American Airlines Group Inc reported its second consecutive quarterly loss on Thursday, as the coronavirus crisis crushed demand for air travel.
Amazon.com Inc is in talks to buy a 9.9per cent stake in the retail arm of Indian conglomerate Reliance Industries Ltd, ET Now reported on Thursday, citing sources.
Southwest Airlines Co on Thursday warned that travel demand would remain depressed until a vaccine or treatment for COVID-19 becomes available, as it posted a US$915 million loss for the second quarter.
The chief executives of four of the largest U.S. tech companies plan to deflect criticism next week in a Congressional hearing into their use of market power to hurt rivals by saying they themselves face competition and by debunking claims they are so dominant.
France's newly-appointed Environment Minister Barbara Pompili said on Thursday she would push to pause the development of warehouses used by online businesses such as Amazon, in a possible setback for the e-commerce giant.
Volkswagen AG , Europe’s largest automaker, is expanding its cloud-based software and data portal, aiming to develop it into an industry-wide marketplace where business customers can buy and sell industrial applications, the company said on Thursday.
Volkswagen AG, Europe’s largest automaker, is expanding its cloud-based software and data portal, aiming to develop it into an industry-wide marketplace where business customers can buy and sell industrial applications, the company said on Thursday.
SINGAPORE: Marina Bay Sands (MBS) has reported an earnings before interest, tax, depreciation and amortisation (EBITDA) loss of US$113 million in the second quarter of 2020, a period that coincided with Singapore's COVID-19 "circuit breaker" period. The figure is in contrast with the US$346 ...
Tesla Inc boss Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power the company's electric cars, warning the current cost of batteries remained a big hurdle to the company's growth.
Flipkart said on Thursday it had acquired parent Walmart Inc's local cash-and-carry business, as the e-commerce firm strengthens its wholesale offerings to compete better with Amazon.com Inc.
