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Markets

Honda makes a U-turn to catch US truck, SUV trend

Honda Motor Co is redesigning the looks and the marketing for its sport utility vehicles and trucks to appeal to U.S. consumers who are paying premiums for rival automakers' vehicles that offer a more rugged, off-road adventure image.

Markets

Huawei ousted from heart of EU as Nokia wins Belgian 5G contracts

Orange and Proximus have picked Nokia to help build 5G networks in Belgium as they drop Huawei amid U.S. pressure to exclude the Chinese firm from supplying key telecoms equipment.

Markets

Thai army denies Twitter disinformation campaign after takedowns

Thailand's army on Friday denied using nearly a thousand Twitter accounts blocked by the social media company, which said they were linked to the army and had targeted the political opposition.

Markets

Ryanair sees 737 MAX return in US in ‘next month or so’

Ryanair expects Boeing's troubled 737 MAX aircraft to return to service in the United States in the next month or so, paving the way for the Irish low-cost carrier to start receiving planes in early 2021, a senior executive said on Friday.

Markets

Hurricane Delta shuts most US offshore oil output in 15 years

A strengthening Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico production in 15 years, halting most of the region's oil and nearly two-thirds of its natural gas output.

Markets

UK government prepares jobs support if firms forced to close

Markets

Swedish truckmaker AB Volvo to end pandemic furlough schemes

Truckmaker AB Volvo is ending all its short-time working schemes in Sweden effective immediately, Swedish public service television SVT reported on Friday.

Markets

Japan extends deadline for casino host city bids to April 2022

TOKYO: Japan has pushed back by nine months a July 2021 deadline for cities to submit bids to host casinos amid delays in preparation and a downturn in operators' business conditions caused by the COVID-19 pandemic, the Japan Tourism Agency said on Friday (Oct 9). The government sees the...

Markets

Central banks sketch out digital currency as China forges ahead

A group of seven major central banks including the U.S. Federal Reserve set out on Friday how a digital currency could look like to help catch up with China's "trail blazing" and leapfrog private projects like Facebook Inc's Libra stablecoin.

Markets

Nokia wins Orange Belgium’s 5G contract, Huawei says ‘fair competition’

Orange Belgium , a subsidiary of France's Orange , said on Friday it had selected Nokia's radio gear to renew its existing networks and roll out its future 5G network.

Markets

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