VIENNA: Shares in AMS fell by 11per cent on Wednesday following news the sensor maker, best known as a supplier to Apple, was seeking approval for a capital raise. AMS supplies sensors for Apple face recognition technology on iPhones and is in the process of buying Osram, the leading...
Amazon.com Inc on Wednesday launched three new versions of its Fire tablets with more storage and faster performance.
NEW YORK: Wall Street bonuses for 2020 could fall by as much as 25per cent-30per cent due to the deep cuts to revenues recorded by banks and hedge funds earlier this year as a result of the novel coronavirus, according to a report published Wednesday by compensation consulting firm...
Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said.
U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, which could bolster some economists' predictions for a brief period of deflation as the novel coronavirus depresses demand.
MILAN/PARIS: French luxury house Chanel said on Wednesday it was increasing prices on its handbags and some small leather goods worldwide to take into account a rise in the cost of raw materials amid the coronavirus pandemic. In an emailed statement responding to a Reuters query, Chanel said the...
JOHANNESBURG: Loon, a unit of Google's owner Alphabet Inc , which uses high-altitude balloons to provide mobile internet to remote areas, has signed a deal with Vodacom to expand the South African mobile operator's network in Mozambique. Using the Loon solution, Vodacom will expand mobile network ...
SINGAPORE: Property buyers who have entered into agreements to purchase or lease homes from developers can now apply for temporary legal protection should they face difficulties making payments because of the COVID-19 pandemic. The move is an extension of the COVID-19 (Temporary Measures) Bill ...
German firms are preparing to charter a flight to China this month, a business leader said Wednesday, in a sign that Beijing may further ease a ban on most foreigners that was imposed to avoid importing virus cases.
Qatar Airways, one of the Middle East's biggest airlines, is in talks with Airbus and Boeing to defer aircraft orders for several years, its chief executive was quoted as saying on Wednesday.
