The world's five largest oil companies collectively cut the value of their assets by nearly US$50 billion in the second quarter, and slashed production rates as the coronavirus pandemic caused a drastic fall in fuel prices and demand.
Chinese entrants in the race to put autonomous vehicles on the road are bringing "robotaxis" online in hopes that a hired-car format can be the key to unlocking wide acceptance of the futuristic technology.
Twitter Inc has approached TikTok's Chinese owner ByteDance to express interest in acquiring the U.S. operations of the video-sharing app, two people familiar with the matter told Reuters, as experts raised doubts over Twitter's ability to put together financing for a potential deal.
Barclays Plc is being probed by the United Kingdom's privacy watchdog, the Information Commissioner's Office (ICO), over allegations that the British bank spied on its staff, the agency said on Sunday.
Twitter Inc has held preliminary negotiations about a potential combination with TikTok, the Wall Street Journal reported on Saturday, citing sources.
Singaporeans have come to see plastic bags as an entitlement and an expected part of retail service, says NUS Business School’s Sumit Agarwal.
Eastman Kodak Co's US$765 million loan agreement with the U.S. government to produce pharmaceutical ingredients has been put on hold due to "recent allegations of wrongdoing," the U.S. International Development Finance Corp (DFC) said.
Huawei Technologies Co will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows.
Huawei Technologies Co will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows.
Nokia's new chief executive Pekka Lundmark said he will take time to re-acquaint himself with the Finnish telecom equipment maker as he works toward setting a strategy, as the company jostles for position in the highly political 5G race.
