Korean Air says to issue new shares worth about $817 million
South Korea’s largest airline, Korean Air , said on Wednesday its board decided to sell about 1 trillion won ($816.55 million) in shares to raise...
Japan stands by its integrated resort policy despite Sands’ move
Japan has no plan to change its schedule regarding the launch of integrated resorts (IR) – Las Vegas-style complexes that include casinos and shopping arcades...
Amazon expects to extend France warehouse closures to May 18
Amazon plans to extend until May 18 the closure of its six French warehouses, which have been closed since April 16 after court rulings ordering...
Maersk sees drop in global container demand this year
Shipping group A.P. Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic, sending its shares down sharply....
Aston Martin posts deep quarterly loss as pandemic slams brakes on sales
Aston Martin posted a deep first-quarter loss after sales dropped by nearly a third due to the impact of the coronavirus crisis, though the luxury...
Amazon plans to extend France warehouse closures to May 18
Amazon plans to extend the closure of its French warehouses until May 18, the U.S. e-commerce giant said on Wednesday....
Asian shares rebound as some traders temper pessimism
Asian shares recovered early losses and crept into positive territory on Wednesday, but stock futures pointed to a lower European open as worries about a...
Aston Martin posts deep loss as coronavirus outbreak hits sales
Aston Martin posted a first-quarter pretax loss of 119 million pound ($146 million) after sales dropped by nearly a third due to the impact of...
Sony reports 57% drop in fourth-quarter profit, declines to give outlook
Japan’s Sony Corp on Wednesday reported a 57% drop in fourth-quarter operating profit and refrained from providing an outlook for the current year due to...
Maersk meets first-quarter revenue forecasts but warns on container sector outlook
Shipping group A.P. Moller-Maersk posted first-quarter revenue in line with expectations on Wednesday but warned about a drop of as much as 25% in global...