SHANGHAI: China's civil aviation authority has urged domestic carriers to continue flying international routes as they consider cuts in response to a drop in demand due to the coronavirus outbreak, state news agency Xinhua reported on Tuesday (Feb 4). Airline capacity is being axed in the world's ...
AirAsia's colourful chief executive Tony Fernandes has stepped aside from the company while authorities probe unusual payments at the Malaysian carrier, as the fallout from a $4 billion bribery fine at Airbus reverberates across the industry.
Sony Corp on Tuesday raised its annual profit outlook on the back of strong sales of image sensors for smartphones, after the company reported a smaller-than-expected decline in third-quarter profit.
Chinese policymakers are readying measures to support an economy jolted by a coronavirus outbreak that is expected to have a devastating impact on first-quarter growth, policy sources said.
A German firm backed by bottled water giant Danone plans to launch a sparkling-water machine for the home early next year, its chief executive told Reuters, squarely taking aim at PepsiCo's SodaStream.
LONDON: Britain will ban the sale of new petrol and diesel cars from 2035, five years earlier than planned, Prime Minister Boris Johnson will say on Tuesday (Feb 4) as he announces details of a UN climate summit due to take place in Glasgow in November. Johnson will launch COP26,...
Sony said Tuesday net profit fell more than 30 percent in the nine months to December, but upgraded its annual net profit forecast on solid growth in its image sensor and financial services sectors.
BEIJING: Online games and short video apps have been among the few beneficiaries of China's virus outbreak, raking in millions of views and downloads as people stuck in self-quarantine at home seek entertainment and ways to beguile their time. The shift has even drawn companies more used to doing...
Mitsubishi UFJ Financial Group Inc (MUFG) , Japan's largest lender by assets, on Tuesday posted 25.7 billion yen (US$236 million) net loss in the third quarter, as its banking unit booked a one-off charge on an Indonesian subsidiary.
Danish jewelry maker Pandora's fourth-quarter operating profit on Tuesday beat forecasts despite disappointing sales in China while it said its 2020 organic sales growth is expected to fall by 3per cent-6per cent.
