On Tuesday, vacation rental firm Airbnb Inc said, from July 30 it will shut down all listings and experiences in mainland China. The development sees yet another Western internet platform joining a long list of companies which have opted out of… Read More ›
In a statement, Germany’s Nordex Group, which manufactures and distributes wind power systems, said, it has been hit by a cyber security incident and has shut down its IT systems across multiple locations and business units to contain the threat…. Read More ›
In a statement, Vietnam’s People’s Committee of the northern province of Bac Giang ordered four industrial parks, including three which house the production facilities of Taiwan’s Foxconn to temporarily shut down because of a COVID-19 outbreak. The People’s Committee said these… Read More ›
With the coronavirus-induced COVID-19 pandemic bring the global travel to a stop, British engineering company Rolls-Royce downgraded its yearly cash outflow forecast underscoring the challenges it faces in its financial outlook even as the air travel continues to be disrupted… Read More ›
According to a report from the Wall Street Journal which cites Chinese officials with knowledge of the matter at hand, Chinese President Xi Jinping had personally decided to pull the plug on Ant Group’s $37-billion initial public offering. The decision… Read More ›
In a news bulletin, South Korea’s Yonhap news agency reported, citing an official from Samsung Electronics, that the electronic giant has shut down one of its mobile device factories in the country following one of its worker testing positive for… Read More ›
The development will further weaken foreign investment in Iran. Bloomberg has reported, citing a U.S. official familiar with the matter at hand saying, Volkswagen AG will put an end to the bulk of its operations in Iran. The Trump administration… Read More ›
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