China's Geely Automobile Holdings Ltd said on Monday 2020 may be one of its toughest years yet, as pressure stemming from the coronavirus outbreak on production and sales persists.
Chinese automaker BAIC Group and ride-hailing service provider Didi Chuxing plan to team up with other industry players to lease BAIC's cars to customers amid concerns about ride hailing and vehicle sharing eating into car sales.
Britain's big telecoms providers have agreed to remove all data caps on fixed-line broadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the government said on Sunday.
Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters.
As China reopens its economy after months of lockdown, Apple Inc's iPhone factories are largely up and running. But with the coronavirus pandemic spreading across the world, the urgent question for the company is how many buyers there will be both for current models and the new slate of phones expected in the fall.
Microsoft Corp said on Friday it was divesting its stake in Israeli facial recognition startup AnyVision and that it was updating its policies so it no longer would make minority investments in companies that sell the controversial technology.
Cognizant Technology Solutions Corp will pay an extra 25% of base pay to some employees in India and the Philippines as a majority of its offshore workforce work from home amid the coronavirus pandemic, taking on extra work, Chief Executive Officer Brian Humphries said.
Some lower-paid U.S. workers could effectively get a short-term raise if they lose their jobs during the coronavirus crisis, thanks to government computer systems that rely on 1950s-era technology.
HOOQ Digital, a video streaming service majority owned by Singapore Telecommunications Ltd, said it was filing for liquidation as it had not been able to grow sufficiently to provide sustainable returns nor cover escalating costs.
Several of Britain's digital banks are still waiting to hear if they can offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, days after a multi-billion pound rescue scheme was launched.