German luxury carmaker Daimler said on Wednesday that its plan to spin off Daimler Trucks will allow the world's largest truck and bus maker to become more profitable and focus more on developing technologies to cut carbon emissions.
BEIJING: Beijing-based ByteDance plans to move the chief of its Chinese news aggregator Jinri Toutiao, Zhu Wenjia, to Singapore to head global research and development for its hit short video app TikTok, two people familiar with the matter said. The role is newly created and would be the first...
German reinsurance group Munich Re expects net profit to bounce back this year after more than halving in 2020 as the coronavirus crisis helped drive claims to a near-decade high.
Carmaker Aston Martin said a turnaround plan would see it takes the first steps towards profitability and boost sales this year after a deep loss in 2020 when the firm raised fresh funding, changed boss and was hit by the pandemic.
GameStop Corp's Frankfurt-listed shares surged 180per cent in premarket trading on Thursday after the videogame retailer's U.S. stock more than doubled in late trading in the previous session.
Virtual work parties? You can't really mingle with colleagues, or dance with them, and it's tough to get in the disco mood in your home office. On the other hand, you can't spread disease, you don't have to traipse home and there's no chance of an ill-advised amorous encounter....
With the price of copper reaching a 10-year high thanks in no small part to China's insatiable appetite, Chile, the world's leading producer, faces a "unique" opportunity, experts told AFP.
HONG KONG: Hong Kong residents are buying more houses and apartments to lease out for income in Britain, property agents say, a trend that coincides with what many expect to be a wave of emigration after China passed a national security law last year. Hong Kongers became the fifth...
RHB on Thursday upgraded OCBC to "buy" from "neutral", with a higher target price (TP) of S$12.50 from S$9.50 previously. At least two other research houses also raised their targets on the counter.
Traveloka, Southeast Asia's largest online travel startup, plans to launch financial services in Thailand and Vietnam as it eyes a U.S. listing through a blank-cheque company, its president said.
