Hitachi Ltd is moving to scrap a remnant of one of Japan Inc's most famous practices: seniority-based pay.
As with the dot-com bubble, an abundance of venture capital funding has fuelled speculation and encouraged investors to make bets on the next tech giant, says Professor John Colley.
China has shifted towards domestic consumption, investment and development for growth in the last decade, says Zhang Jun.
U.S. Attorney General William Barr took aim at Hollywood companies, including Walt Disney Co on Thursday as well as large technology firms like Apple, Alphabet's Google and Microsoft Corp over company actions with China.
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.
