Samsung Electronics said on Wednesday that it would invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business.
Nissan Motor Co Ltd could be heading for a bigger-than-expected earnings drop due to weakness in its top markets, just as it adjusts to a future without Carlos Ghosn and grapples with the outlook of its alliance with France’s Renault SA.
Didi Mobility Japan, a joint venture (JV) by China’s Didi Chuxing and SoftBank Corp, said on Wednesday that it would expand its taxi-hailing service to 13 cities across Japan.
Tesla Inc, struggling with delay in delivery of its higher-priced Model S and X luxury cars, said on Tuesday it will bring back lower-priced options for those cars and roll out upgrades to improve their driving range and re-charging speed.
Top U.S. lawmakers on Tuesday wrote to Google’s chief executive raising concerns about reports of a massive database known as Sensorvault that allegedly contains precise consumer location information from hundreds of millions of devices.
Japan’s SoftBank Group Corp is looking to acquire a 5 percent stake in German payments company Wirecard AG, Bloomberg reported on Tuesday, citing people familiar with the matter.
Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels.
U.S. Treasury Secretary Steven Mnuchin said on Tuesday he cannot comply with a demand by a House of Representatives committee to turn over President Donald Trump’s tax returns “until it is determined to be consistent with law.”
Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs.
Nissan Motor Co Ltd will announce on Wednesday a large-scale cut to its earnings outlook for the fiscal year that ended in March, TV Tokyo reported, adding to the company’s woes as it grapples with the arrest of former Chairman Carlos Ghosn.
PG&E Corp can pay employees up to $350 million in bonuses this year to spur them to help meet the bankrupt California power provider’s safety goals to prevent wildfires, a judge said on Tuesday.
Boeing Co has told some 737 MAX owners it is targeting U.S. Federal Aviation Administration approval of its software fix as early as the third week of May and the ungrounding of the aircraft around mid-July, two sources told Reuters.
U.S. President Donald Trump met with Twitter Inc’s Chief Executive Jack Dorsey on Tuesday and spent a significant time questioning him about why he has lost some Twitter followers, a person briefed on the matter said.
EBay Inc raised its full-year sales and profit forecasts on Tuesday, as user-friendly changes to its ecommerce platforms attracted more customers and also increased its advertising revenue.
Drugstore retailers Walgreens Boots Alliance Inc and Rite Aid Corp will no longer sell tobacco products to customers who are below 21 years old, amid a crackdown on widespread teenage tobacco use.
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