Volkswagen is set to announce new important strategic steps it is planning to make this year, CEO Herbert Diess stated on Wednesday.
Volkswagen's SEAT is expecting its September sales to top the results of the same period last year, the Spanish carmaker's incoming chairman said to Reuters.
Tesla, the US electric carmaker, has launched its Model 3 cars manufactured in China with cobalt-free LFP batteries, Reuters reported on Wednesday.
On Wednesday, Royal Dutch Shell revealed its plans to trim up to 9K job positions, which is more than 10% of the company's workforce amid its low-carbon energy transition plan.
The EU is drafting rules to force large technology groups to share data of their customer with smaller competitors, according to the Financial Times report published on Wednesday.
On Wednesday, Caesars Entertainment, the US casino operator, agreed to acquire William Hill, the UK-based gambling group, in a deal worth £2.9B amid its expansion plans in the rapidly-growing US sports-betting market.
On Wednesday, the President of the European Central Bank Christine Lagarde revealed that a review of ECB policy.
Alibaba's cloud division is expecting profitability within FY2021, a senior executive of the Chinese tech giant said on Wednesday.
On Wednesday, India's Reliance Industries announced that General Atlantic, the private equity firm, is planning to make an investment worth $498.31M in its retail division, sending the company's shares up 1%.
Walt Disney is planning to lay off about 28,000 employees at the company's US theme parks due to the coronavirus pandemic's hit.
EPIC Suisse, the commercial real estate firm, has postponed its initial public offering plans due to market conditions.
On Tuesday, Ironwood Pharmaceuticals announced that it would discontinue development of the treatment, IW-3718 and intended to slash about 100 jobs.
The ADNOC said on Tuesday that UAE's Minister of State Sultan Ahmed Al Jaber met with the Israeli ministers to discuss cooperation opportunities in energy, technology and industry.
According to sources with knowledge of the matter, Alphabet's Google and Fitbit $2.1 billion deal is set to win the EU competition enforcer approval.
TikTok announced on Tuesday that it would launch elections guide to provide users access to information about the US 2020 general elections to help fight misinformation.
The World Bank expects the Malaysian economy to contract 4.9% in 2020, a statement published in its October 2020 Economic Update report shows.
Exports of goods from Vietnam increased by 4.2% in the first nine months of 2020, compared to the same period in 2019, the General Statistics Office reports.
The South Korean business sentiment worsened in September amid an increase in covid cases, data published by the Bank of Korea show.
The Mongolian economy is expected to contract by 2.4% in 2020, the first time since 2009, amid the pandemic, a report published by the World Bank shows.
The South African economy lost around 2.2M jobs in the second quarter of the current year, data released by Statistics South Africa show.
The Bank of Latvia revised its economic forecast to a 4.7% contraction in 2020 from a previous estimate of 7.5%, data published by the bank show.
PATEO, China's smart vehicle equipment supplier, said it had entered talks with potential investors, seeking to raise £114.3M (1.0B yuan) before its planned STAR board listing in Shanghai.
Euro zone's economic sentiment improved above analysts' expectations in September, due to rising optimism in its services sector, official data showed on Tuesday.
According to the National Statistics Institute, Spanish retail sales surged by 1.8% month-over-month in August for the fourth month in succession, signalling a steady recovery after the coronavirus crisis.