KUALA LUMPUR (Reuters) – Chinese car maker Geely will invest $10 billion to develop Malaysia’s main auto-making hub, state news […]
Court rules against Uber in major win for California workers
By Daniel Wiessner (Reuters) – Uber Technologies Inc must face a California lawsuit claiming it should have covered UberEats drivers’ […]
BNY Mellon beats second-quarter profit estimates on higher rates
(Reuters) – Bank of New York Mellon Corp beat Wall Street targets for second-quarter profit on Tuesday as the U.S. […]
Germany’s ProSiebenSat. 1 to cut 400 jobs in push towards digital
BERLIN (Reuters) -German media group ProSiebenSat.1 will cut 400 full-time positions, the company said on Tuesday, as part of restructuring […]
China SMIC chairman resigns, replaced by chemical industry veteran
SHANGHAI (Reuters) – Semiconductor Manufacturing International Corp (SMIC) said Chairman Gao Yonggang has resigned, marking the latest board level departure […]
Evergrande’s liabilities, depleted coffers raise business viability concerns
By Clare Jim HONG KONG (Reuters) – China Evergrande Group’s huge liabilities and diminishing cash disclosed in its long-overdue reports […]
Ghosn says Nissan, Renault are going for mini alliance with rebalancing deal
TOKYO (Reuters) – Former Nissan Motor chairman Carlos Ghosn said on Tuesday the Japanese automaker and Renault are trying to […]