Markets

Chinese electric vehicle maker BYD Co Ltd,, which is backed by billionaire Warren Buffett, on Monday reported a 162per cent growth in 2020 net profit as it became a major mask maker amid the COVID-19 pandemic.

KUALA LUMPUR: Malaysia's budget airline AirAsia Group reported a record quarterly loss on Monday (Mar 29), as depreciation and impairments deepened the impact of lockdowns, but said it was confident of a full recovery in two years' time. Net loss in the October to December period widened to RM2.44...

CD Projekt, the Polish studio behind one of the most anticipated and derided games of 2020, will have a lot of explaining to do when it updates investors on its strategy on Tuesday.

CAIRO: The giant container ship that blocked the Suez Canal for almost a week was fully floated on Monday (Mar 29) and traffic in the waterway would resume, the canal authority said in a statement. A Reuters witness saw the ship moving and a shipping tracker and Egyptian TV...

U.S. robotics company Boston Dynamics on Monday unveiled a new robot called Stretch, designed to perform one very specific warehouse job: moving boxes.

The Japanese government has decided to temporarily halt its use of popular messaging app Line, owned by SoftBank Corp's Z Holdings, to handle sensitive information, Chief Cabinet Secretary Katsunobu Kato said on Monday.

South Korea's Hyundai Motor Co plans to temporarily suspend production at its Ulsan No.1 plant in South Korea due to chip shortage between Apr 5 and Apr13, Korea Economic Daily reported on Monday, citing the auto industry.

Emirates said on Monday that more than 85 per cent of its pilots and cabin crew had been administered both doses of a coronavirus vaccine.

An unlikely figure helped set the spark for SoftBank Group Corp's US$9 billion deal to take WeWork public.

Carmaker Stellantis will halt production at its plant in Melfi, southern Italy for the period April 2-12 because of low demand triggered by the COVID-19 crisis, the UILM union said on Monday.