German payments firm Wirecard has hired Alix Partners for a forensic investigation of the accounting scandal which led to its collapse, people close to the matter said.
Smaller U.S. companies will bear the brunt of the economic downturn triggered by a prolonged coronavirus crisis as they struggle to cut costs as much as bigger multinational peers, analysts' estimates compiled by Reuters showed.
Microsoft Corp's professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6per cent of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products.
Microsoft Corp's professional networking site LinkedIn said on Tuesday it would cut about 960 jobs, or 6per cent of its global workforce, as the coronavirus pandemic is having a sustained impact on demand for its recruitment products.
Volkswagen and Ford said a U.S. legal row between South Korean battery makers could disrupt supplies of the key electric vehicle parts and cost U.S. jobs during the Covid-19 outbreak, according to documents submitted to a U.S. trade panel.
Nokia rolled out on Tuesday new 5G stand-alone wireless networks for industrial clients and unveiled an order to build one for mining technology firm Sandvik at its site in Tampere, Finland.
Ebay has agreed to sell its classified ads business to Norwegian group Adevinta in a cash share deal worth US$9.2 billion, the companies said on Tuesday.
BERLIN: The founders of Berlin music-streaming app Soundcloud are launching an e-bike subscription startup, betting their experience in building a community of enthusiasts will ensure the venture is more sustainable than bike sharing. The idea for the venture, called DANCE, predates the ...
Chinese Starbucks customers can order the coffee chain's drinks on Alibaba's Taobao marketplace and mobile map app Amap, the companies said on Tuesday, expanding a partnership signed in 2018.
The shock of the pandemic has spared no one, but the costs have not been evenly distributed.
