India has ordered telecom companies and other internet providers to stop access to 59 banned Chinese-origin apps, according to notices seen by Reuters, intensifying efforts to crack down on such businesses following a border clash between the nations.
U.S. employers announced an additional 170,219 job cuts in June as the recession caused by the COVID-19 depresses demand and pushes companies into bankruptcy, a report showed on Wednesday.
Macy's Inc on Wednesday reported a US$3.58 billion loss in the coronavirus-hit quarter, mainly due to goodwill and asset impairment charges of US$3.1 billion, as its stores remained shut due to COVID-19 lockdowns.
The chairman of the British parliament's foreign affairs committee said on Wednesday that the West should not be doing business with China's Huawei.
JAKARTA: Indonesia's financial watchdog on Wednesday urged customers not to withdraw excess cash from banks while it and the police investigate "irresponsible" social media posts about mid-sized Bank Bukopin. The Financial Services Authority (OJK) said viral social media videos urging customers to ...
Munich prosecutors and police searched Wirecard's headquarters and four further properties as part of a fraud probe following the arrest of the payments firm's former chief executive, Markus Braun, prosecutors said on Wednesday.
The downturn in central European manufacturing eased markedly in June as economies reopened after the coronavirus lockdown, surveys showed on Wednesday, but the sector was still some way from returning to growth.
Volvo Cars said on Wednesday it was recalling nearly 2.2 million cars built between 2006 and 2019 to address a potential issue with cables attached to their front seat belts in the automaker's biggest ever recall.
Renault expects a pick-up in the French car market in June, after the country's coronavirus lockdown was lifted, to carry on into the third quarter, the brand's sales chief for France Ivan Segal said on Wednesday.
TEL AVIV: Israeli defence firm Elbit Systems said on Wednesday it won a contract worth about US$53 million to provide and integrate intelligence suites onboard vessels of the navy of a country in southeast Asia. The contract will be carried out over two years. It did not name the...
