May 3, 2020The latest ILO data on the labour market impact of the COVID-19 pandemic reveals the devastating effect on workers in the informal economy and on hundreds of millions of enterprises worldwide.
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May 2, 2020BASF Group’s sales in the first quarter of 2020 increased by 7 percent compared with the prior-year quarter to €16.8 billion. This was mainly driven by a 4 percent increase in volumes. Income from operations (EBIT) before special items was €1.6...
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May 2, 2020Volvo Cars is announcing plans to accelerate its transformation to effectively position the company for long term growth. As a result, it is giving notice for a reduction of 1,300 white-collar positions in its Swedish operations, plus a continued...
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May 2, 2020Airports Council International (ACI) World and the International Air Transport Association (IATA) have come together to call for governments to quickly grant financial relief to assist airport operators and airlines during the unprecedented...
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May 1, 2020British Airways is increasing the number of cargo-only flights from China to the UK to 21 a week, up from 13 last week, as demand continues to rise.
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May 1, 2020Under the terms of this new deal, China Mobile extends its 5G RAN partnership with Ericsson to 17 provinces, with the deployment of Ericsson Radio System products and solutions, as it seeks to further roll out 5G services across the country.
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May 1, 2020Boeing conducted a productive and successful first flight of the second 777X airplane. Capt. Ted Grady, 777X project pilot, and Capt. Van Chaney, 777/777X chief pilot, flew for 2 hours and 58 minutes over Washington state before landing at...
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May 1, 2020Exemplifying Honda's commitment to occupant safety, the all-new Jazz is the first of the brand’s models in Europe, and the first model in its class to market, to feature new front-centre airbag technology as standard. The newly introduced passive...
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May 1, 2020As efforts accelerate worldwide to provide relief from the ravages of COVID-19, PepsiCo, Inc. (NASDAQ: PEP) and The PepsiCo Foundation today announced a more than $45 million initiative focused on helping people and communities most affected by...
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April 30, 2020The concept of sporty driving pleasure in the premium midsize segment is being redefined and will soon be available to experience in the new BMW 4 Series Coupe. Following a series of exhaustive test drives held as part of the development process...
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April 29, 2020It is the next step in digitalization and virtual experience for the Four Rings: Audi is the first car manufacturer to use "Virtual Market 4," one of the world's largest virtual reality events, as a presentation and experience platform for the...
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April 29, 2020As part of its global solidarity program in the fight against the corona crisis, Henkel has announced that it will provide production capacities at short notice in order to produce disinfectants. Within just one week, the company converted a...
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April 29, 2020Oracle announced that Zoom Video Communications, Inc. is turning to Oracle Cloud Infrastructure to support its growth and evolving business needs as the enterprise video communications company continues to innovate and provide an essential...
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April 29, 2020Inter IKEA Group joined an alliance of over 180 political decision-makers, business leaders, trade unions, NGOs and think tanks in calling for a renewed commitment by all stakeholders on long-term climate change initiatives while at the same time...
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April 29, 2020Alstom has been awarded a contract to supply 30 Coradia Lint regional trains to Hessische Landesbahn (HLB). The contract is worth approximately worth €120 million. The trains, which contain 120 seats, are spacious and bright, equipped for...
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April 29, 2020ABB’s Power Grids business has won several major orders to supply advanced HVDC converter transformers and high-voltage equipment for three 800 kilovolt (kV), ultrahigh-voltage direct current (UHVDC) transmission links, owned by the State Grid...
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April 29, 2020BP confirmed its commitment to completing the sale of its Alaska business to Hilcorp, first announced in August 2019. Subject to regulatory approvals, the parties expect to complete the transaction in June 2020.
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April 28, 2020Bombardier today announced that it has begun the process of recalling most of its Canadian based employees who were placed on furlough following government mandates enacted to slow the spread of COVID-19. Suspended manufacturing and service...
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April 28, 2020Emirates SkyCargo has stepped up its commitment to facilitate the flow of essential goods across markets including the UAE. Working in a scenario where global air cargo capacity has been severely constrained due to restrictions on passenger...
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April 28, 2020Marks & Spencer has now completed steps to secure liquidity for the duration of the COVID crisis and to underpin the recovery strategy and accelerated transformation in 2021.
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April 28, 2020American Airlines is updating and enhancing its cleaning procedures on board and will begin offering personal protective equipment to customers as it continues to prioritize customer and team member well-being in its response to coronavirus...
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April 28, 2020Samsung Electronics announced its QLED 8K and 4K TVs have received “no photobiological LED hazard” verifications from Underwriters Laboratories(UL), a leading safety science company in the U.S., and “eye safety” certification from Verband...
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April 28, 2020NVIDIA announced the completion of its acquisition of Mellanox Technologies, Ltd., for a transaction value of $7 billion.
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April 27, 2020Developing alternative powertrain technologies is a top priority for the BMW Group. The premium carmaker offers first virtual insights into the powertrain system for the BMW i Hydrogen NEXT and reaffirms its commitment to following a carefully...
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April 27, 2020With the global health crisis driving school closures across the country, kids who rely on school for food have missed nearly 608 million meals to date. Because students urgently need support to meet their nutrition needs during this time of...
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