an operating loss of 340 billion yen (US$3.23 billion) from a previous prediction for a record 470 billion yen loss.
LONDON: Britain's economy, which has struggled to maintain its recovery from its coronavirus lockdown crash, grew by a slower than expected 1.1 per cent in September from August, even before the latest restrictions on businesses, official data showed. Economists polled by Reuters had expected a ...
SINGAPORE: Buyers of cleaner cars and taxis can get bigger rebates from next year, while those who purchase vehicles that produce more emissions can expect to pay higher surcharges, said the National Environment Agency (NEA) and the Land Transport Authority (LTA) in a joint media release on ...
DUBAI: Emirates lost US$3.4 billion in the first six months of the year, tipping the Dubai state-owned airline's holding company into its first half-year loss in more than thirty years. The carrier, which temporarily suspended operations this year at the height of the COVID-19 pandemic, said ...
Emirates airline said on Thursday it lost US$3.4 billion in the first half of the year due to the coronavirus crisis, handing its holding company a half-year loss for the first time in over thirty years.
TOKYO: Baggy pants and oversized t-shirts helped spare Japanese fashion brand Uniqlo from the steep coronavirus-led fall in sales that hit rival fashion chains such as H&M and Zara. Now, Uniqlo founder and CEO Tadashi Yanai has shifted his sights to post-pandemic consumer spending, and he's ...
Foxconn , the world's largest contract electronics maker, on Thursday reported quarterly profit that beat market estimates, amid surging demand for telecommuting devices as the pandemic-induced work-from-home trend continues.
German engineering group Siemens on Thursday reported better-than-expected profit at its industrial business in the final set of results overseen by long-standing Chief Executive Joe Kaeser.
Deutsche Telekom raised its earnings guidance on Thursday as its reported forecast-beating third-quarter results, lifted by outperformance at its recently-merged U.S. unit T-Mobile .
