TOKYO: Financial forecasts and the COVID-19 pandemic are impacting all parts of Sony's business, but the PlayStation 5 console will be released as scheduled. Sony said Wednesday (May 13) as part of an earnings report that there is no reason to delay the public release of its latest gaming console...
Japan's SoftBank Group Corp , a shareholder in some of Latin America's largest food delivery companies, expects consolidation in most markets, a senior executive said on Wednesday.
U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some economists' predictions for a brief period of deflation as the novel coronavirus depresses demand.
EU officials are seeking to finalise a plan for public stakes to be taken in key European companies to shield them from the economic fallout of the COVID-19 pandemic, three sources familiar with the matter told Reuters.
VIENNA: Shares in AMS fell by 11per cent on Wednesday following news the sensor maker, best known as a supplier to Apple, was seeking approval for a capital raise. AMS supplies sensors for Apple face recognition technology on iPhones and is in the process of buying Osram, the leading...
Amazon.com Inc on Wednesday launched three new versions of its Fire tablets with more storage and faster performance.
NEW YORK: Wall Street bonuses for 2020 could fall by as much as 25per cent-30per cent due to the deep cuts to revenues recorded by banks and hedge funds earlier this year as a result of the novel coronavirus, according to a report published Wednesday by compensation consulting firm...
Tesla Inc and officials in California have resolved their acrimonious clash over safety procedures at the automaker’s sole U.S. assembly plant with a deal that allows production to resume as early as Monday, county officials said.
U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, which could bolster some economists' predictions for a brief period of deflation as the novel coronavirus depresses demand.
MILAN/PARIS: French luxury house Chanel said on Wednesday it was increasing prices on its handbags and some small leather goods worldwide to take into account a rise in the cost of raw materials amid the coronavirus pandemic. In an emailed statement responding to a Reuters query, Chanel said the...
