Against the backdrop of a global pandemic, steep recession, intensifying US-China tensions and rising protectionism, the WTO needs to name a leader. Only the resilient should apply.
Japanese appliance-maker Panasonic Corp on Thursday said that next year it will move its Thai-based production of refrigerators and washing machines to Vietnam, laying off some 800 workers.
SoftBank Group Corp said it plans to sell 5per cent of its domestic telco SoftBank Corp as part of its plan to raise US$41 billion through asset sales.
JPMorgan Chase & Co plans to hire at least 12 equity research analysts in China this year, two people with knowledge of the matter said, in its first major mainland hiring push as it takes advantage of eased ownership rules for financial firms.
AstraZeneca Plc said on Thursday it had received the first agreements to supply at least 400 million doses of the COVID-19 vaccine it is developing with the University of Oxford.
TOKYO: Japanese Prime Minister Shinzo Abe has pledged to build 2,000 new ventilators for COVID-19 patients that even the government says hospitals are unlikely to need. Instead, the plan, announced in April, appears to be more about bringing home manufacturing of equipment seen as key to the ...
SHENZHEN: Construction cranes at Huawei's headquarters busily expand an already massive faux-European campus that Walt Disney would envy, as well as an in-house "university" that trains the Chinese telecom giant's growing global workforce. If the United States hoped to stop the company in its ...
Millions more Americans likely filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus unleash a second wave of layoffs, pointing to another month of staggering job losses in May.
Schlumberger, the world's largest oilfield services firm, will reshuffle top executives and operations in coming months to deal with this year's historic decline in the oil industry, according to a memo to employees.
INTERNET company Sea Ltd, which owns e-commerce platform Shopee and game developer Garena, is offering US$1 billion in convertible senior notes due in 2025.
