Daimler set to shrink by shifting to EVs

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Source: Dukascopy Bank SA
Daimler is set to become a smaller company in five years, as it seeks to shift its focus to manufacturing electric self-driving vehicles; a decision that is likely to result in job cuts.
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Fri, 13 Nov 2020 05:42:37 GMT

Disney posts better-than-expected revenue

Walt Disney posted better-than-expected quarterly revenue on Thursday due to live sports return to ESPN and the recovery of the company's theme parks after shutdowns caused by pandemic.

Fri, 13 Nov 2020 03:58:08 GMT

Sony's new PS5 console sold out online

On Thursday, Sony's next-generation new console PlayStation 5 has been rolled out online in core markets and was sold out in the US and Japan amid surging demand for gaming caused by the coronavirus pandemic.

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