Markets

A German firm backed by bottled water giant Danone plans to launch a sparkling-water machine for the home early next year, its chief executive told Reuters, squarely taking aim at PepsiCo's SodaStream.

LONDON: Britain will ban the sale of new petrol and diesel cars from 2035, five years earlier than planned, Prime Minister Boris Johnson will say on Tuesday (Feb 4) as he announces details of a UN climate summit due to take place in Glasgow in November. Johnson will launch COP26,...

Sony said Tuesday net profit fell more than 30 percent in the nine months to December, but upgraded its annual net profit forecast on solid growth in its image sensor and financial services sectors.

BEIJING: Online games and short video apps have been among the few beneficiaries of China's virus outbreak, raking in millions of views and downloads as people stuck in self-quarantine at home seek entertainment and ways to beguile their time. The shift has even drawn companies more used to doing...

Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender by assets, on Tuesday posted 25.7 billion yen (US$236 million) net loss in the third quarter, as its banking unit booked a one-off charge on an Indonesian subsidiary.

Danish jewelry maker Pandora's fourth-quarter operating profit on Tuesday beat forecasts despite disappointing sales in China while it said its 2020 organic sales growth is expected to fall by 3per cent-6per cent.

Takeda Pharmaceutical Co Ltd said it now expects an operating profit for the full year, as opposed to its earlier projection for a loss, due to sales of its main products and cost savings from its integration with Shire Plc.

MAINBOARD-LISTED Yoma Strategic Holdings' Myanmar-based joint venture (JV), Wave Money, is giving its customers in Myanmar access to merchants of payments platform 2C2P through a tie-up.

For the first time in nearly 50 years, the U.S. Food and Drug Administration will examine asbestos testing for talc powders and cosmetics at a hearing on Tuesday.

YANGON: Myanmar has reimposed an internet shutdown in two conflict-torn western states, after partially lifting the blackout five months ago, a leading telecoms operator said late on Monday. Norwegian mobile operator Telenor Group said in a statement the transport and communications ministry had ...