A South Korean city council on Wednesday green lit a revised plan for a low-wage automaking joint venture with Hyundai Motor, setting the stage for the construction of the car maker’s first factory at home in more than two decades.
Car industry businessman Carlos Ghosn is having to battle an army that is against him, Ghosn told Les Echos business newspaper and Agence France Presse in an interview published on Thursday, as he remains in custody in a Japanese prison.
Royal Dutch Shell vowed to stick to spending discipline this year even as 2018 profits jumped by more than a third to their highest since 2014 at $21.4 billion.
China and the United States are ahead of the global competition to dominate artificial intelligence (AI), according to a study by the U.N. World Intellectual Property Organization (WIPO) published on Thursday.
Swatch Group said business slowed in the last three months of 2018 hit by a downturn in Asia and France, leading the Swiss watchmaker to post lower-than-expected results for the full year and sending its shares seven percent lower.
Telecoms equipment maker Nokia forecast a soft first half on Thursday after beating fourth-quarter profit and sales expectations.
Telecoms equipment maker Nokia forecast a soft first half on Thursday after beating fourth-quarter profit and sales expectations.
Carlos Ghosn remains in very difficult conditions in his Japanese prison cell, Ghosn’s French-based lawyer Jean-Yves Leborgne told French radio station RTL on Thursday.
Fashion retailer H&M reported an unexpected fall in quarterly pretax profit on Thursday, hit by lingering costs to upgrade its logistics, but kept its dividend unchanged while assuring investors its group-wide overhaul was gaining traction.
Japan’s Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday buoyed by strong software sales of its hybrid home-portable Switch console, though it cut its full-year hardware forecast for the device.
Swedish fashion retailer H&M reported on Thursday an unexpected fall in fiscal fourth-quarter pretax profit, hit by lingering costs to upgrade its logistics systems, but kept its annual dividend payout unchanged.
Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by flat volume growth in developed markets.
Japan’s Nintendo Co Ltd reported a 36 percent jump in quarterly operating profit on Thursday, beating market expectations, buoyed by strong software sales of its hybrid home-portable Switch device.
Royal Dutch Shell reported a 36 percent rise in 2018 profits on Thursday to $21.4 billion, the highest since 2014, beating forecasts as cost savings kicked in.
Sri Lanka has halted imports of Johnson & Johnson Baby Powder until the company proves its product is free from cancer-causing asbestos, two government officials and the product’s local distributor told Reuters.
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