Nissan Motor Co plans to cut more shifts at its three assembly plants in Japan due to falling demand, two sources said on Friday, as the automaker struggles to recover from a drop in sales triggered by the coronavirus.
REUTERS: Globalfoundries and SkyWater Technology have reached a deal to supply semiconductor chips to the U.S. defense industry and work on new technology, the companies said on Thursday, as the industry moves toward more U.S. manufacturing. Globalfoundries, a California-based semiconductor ...
TOKYO: Japan lifted all coronavirus-related curbs on domestic travel on Friday (Jun 19), with Prime Minister Shinzo Abe calling on people to go sightseeing or attend concerts and other events to help the nation's economy bounce back from a pandemic recession. Japan began lifting its pandemic ...
Oil prices pushed higher in early trade on Friday, building on gains in the previous session, after OPEC producers and allies promised to meet their supply cut commitments and two major oil traders said demand was recovering well.
Asian stocks were set for gains on Friday although trade was likely to be choppy after a mixed Wall Street session with investor focus swinging between concerns about a second pandemic wave and more upbeat hopes about an economic recovery.
German payments company Wirecard AG said on Friday it cannot be ruled out that the company has become the "aggrieved party" in a case of "fraud of considerable proportions".
U.S. President Donald Trump on Thursday renewed his threat to cut ties with China.
SoftBank Group Corp will invest US$2 million or more in 14 U.S. start-ups led by black founders and other underrepresented groups, the company said on Thursday, as part of its effort to fund more a more diverse array of entrepreneurs.
Palantir Technologies Inc on Thursday said that Japanese insurance holding company Sompo Holdings Inc is investing US$500 million in the Silicon Valley data analytics company, whose clients range from global banks to the U.S. government and the Central Intelligence Agency.
U.S. grocery retailer Albertsons Cos Inc said on Thursday it is targeting to raise up to US$1.51 billion in an initial public offering.
