Volkswagen does not expect the shift in production toward electric cars aimed at averting billions of euros in European pollution fines to hurt its profit margins, Chief Executive Herbert Diess said in a newspaper report on Monday.
WeWork has opened almost as many new locations in the last 3-1/2 months as it did in the whole first half of this year, likely accelerating the speed with which the office-sharing company is burning through cash as increasingly hard-nosed investors scrutinize its prospects for going public.
SoftBank Group Corp. has prepared a financing package for WeWork Companies Inc that would give it control over the shared office space company, a person familiar with the matter said.
New Zealand’s Prime Minister Jacinda Ardern announced more funding and support on Monday to target violent extremist content online, just months after an alleged white supremacist livestreamed a massacre at two mosques in Christchurch.
Blizzard Entertainment has reduced the punishment that it dealt out to a Hong Kong-based Hearthstone esports player for his public support of pro-democracy protests in the city, after its decision sparked controversy among players and the public.
Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an expansion, and picking and choosing orders.