China auto sales up for second straight month after almost two-year slump
China’s auto sales in May rose 14.5% from the same month a year earlier, industry data showed on Thursday, the second consecutive month of increase...
Asia stocks snap winning streak, bonds rally on downbeat Fed
Asian shares retreated on Thursday as a gloomy outlook from the U.S. Federal Reserve challenged market optimism on the global economy, while bonds rallied on...
Nokia to replace also CFO in management revamp
Finnish telecoms network maker Nokia said on Thursday it has appointed Marco Wiren as chief financial officer following changes of its chairman and chief executive...
Asia stocks break winning streak, bonds rally on sober Fed
Asian shares swung lower on Thursday while bonds rallied after a downbeat economic outlook from the U.S. Federal Reserve stoked speculation it would have to...
‘Fifty drivers fight for one order’: Southeast Asia gig economy slammed by virus
Indonesian motorcycle taxi driver Aji chain-smokes and checks his smartphone constantly while waiting for orders by the roadside in downtown Jakarta on a hot June...
Factbox: How ride-hailers around the world are coping with the virus pummeling
Battered by lockdowns and movement restrictions in the coronavirus pandemic, ride-hailers around the world are cutting jobs and pay, and slashing other costs. In Southeast...
Despite pandemic, new U.S. solar capacity will grow 33% in 2020
New U.S. solar installations will increase by a third this year, a report published on Thursday showed, as soaring demand by utilities for carbon-free power...
U.S. weekly jobless claims seen declining further, but millions still unemployed
Layoffs in the United States are abating, but millions who lost their jobs because of COVID-19 continue to draw unemployment benefits, suggesting the labor market...
Zoom suspends U.S.-based activists’ account after Tiananmen event
Zoom Video Communications temporarily shut the account belonging to a group of U.S.-based Chinese activists after they held an event to commemorate the 31st anniversary...
Walmart to stop keeping ‘multicutural’ beauty products in locked display cases
Walmart Inc will stop keeping personal care products designed for people of color in locked display cases, the retailer said, after the practice drew flak...