Indian automaker Mahindra & Mahindra Ltd has cut more than half of the workforce at its North American unit, two sources familiar with the matter told Reuters, due to the COVID-19 pandemic and an ongoing legal tussle.
Amazon.com Inc has launched an online academy to train students for one of India's most competitive college entrance tests, the e-commerce giant said on Wednesday, as it taps a boom in virtual learning during the COVID-19 pandemic.
Taiwan's Foxconn and Chinese automaker Zhejiang Geely Holding Group said on Wednesday they will join hands to provide contract manufacturing for automakers.
Drivers for ride-share and meal delivery apps filed a lawsuit Tuesday to nullify a referendum passed by California voters that lets such "gig workers" be treated as contractors.
Spanish telecom company Telefonica said on Wednesday it agreed to sell its mobile phone masts in Europe and Latin America to U.S.-based telecom infrastructure operator American Towers for 7.7 billion euros (US$9.41 billion) in cash.
European food-ordering firm Just Eat Takeaway.com NV said on Wednesday it had received 57per cent more orders in the fourth quarter than a year earlier, as strict social distancing rules and work-from-home trends continued to boost online orders.
YouTube has suspended President Donald Trump's channel as it violated policies for inciting violence.
REUTERS: Affirm Holdings Inc, a U.S. provider of installment loans to online shoppers, said on Wednesday it sold shares in its initial public offering (IPO) at US$49 apiece, above its target range, to raise US$1.2 billion. Affirm said it offered 24.6 million shares of its Class A common stock...
Top mutual fund firm Vanguard Group has sold its stakes in certain Chinese securities to comply with a United States ban on Americans from investing in companies it deems to have links with China's military.
Alphabet Inc's YouTube said on Tuesday it has suspended Donald Trump's channel as it violated policies for inciting violence after last week's assault on the U.S. Capitol by the president's supporters.
