[ad_1] NEW DELHI/CHENNAI (Reuters) – Nissan Motor Co has agreed to settle a long-running dispute with the Indian state of Tamil Nadu after claiming it was owed 50 billion rupees ($660 million) in unpaid dues
Coronavirus unleashing new wave of U.S. layoffs
[ad_1] FILE PHOTO: A handful of pedestrians walk through Times Square as streets remain relatively quiet due to the continuing outbreak of the coronavirus disease (COVID-19) in the Manhattan borough of New York U.S., May
Exclusive: TikTok owner ByteDance moves to shift power out of China – sources
[ad_1] BEIJING/NEW YORK/WASHINGTON (Reuters) – TikTok’s poaching of Disney’s Kevin Mayer to be its CEO was just the most visible part of a broader strategy by its Chinese owner to shift its centre of power
Monsoon rains forecast to arrive on India’s southern coast around June 1
[ad_1] NEW DELHI (Reuters) – Monsoon rains are likely to enter India through the southern coast around June 1, the state-run weather office said on Thursday, marking the start of the four-month rainy season that
Exclusive: European Investment Bank to raise COVID-19 fund to 2 billion euros
[ad_1] LONDON (Reuters) – Europe’s biggest development bank, the European Investment Bank, is to ratchet up its coronavirus support fund to 2 billion euros as part of global efforts to help tackle the health crisis,
Nissan sets out survival plan after first loss in 11 years
[ad_1] TOKYO (Reuters) – Nissan Motor Co (7201.T) unveiled a plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits that culminated in its
Colombian factory adds bedrooms for workers as economy slowly reopens
[ad_1] BOGOTA (Reuters) – Colombian seamstress Nazly Penagos got an unusual offer from her boss: come live inside the Bogota factory to reduce the chance of getting sick with the novel coronavirus. The owner of
Britain’s easyJet to axe up to 30% of staff
[ad_1] LONDON (Reuters) – British low cost airline easyJet (EZJ.L) said it planned to cut up to 30% of its staff, or 4,500 jobs, and shrink its fleet, to fit the smaller market that will
German economy likely to shrink 6.6% this year due to coronavirus: Ifo
[ad_1] FILE PHOTO: A woman shield herself from the sun with an umbrella on a hot summer day in Cologne, Germany, July 25, 2019. REUTERS/Thilo Schmuelgen BERLIN (Reuters) – The German economy is likely to
Tencent raises $6 billion in largest Asian corporate debt deal this year
[ad_1] HONG KONG (Reuters) – Chinese social media and gaming giant Tencent Holdings Ltd (0700.HK) said on Thursday it raised $6 billion in a U.S. dollar bond sale – the largest debt deal by an