Nissan Motor Co said on Tuesday it expects to make an annual operating loss for a second straight year, as the coronavirus pandemic hampers its efforts to emerge from a deep slump in sales.
Chinese online travel giant Ctrip is in talks with potential investors about funding its delisting from Nasdaq because of rising U.S.-China tensions and the coronavirus-driven hit to its business, sources told Reuters.
Flipkart said on Tuesday it plans to offer 90-minute deliveries for groceries and home accessories, as the Walmart-owned online retailer goes head to head with Amazon.com Inc in a key growth market for e-commerce.
Taiwanese chip giant TSMC on Tuesday briefly became the world's tenth largest company thanks to a two-day surge in its stock price that has propelled the island's exchange to a record high.
Beijing-based ByteDance said on Tuesday the head of its artificial intelligence lab will leave the company, as its short-video app TikTok faces U.S. scrutiny over security and privacy issues.
The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC.
PARIS: Peugeot maker PSA Group held on to its margin target despite a fall in profitability in the first half of 2020, when the coronavirus pandemic dented sales at the French group. PSA, which is in the middle of working through a merger agreement with Italy's Fiat Chrysler ,...
TOKYO: The United States has awarded a US$265 million contract to a Texas facility of Japan's Fujifilm Holdings to step up production of a coronavirus vaccine candidate, President Donald Trump said. Trump made the announcement on Monday (Jul 27), as he toured another Fujifilm facility in North ...
Shares of Japan's Mitsubishi Motors Corp plunged more than 10per cent to an all-time low on Tuesday after the automaker posted dismal sales in its key Southeast Asian market and forecast a huge loss for this financial year.
Remington Arms Co on Monday filed for Chapter 11 bankruptcy protection for the second time in two years as the U.S. gunmaker faced financial troubles partly because some retailers placed restrictions on gun sales after school shootings.
