Germany's carmaker Daimler is set to trim fixed costs, R&D and capex expenditure at its Mercedes-Benz brand by over 20% by 2025 amid its intention to take its unit further upmarket.
On Wednesday, the Finance Ministry of japan revealed that the new government has requested a $997 initial budget for the next year.
Apple is planning to hold its special event next week, October 13, that would likely reveal the company's new iPhone devices with 5G capabilities.
US judge is set to hold a hearing on November 4 on the potential banning of transactions with TikTok by the US government.
On Wednesday, Japan's Sharp stated it had signed a licensing deal with Daimler after its patent infringement lawsuit settlement against Germany's carmaker regarding the mobile communications technology.
The US President Donald Trump stated late on Tuesday that Congress should provide $25B in payroll assistance to American passenger airlines furloughing employees as air travel keeps struggling from the coronavirus crisis.
As reported by the Allied Pilots Association, American Airlines has suspended plans to commence Boeing 737 MAX pilots training.
On Tuesday, the UK Financial Conduct Authority said that it would ban crypto-assets products for retail investors.
On Tuesday, the Prime Minister of Northern Cyprus Ersin Tatar announced that the Varosha beach resort would be reopened on October 8.
Boeing's shares fell as much as 3.3% on Tuesday after the US planemaker cut its airplane demand forecast for the next 20 years.
Shares of Logitech and Sonos, the audio device producers, plunged as much as 5.7% and 3.2% respectively on Tuesday after Apple removed their speakers from its online stores.
Apple announced on Tuesday it was planning a special event for October 13, during which it most likely unveil the tech giant's new iPhone devices with 5G capabilities.
On Tuesday, Boeing has cut its 20-year outlook for plane demand to 43,110 jet deliveries, sending the planemaker's shares down 3.3% following the report.
The inflation rate in the Philippines declined to 2.3% in September from 2.4% in August, a statement published by the Philippine Statistics Authority shows.
The economy of Morocco contracted 8.7% in the third quarter of 2020, data published by the Moroccan national statistics office show.
World trade is expected to decline 9.2% in 2020 amid the coronavirus pandemic and increase 7.2% in 2021, a statement published by the World Trade Organization shows.
Boris Johnson stated on Tuesday that the UK would need to know whether or not there would be a trade deal with the EU by October 15.
On Tuesday, Daimler announced it would reduce fixed costs, R&D and capex expenditure by over 20% by 2025 from the prior year's levels amid its Mercedes-Benz repositioning as the luxury brand.
On Tuesday, Alphabet announced that "Google Workspace" has become the new official name for the tech giant's business tools package, which includes document and email editing, replacing the old name, G Suite, introduced in 2016.
Cisco Systems was ordered to pay $1.9B to Virginia's IT company Centripetal Networks, which accused Cisco of copying the cybersecurity patents owned by the firm.
During Tuesday's European trading hours, global stock indices surged to a two-week high, as certainty was caused by the US President returning to the White House.
Faraday Future, the electric vehicle start-up, is in talks over going public via a reverse merger deal with SPAC, its CEO stated.
A joint venture of Toyota Motor and Panasonic are set to build lithium-ion batteries for hybrid vehicles in Western Japan beginning in 2022, according to the company's statement made on Tuesday.
SAP has pledged to allocate about 5% of its spending to diverse businesses and social enterprises by 2025, aiming to encourage greater environmental and social responsibility.