Japan's Honda Motor Co Ltd will pick up a 1per cent stake in electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) and the two will jointly develop EV batteries, the Chinese firm said in a filing on Friday.
Britain will suffer the sharpest peak-to-trough economic slump of any major economy this year, rating agency Moody's warned on Friday, while its debts as a share of GDP will surge by 24 percentage points.
KYIV: Ukrainian state company Pivdenmash, a leading producer of rocket boosters, will make 5,000 electric buses for South Korean firm Caris, Ukrainian Prime Minister Denys Shmygal said on Friday. He said the total value of the contract was almost US$850 million and the deal was one of the largest...
Japan Display Inc aims to bring some automotive panel production back to Japan after the novel coronavirus outbreak disrupted its supply chain in China, a company executive said on Friday.
MUMBAI: India reported a record 26,506 new coronavirus cases on Friday (Jul 10) as authorities reimposed lockdowns in its most populous state and in an industrial hub, home to automakers, drug factories and brewers. The new cases pushed India's tally to nearly 800,000 cases, the world's third ...
Forced to cancel a popular on-site tour due to the coronavirus pandemic, the Bank of Japan created a virtual one that takes viewers through the brick corridors, dome-roofed rooms and even an underground vault of its century-old headquarters online.
European shares extended losses for a fourth straight session on Friday on worries that an economic recovery may fizzle out as coronavirus cases continue to rise globally.
Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis.
Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17per cent off its share price, left it with a hefty compensation bill and exposed it to accusations of covering up the full extent of the damage.
The economic fallout from the COVID-19 pandemic has negatively impacted about 31 million workers in Vietnam, with 900,000 out of work and nearly 18 million people receiving less income than before, a government agency said on Friday.
