Volvo Car Group has struck a deal to buy out parent company Geely Holding from their joint ventures in China, in a move that could make a potential initial public offering (IPO) for the Swedish automaker more attractive to investors.
TOKYO: Japan's factory output likely rebounded in June from the prior month's drop, while retail sales growth was expected to slow as new coronavirus infections dampened consumer confidence, a Reuters poll showed on Wednesday (Jul 21). The mixed data forecast comes as Tokyo prepares to host the ...
SINGAPORE: Of the 18 nightspots that received a government grant to pivot to food and beverage (F&B) operations, two were karaoke businesses. But none of the establishments that are currently in the KTV COVID-19 cluster received such grants, said the authorities on Wednesday (Jul 21). As of ...
Suzuki Motor Corp and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corp, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars.
SHANGHAI: Ant Group's money market fund Yu'e Bao shrank nearly 20per cent in size in the second quarter, according to Tianhong Asset Management Co Ltd, which manages the fund. The net asset value of Yu'e Bao stood at 780.8 billion yuan (US$120.59 billion) at the end of June, according...
STOCKHOLM: Swedish payments firm Trustly, which is aiming for a stock market listing, reported a solid rise in second-quarter sales and profits on Wednesday. Trustly in May delayed its plans for an initial public offering following comments by Sweden's financial regulator about the company's ...
REUTERS: Chemicals used in air conditioning, freezers and refrigeration have long hurt the environment by destroying the ozone layer and polluting water sources, but technology is starting to change the way we keep cool. Phononic, a startup based in Durham North Carolina using a material ...
Suzuki Motor Corp and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corp, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars.
When SoftBank Group Corp's CEO Masayoshi Son unveiled the wide-eyed android Pepper in 2014, he painted a vision, once confined to science fiction, of a new era of personal robots in which his company would be the industry leader.
Japan's factory output likely rebounded in June from the prior month's drop, while retail sales growth was expected to slow as new coronavirus infections dampened consumer confidence, a Reuters poll showed on Wednesday.
