REUTERS: British car dealership Lookers on Friday issued its second profit warning in less than four months and announced the departure of its two top executives. The company expects annual underlying profit to fall by more than two-thirds as the UK car market struggles with dwindling consumer ...
Nissan Motor Co on Friday appointed American Stephen Ma as its next chief financial officer, and said that some veteran executives including Hitoshi Kawaguchi were stepping down, marking the latest shake-up at the automaker.
Asian shares fell on Friday in a weak start to the month and off three-month highs struck this week on fresh concerns over Sino-U.S. trade prospects and ahead of U.S. economic data, while the dollar eased against major rivals.
REUTERS: Australia's Genex Power Ltd on Friday said it won't be able to line up funding for its pumped hydro project until next year, after failing to sign a power sale agreement from the project. The setback knocked the small-capitalisation company's shares down to AUS$0.165, off 39per cent, by...
South Africa's Taste Holdings said on Friday it had sold its Starbucks business for 7 million rand (US$464,200) and was also considering selling others in its food business, including Domino's Pizza, as part of a new plan to become a luxury retail group.
Apple Inc and Taiwan's Wistron Corp are proposing the possibility of directly investing in troubled panel supplier Japan Display , Kyodo News reported on Friday.
JAKARTA: Traveloka, Southeast Asia's largest online travel startup, is looking to financial services to boost profits and could opt for a dual listing in Indonesia and another centre if the group launches an initial public offering (IPO), its president said. The seven-year-old startup joins other ...
Senior government officials in multiple U.S.-allied countries were targeted earlier this year with hacking software that used Facebook Inc's WhatsApp to take over users' phones, according to people familiar with the messaging company's investigation.
Nokia is targeting Malaysian ports in a bid to get a share of the country's fifth-generation (5G) technology market, as the Southeast Asian country prepares to launch the ultra-fast mobile internet service next year.
U.S. job growth likely slowed sharply in October, weighed down by a strike at General Motors , while the unemployment rate is expected to tick up from near a 50-year low of 3.5per cent.
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