French video game maker Ubisoft said it was bringing in "profound changes" following allegations of inappropriate behaviour at the group, as it reported higher-than-forecast net bookings for its fiscal first quarter.
Microsoft Corp's flagship cloud computing business Azure reported quarterly sales growth of under 50per cent for the first time ever on Wednesday, sending the tech giant's shares down 2per cent.
South Korea's SK Hynix, the world's No.2 memory chip maker, on Thursday warned of uncertainty in the second half of 2020 after its second-quarter operating profit tripled, beating analysts' forecasts thanks to higher chip prices.
More than half of U.S. companies surveyed by benefits company Mercer are starting COVID-19 contact tracing programs in their workplace with employees venturing back to offices even as new cases soar nationally.
SEOUL: The South Korean economy plunged into recession in the second quarter in its worst decline in more than two decades as the COVID-19 pandemic battered exports and social distancing curbs paralysed factory output. Asia's fourth-largest economy shrank by a seasonally adjusted 3.3 per cent in ...
WASHINGTON: The U.S. government will pay nearly US$2 billion to buy enough of a COVID-19 vaccine being developed by Pfizer Inc and German biotech BioNTech SE to innoculate 50 million people if it proves to be safe and effective, the companies said on Wednesday. The contract for 100 million...
Asian stocks were likely to come under pressure on Thursday as fresh diplomatic tensions between Washington and Beijing heightened investor jitters and overshadowed the boost to Wall Street from U.S. stimulus hopes.
China aims to launch a rover to Mars this week on a journey coinciding with a similar US mission as the powers take their rivalry into deep space.
Argentina could cede ground to creditors on key legal terms as it looks to strike a deal to restructure around US$65 billion in foreign debt, but the government will not increase overall cash flow in the payout, two sources told Reuters.
Tesla Inc on Wednesday beat analysts' estimates for second-quarter revenue, helped by better-than-expected vehicle deliveries despite disruptions caused by the coronavirus crisis.
