Business / World Business

Nintendo hikes Switch sales forecast after bumper year-end 01 Feb 2021 - 11:24 am

Tokyo: Japan's Nintendo Co Ltd on Monday hiked its full-year forecast for Switch games console sales to 26.5 million from 24 million previously...

Mastercard pledges net zero emissions 29 Jan 2021 - 09:16 am

Mastercard is furthering its commitment to create a more sustainable and inclusive digital economy, with a pledge to reach net zero emissions by...

Apple takes top spot in phone market with record shipments 28 Jan 2021 - 02:44 pm

Record iPhone shipments pushed Apple Inc. to the No. 1 position in the global smartphone market as Samsung Electronics Co. and Huawei Technologies...

Historic English shoe-maker counts the costs of Brexit 26 Jan 2021 - 02:48 pm

Northampton, England: At Tricker's, a 192-year-old maker of English luxury shoes beloved by Prince Charles and Japanese fashionistas, relief at averting a no-deal...

Jet engine maker Rolls-Royce cuts 2021 forecasts on travel slump 26 Jan 2021 - 11:35 am

LONDON: Britain's Rolls-Royce downgraded expectations for how much its engines would fly this year and warned of a big cash outflow, blaming extra...

Apple's hardware engineering chief to step down to focus on new project 26 Jan 2021 - 10:09 am

Apple Inc's hardware engineering chief, Dan Riccio, will step down to oversee a new project, the iPhone maker said on Monday, providing few...

Nissan boasts Brexit advantage with rare UK battery supply 22 Jan 2021 - 12:23 pm

Nissan Motor Co. has emerged from Brexit with an edge over rivals that lack a U.K. battery supply chain, a big relief for...

KIA reveals new brand purpose, future strategy 18 Jan 2021 - 09:08 am

Doha: KIA has announced new details of its new brand purpose and ambitions for the future during a digital showcase event. Supported by...

After long journey, Fiat Chrysler and PSA seal merger to become Stellantis 16 Jan 2021 - 03:27 pm

Milan: Fiat Chrysler and PSA sealed their long-awaited merger on Saturday to create Stellantis, the world's fourth-largest auto group with deep enough pockets...

Failed French supermarket deal unlikely to dampen ambitions of Canada's Bouchard 16 Jan 2021 - 03:20 pm

MONTREAL/QUEBEC CITY: Political opposition that killed Canadian convenience store operator Alimentation Couche-Tard's $20 billion bid for French retailer Carrefour on Friday is unlikely...

Wells Fargo 4Q profit rose 4%, tops Street estimates 15 Jan 2021 - 05:08 pm

SILVER SPRING, Md.: Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year...

Uniqlo owner Fast Retailing's operating profit beats pre-pandemic level 14 Jan 2021 - 04:57 pm

TOKYO: The owner of Japanese clothing chain Uniqlo said on Thursday its quarterly operating profit beat pre-pandemic levels, boosted by China's resurgence and...

Marriott, BlueCross suspend donations to U.S. lawmakers who voted against Biden certification 10 Jan 2021 - 11:27 pm

WASHINGTON/NEW YORK - Marriott International Inc, the world's largest hotel company, and the Blue Cross Blue Shield Association (BCBSA) said Sunday they will...

Elon Musk overtakes Amazon's Bezos to become world's richest person: Bloomberg News 07 Jan 2021 - 06:53 pm

Tesla Inc chief and billionaire entrepreneur Elon Musk surpassed Amazon.com Inc's top boss Jeff Bezos to become the world's richest man, Bloomberg News...