German automaker Volkswagen AG expects a slight growth in China's premium car segment this year despite a slide in broader market sales, a senior executive said.
The COVID-19 pandemic is accelerating the remaking of Thailand's automotive industry, the backbone of Southeast Asia's auto sector, as factory shutdowns compound a shift toward electric vehicles.
British Airways, the world's largest operator of Boeing 747, said late Thursday it would retire its entire jumbo jet fleet with immediate effect due to the downturn in travel industry caused by the coronavirus pandemic.  
SINGAPORE: Singapore’s non-oil domestic exports (NODX) grew 16.1 per cent in June from a year ago, bolstered by shipments of pharmaceuticals, specialised machinery and electronics. The surprise jump is a reversal of May's revised 4.6 per cent decline, and higher than the 6.2 per cent increase ...
Microsoft Corp said on Thursday it had trimmed its workforce across geographies and teams as it entered a new fiscal year from July 1.
The dollar held onto gains against most currencies as worries that a resurgence in the coronavirus is starting to curb economic activity drew safe-haven flows into the U.S. currency.
The Kincade wildfire in California's wine country last October that forced some 2,000 people to flee homes was caused by PG&E Corp's electrical transmission lines, the state's Department of Forestry and Fire Protection (Cal Fire) said on Thursday.
Netflix Inc on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings.
Travel company TUI will offer travellers free coronavirus insurance starting this weekend, a German media group reported on Friday.
New York Governor Andrew Cuomo on Thursday announced an investment program that would allocate US$750 million to build charging stations and other electric-vehicle infrastructure as part of the state's long-term goal to reduce emissions.
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