Business software group SAP cut its guidance for 2020 and for the medium term on Sunday, saying the reimposition of coronavirus lockdowns had hit its business and hard-hit industries would now take longer than expected to recover.
Volkswagen plans to make British luxury carmaker Bentley a subsidiary of its Audi division as it seeks economies of scale among its top-end brands, German trade publication Automobilwoche reported.
Qatar has signed an agreement with drugmaker Moderna Inc to buy its potential COVID-19 vaccine as soon as it is approved and released for global use, state news agency QNA quoted a health official as saying on Sunday.
Canadian oil and gas producer Cenovus Energy Inc will buy peer Husky Energy Inc in an all-stock transaction valued at US$23.6 billion, inclusive of debt, the companies said in a joint statement on Sunday.
Canadian oil and gas producer Cenovus Energy Inc will buy peer Husky Energy Inc in an all-stock transaction valued at US$23.6 billion, inclusive of debt, the companies said in a joint statement on Sunday.
Canadian oil and gas producer Cenovus Energy Inc will buy peer Husky Energy Inc in an all-stock transaction valued at US$23.6 billion, inclusive of debt, the companies said in a joint statement on Sunday.
Cenovus Energy Inc will buy Husky Energy Inc in an all-stock transaction valued at US$23.6 billion, the companies said in a statement on Sunday.
SEOUL: Lee Kun-hee, South Korea's richest person and chairman of Samsung Electronics, died on Sunday (Oct 25), leaving behind considerable assets subject to be potentially inherited by his surviving family as well as inheritance tax. Here is a rundown of his net worth, which Forbes says amounts to ......
TOKYO: ANA Holdings plans to cut about 3,500 jobs in three years as Japan's largest airline operator braces for its biggest-ever annual loss due to a plunge in demand driven by the coronavirus pandemic, the Yomiuri daily reported. The job losses are part of ANA's broader business restructuring ......
NEW YORK: The COVID-19 pandemic has ushered in the era of video meetings. But can Zoom really replace in-person meetings that require business executives to travel? US airlines have suffered a steep decline in this lucrative category of travel. They do expect a rebound – just not right away....
