MEXICO CITY: U.S. automaker Ford has set May 28 as a provisional date for the gradual restart of its plant in Hermosillo, Mexico, according to a letter to workers seen by Reuters. In mid-May, Mexican government officials said the auto industry could exit a mandatory coronavirus lockdown before ......
Boeing Co is expected to announce U.S. job cuts this week after disclosing last month it planned to shed 10per cent of its worldwide workforce of 160,000 employees, people briefed on the plans and a union said.
Twitter on Tuesday for the first time prompted readers to check the facts in tweets sent by U.S. President Donald Trump, warning that his claims about mail-in ballots were false and had been debunked by fact checkers.
India said on Tuesday it was making public the source code of its coronavirus contact-tracing app Aarogya Setu for Google's Android smartphones, a move digital rights activists said will boost the security of users.
TOKYO: Japan's government will provide 140 trillion yen (US$1.3 trillion) to back financing of Japanese firms hit by the economic fallout from the coronavirus pandemic when it compiles on Wednesday (May 27) a second extra budget for the current fiscal year, Prime Minister Shinzo Abe said. When ...
Amazon.com Inc is in advanced talks to buy self-driving startup Zoox Inc, in a move that would expand the e-commerce giant's reach in autonomous-vehicle technology, the Wall Street Journal reported https://on.wsj.com/36wXJUV on Tuesday.
Asian shares shed some of their recent gains on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy.
Economic prospects for the developed world this year have darkened again in the past month as the coronavirus pandemic has rolled from Asia to the Americas, with a V-shaped sharp recovery expected by less than one-fifth of economists polled by Reuters.
Mexico's auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even as the wait for approvals slowed the return of Ford Motor Co and other companies.
NEW YORK: A New Jersey used car dealer was criminally charged on Tuesday (May 26) with exploiting the coronavirus pandemic by trying to defraud and price gouge New York City into buying N95 respirator masks in a roughly US$45 million scheme. The US Department of Justice said Ronald Romano, 58...
