Macy's Inc said on Thursday it aimed to save US$400 million to US$550 million annually in the next two to four years, as the department store chain cuts back on discounts, sending its shares up 5per cent in mid-day trading.
Sony launched the Xperia 5, a slimline version of its flagship smartphone, at the IFA consumer electronics fair in Berlin on Thursday as it seeks to strengthen its appeal to its niche audience of video, film and music lovers.
Shares of Slack Technologies Inc tumbled 14per cent, wiping out nearly all their gains since the company's listing in July, after the workplace messaging firm warned of slower revenue growth amid intensifying competition.
Facebook Inc is launching dating services in the United States, the social network said on Thursday.
The House of Representatives' antitrust panel will hold a hearing next week to discuss the effect of consumer data collection by big tech platforms, like Alphabet's Google and Amazon , on online competition.
LVMH's Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as it expands production to meet strong demand in markets like China.
General Motors Co will use embedded Google technology to power navigation, voice activated controls and other vehicle infotainment functions starting in 2021, in a win for Alphabet Inc in the race with Amazon.com and other technology companies to control dashboards.
Facebook Inc is launching dating services in the United States, the social network said on Thursday.
LVMH's Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as it expands production to meet strong demand in markets like China.
World food prices fell for a third month running in August, pushed down by a sharp drop in the prices of sugar, wheat and maize, the United Nations food agency said on Thursday.
