UNITED Overseas Bank (UOB) and Getz, a food and beverage (F&B) payment and ordering platform provider, have tied up to provide merchants with lower food delivery transaction fees and marketing.
Daimler said on Thursday it will stop building Mercedes-Benz sedans in the United States and Mexico as part of cost-cutting measures to streamline production, after saying it will post a smaller-than-expected operating loss in the second quarter.
REUTERS: Netflix Inc on Thursday said its subscriber growth during the coronavirus pandemic would slow even more than Wall Street expected during the third quarter, sending its shares tumbling more than 10per cent in after-hours trading. The company also elevated Ted Sarandos to co-chief ...
Netflix Inc on Thursday forecast paid subscriber additions for the third quarter below estimates, in an early sign that the lockdown boost to streaming may be waning as stay-at-home orders ease, sending shares down 10per cent. The company said it expects to add 2.5 million paid subscribers ...
MUNICH: The former head of a key subsidiary of Wirecard, who was arrested earlier this month, has admitted wrongdoing to prosecutors for his role in a multi-billion-euros fraud, his lawyer said on Thursday. It is the first known confession of wrongdoing in the collapse of one of Germany's biggest...
Daimler on Thursday said it will post an operating loss of 1.68 billion euros (US$1.91 billion) in the second quarter, pre-releasing earnings following a better than expected market recovery, the carmaker said.
The U.S. economic recovery showed signs of plateauing last week as the country battled rising coronavirus case counts and an increasingly fractured government response, according to data from a broad set of industry and government sources.
The S&P 500 dipped from a five-week high on Thursday, pulled lower by Microsoft Corp and Apple Inc , as concerns about the economic toll from rising coronavirus cases were heightened by data showing elevated levels of unemployment claims.
A senior Bridgewater Associates LP executive was only making a guess that former employees used trade secrets to compete against the world's largest hedge fund firm, according to an arbitration ruling made public on Thursday that rejected the firm's claim.
White House economic adviser Larry Kudlow told reporters such a move would be a better option than a ban on the app, which was threatened by State Department Secretary Mike Pompeo against the company earlier this month.
