Fiat Chrysler defied fears over Italy's coronavirus outbreak to showcase an electric version of its 500 city car on Wednesday, as it strives to catch up with rivals in low-emissions driving while heading into a merger with Peugeot maker PSA .
PARIS: France's top civil court dealt ride-hailing giant Uber a setback on Wednesday (Mar 4) with a ruling that it had effectively employed one of its drivers. Uber has long argued that it merely a platform linking self-employed drivers with riders, a model which allows it to avoid paying certain...
WASHINGTON: US private payrolls increased more than expected in February, pointing to labour market strength before a recent escalation of recession fears ignited by the coronavirus epidemic that prompted an emergency interest rate cut from the Federal Reserve. The ADP National Employment Report ...
REUTERS: Campbell Soup Co on Wednesday (Mar 4) raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks, and its shares rose five per cent in early trade. The 150-year-old company has sought to revitalise its ...
Nokia Oyj has entered into partnership with Marvell Technology , the companies said on Wednesday, as Nokia seeks to acclerate its so-far sluggish shift to 5G.
France's top court has recognised the right of an Uber driver to be considered an employee, in a ruling that could upend the U.S. firm's business model and potentially require it to pay more taxes as well as benefits such as paid holidays.
Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks, and its shares rose 5per cent in early trade.
FRANKFURT: Lufthansa will ground 150 aircraft out of its total fleet of around 770 due to COVID-19, the German airline said on Wednesday (Mar 4), confirming what company sources had told Reuters earlier. "We are dynamically adjusting our plans to reflect extraordinary circumstances," a Lufthansa ...
REUTERS: Skyworks Solutions Inc, a chip supplier to Apple Inc's iPhones, said on Wednesday the coronavirus has not significantly disrupted its manufacturing operations, sending its shares up 3per cent. The chipmaker, however, cut its second-quarter revenue forecast, saying interruptions in global ...
France's high court has granted an Uber driver's request to reclassify his contractual relationship with the ride-hailing operator as an employment contract, it said on Wednesday.
