Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28per cent amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
German insurer Allianz on Friday posted an unexpected 6per cent rise in net profit in the third quarter from a year earlier, despite pressure on business from the coronavirus pandemic.
The upcoming release of a ninth generation of video game consoles by Sony and Microsoft is set to be a sales slam dunk with consumers seeking entertainment during pandemic confinement. But could it also be their swansong as the habits of gamers change?
China's central bank vice-governor said on Friday that China needs to consider policy adjustments as its economy recovers, adding that the adjustments will be based on accurate economic assessments, and the authorities cannot make hasty moves.
U.S. employers likely hired the fewest workers in five months in October, in what would be clearest indication yet that the end of fiscal stimulus and exploding new COVID-19 infections were sapping momentum from the economic recovery.
A winner of industry awards, Snehapoo Padavattan should have raced up India's corporate ladder. There was just one problem. She belongs to the country's lowest caste, the Dalits.
Toyota Motor Corp more than doubled its full-year operating forecast on Friday amid a rebound in sales in China that were hit by the coronavirus pandemic earlier this year, even as it reported second-quarter operating profit slid 24per cent.
Toyota Motor Corp more than doubled its full-year operating profit forecast on Friday, as vehicle sales rebound in China from a coronavirus pandemic squeeze earlier this year that contributed to a 24per cent slide in second-quarter earnings.
Ford Motor Co's Chinese ventures reported higher vehicle sales for October from a year earlier, as strong demand for sport-utility vehicles (SUVs) and vans continued to support its recovery in the world's biggest auto market.
Japan's Takeda Pharmaceutical Co is looking at making vaccines a core business after completing asset sales to lower debt following its takeover of Shire Plc, Chief Executive Christophe Weber said.
