STRATEGY

VW embarks on $50 billion electrification plan

VW embarks on $50 billion electrification plan

Published 16/11/2018

WOLFSBURG, Germany (Reuters) - Volkswagen (VOWG_p.DE) expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass [more…]

SoftBank’s Son defends Saudi ties after journalist murder

SoftBank’s Son defends Saudi ties after journalist murder

Published 05/11/2018

TOKYO (Reuters) - SoftBank Group Corp (9984.T) CEO Masayoshi Son has condemned the killing of a journalist by Saudi security personnel, and said his firm [more…]

China’s OnePlus, backed by Qualcomm and T-Mobile, launches…

China’s OnePlus, backed by Qualcomm and T-Mobile, launches…

Published 29/10/2018

HONG KONG/NEW YORK (Reuters) - A Chinese smartphone company whose high-end products are little known outside a tech-savvy niche entered the U.S. market on Monday [more…]

France’s OVH to triple spending to take on Google, Amazon in cloud…

France’s OVH to triple spending to take on Google, Amazon in cloud…

Published 18/10/2018

PARIS (Reuters) - French cloud computing company OVH plans to triple investment in the coming years to take on U.S. Internet giants Amazon and Alphabet’s [more…]

Grab launches grocery delivery service in race for growth

Grab launches grocery delivery service in race for growth

Published 10/07/2018

SINGAPORE (Reuters) - Grab unveiled a grocery delivery service on Tuesday, betting the firm’s extensive network of 7.1 million drivers, agents and merchants will help [more…]

Japan looks to launch driverless car system in Tokyo by 2020

Japan looks to launch driverless car system in Tokyo by 2020

Published 04/06/2018

TOKYO (Reuters) - A self-driving car service could be on Tokyo’s public roads in time for the 2020 Olympics as Japan looks to drive investment [more…]

Sony’s push into entertainment aims for stability, not splashiness

Sony’s push into entertainment aims for stability, not splashiness

Published 31/05/2018

TOKYO (Reuters) - Sony Corp’s (6758.T) new chief executive is embracing entertainment content, but for now appears to be steering clear of direct competition with [more…]

Deutsche Bank looks to cut 10,000 jobs to reduce costs: source

Deutsche Bank looks to cut 10,000 jobs to reduce costs: source

Published 23/05/2018

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce [more…]

In #MeToo era, Cosby team’s attacks on victims may have backfired

In #MeToo era, Cosby team’s attacks on victims may have backfired

Published 27/04/2018

(Reuters) - Time and again during Bill Cosby’s second trial, the comedian’s lawyers launched blistering attacks on the six women who told a Pennsylvania jury [more…]

Volkswagen’s new CEO says to consider asset sales

Volkswagen’s new CEO says to consider asset sales

Published 13/04/2018

WOLFSBURG, Germany (Reuters) - Volkswagen’s (VOWG_p.DE) new Chief Executive Herbert Diess on Friday said he will consider asset sales and seeks to turn the multi-brand [more…]