Stockholm: Swedish clothing retail giant Hennes and Mauritz (H&M) reported a better than expected third quarter profit on Thursday, but said it was...
Stockholm: Swedish clothing retail giant Hennes and Mauritz (H&M) reported a better than expected third quarter profit on Thursday, but said it was...
DETROIT: On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other structural...
LOS ANGELES: Walt Disney Co said on Tuesday it will lay off roughly 28,000 employees, mostly at its U.S. theme parks, where attendance...
Chinese consumers are finally starting to spend again after the pandemic-induced slump, but the recovery is unbalanced and overly reliant on luxury goods,...
Amazon.com Inc, the world's biggest online retailer, announced the launch of a climate-friendly program on Wednesday to help customers shop for sustainable products,...
Reliance Industries Ltd. has asked local suppliers to ramp up production capacity in India so they can make as many as 200 million...
LONDON: Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive...
On August 28, 2020, Shinzo Abe announced his resignation as prime minister of Japan. The decision followed a deterioration of his health and...
LONDON: Shareholders in educational publisher Pearson sanctioned the appointment of former Disney executive Andy Bird as CEO on Friday, accepting the need to...
British Airways is expecting to cut as many as 10,000 jobs due to the Covid-19 pandemic even as the airline reached deals or...
Paris: The global recession this year will not be as deep as expected as a result of countries' efforts to counter the economic...
LONDON: London judges have ruled that some of the world's biggest insurers were wrong to reject tens of thousands of claims from small...
NEW YORK: Lego said Tuesday that it will stop using plastic bags inside its boxed sets and replace them with paper ones. The...
New York: Online giant Amazon on Monday announced it would create 100,000 new jobs in the United States and Canada as it opens...
OAKLAND, California: Alphabet Inc's Google aims to power its data centers and offices solely with renewable energy by 2030, its chief executive told...
NEW YORK: Amazon said Monday that it will be hiring another 100,000 people to keep up with a surge of online orders. The...
LONDON: Tesla is in discussions with Canadian miner Giga Metals about helping to develop a large mine that would give the electric carmaker...
Paris - French luxury giant LVMH said Thursday it would counter-sue US jeweller Tiffany, accusing it of "dishonesty" as their plans for a...
