
Coca-Cola top Q4 estimates with $1.46 billion net income, as cost cuts offset reduced sales
Feb 11, 2021 00:00 am UTC| Economy Business Investing
Coca-Cola reported a fourth-quarter net income of $1.46 billion, or 34 cents per share, down from $2.04 billion, or 47 cents per share, a year earlier, as fresh pandemic curbs globally closed its biggest sales drivers,...

Asics and Casio team up to help runners train better
Feb 10, 2021 23:58 pm UTC| Economy Business
Asics Corp. and Casio Computer Co. have collaborated to offer a special app with a sensor device that would improve the jogging and training styles of runners of all levels. The app will analyze users running styles and...

TSMC eyes $9 billion from debt markets to fund expansion
Feb 10, 2021 23:56 pm UTC| Economy Business Investing
Taiwan Semiconductor Manufacturing Co. (TSMC) would raise nearly $9 billion from the debt markets to help fund expansion and pollution prevention-related efforts, after hiking revenue and capital spending estimates in...

Toyota jacks up profit forecast to 54%, says chip supply not yet an issue
Feb 10, 2021 23:55 pm UTC| Economy Business
Toyota Motor Corp boosted its full-year earnings forecast by a bigger-than-expected 54 percent, saying it has an up to four-month stockpile of chips and was not immediately expecting a shortage to hit production. The...

Volkswagen looking for industrialized approach to flying vehicles in China
Feb 10, 2021 23:51 pm UTC| Economy Business
Volkswagen is looking at an industrialized approach to flying vehicles in China by investigating potential concepts and partners in a feasibility study. Europes largest automaker noted that vertical mobility could be...

EU planning to follow Australia and make Google, Facebook pay for news content
Feb 10, 2021 06:39 am UTC| Business Economy
The European Union is reportedly mulling on going after big tech companies, including Google and Facebook, by asking for news content payments. The EU is said to have warned that it may copy Australia for its new media...

South Korea loses 982,000 jobs
Feb 10, 2021 00:53 am UTC| Economy
South Korea reported a 982,000 drop in the number of people employed in January, its largest job loss since December 1998 due to the effects of the coronavirus outbreak. The number of employed South Koreans reached 25.8...