General Motors to lay off all 1,500 plant workers in Thailand following sale
General Motors will begin laying off around 1,500 employees in Thailand in June, after announcing the sale of its production plants in the country, a...
Hyundai Motor chairman to give up board seat as succession looms
Hyundai Motor Group Chairman Mong-Koo Chung plans to give up his board seat, in the latest sign that the octogenarian patriarch of South Korea’s second-largest...
Adidas’ China business activity falls 85% due to coronavirus
German sportswear maker Adidas said on Wednesday that business in the Greater China area had dropped by about 85% year-on-year as the coronavirus outbreak has...
Exclusive: Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns – EU paper
Vodafone and Telekom Italia have offered to allow rivals access to sites in some cities for up to nine years, a proposal aimed at allaying...
Qatar Airways ups holding in BA-owner IAG to 25.1% with new $600 million stake
Qatar Airways has bought a $600 million stake in British Airways-owner IAG to increase its holding to 25.1%, advancing its strategy of building a global...
Exclusive: Unilever, 3M on list of firms eligible for China loans to ease coronavirus crisis – sources
Shanghai has compiled a list of firms, including local units of multi-nationals Unilever PLC and 3M Co , as eligible for millions of dollars in...
Exclusive: India antitrust investigators see no evidence of collusion by IndiGo, SpiceJet and others – sources
Investigators with India’s antitrust watchdog have found no evidence that the country’s biggest airline, IndiGo , and four rival carriers colluded to fix ticket prices,...
Metro Bank names interim boss Dan Frumkin CEO
Metro Bank’s interim chief executive officer, Dan Frumkin, will take over the CEO role on a permanent basis, the British lender said on Wednesday....
Qatar increases its stake in BA-owner IAG to 25.1%
Qatar Airways Group said on Wednesday it had increased its holding in British Airways-owner IAG to 25.1%, buying another stake worth $600 million as part...
Their market shut, traders in China’s Silicon Valley do business from bags
While coronavirus fears curtail much of China’s bustle, traders are getting back to business at the world’s largest electronics market, buying and selling from bags...