BYD Co. Vehicle Sales Decline Eased in March
BYD Co.’s March car sales fell 35% from a year earlier, a smaller drop compared with a 79% plunge in… Read More »
ZTE Corp.: Controlling Shareholder Sold 48.91 Million A-Shares
ZTE Corp. said its controlling shareholder sold 48.91 million of its Shenzhen-listed shares this month, which amount to 1.06% of… Read More »
China Aoyuan to Buy 30% Stake in Kinghand Industrial
China Aoyuan Group has agreed to acquire 29.99% of the share capital of a Shenzhen-listed property developer, Kinghand Industrial Investment… Read More »
Mitsubishi Motors Starts to Put 6,500 Workers on Leave, Nikkei Reports
–Mitsubishi Motors Corp. has started putting up to 6,500 full-time and temporary workers at three domestic factories on leave as… Read More »
Michelin Cuts Proposed Dividend, Schedules Online Annual Shareholder Meeting
Michelin SA said Wednesday that it will reduce its proposed dividend and hold its annual shareholders meeting behind closed doors… Read More »
Macy’s to Furlough Most Workers as Stores Stay Shut
Macy’s Inc. will furlough the majority of its employees beginning this week as sales have evaporated while its stores remain… Read More »
Dow Inc. to Produce Hand Sanitizer at Five Plants
Dow Inc. on Monday said four more of its plants around the world will begin producing hand sanitizer to help… Read More »
Microsoft Buying Cloud Platform 5G Provider Affirmed Networks
Microsoft Corp. is buying Affirmed Networks, a cloud platform provider for 5G, for an undisclosed amount. Microsoft announced the deal… Read More »
Morgan Stanley Commits to No Staff Layoffs This Year
Morgan Stanley said it won’t lay off employees this year, which is likely to be a tough one across Wall… Read More »
HSBC Delays Job Cuts to Cope with Virus
HSBC Holdings PLC has delayed plans to cut thousands of jobs because of the new coronavirus. In a memo to… Read More »