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Chinese chipmaker sees record sales revenue in Q2
Semiconductor Manufacturing International Corporation (SMIC) sales revenue in the second quarter reached a record high of 938.5 million U.S. dollars.
Adidas records net loss of 306 mln euros in Q2
Adidas recorded a net loss from continuing operations of 306 million euros (363 million U.S. dollars) in the second quarter of 2020 (Q2).
Toyota forecasts 64-pct drop in FY 2020 net profit
Toyota Motor Corp. said Thursday it expects its net profit to drop 64.1 percent to 730 billion yen in the current business year starting in April.
Mercedes-Benz, CATL expand partnership for future battery technologies
Mercedes-Benz and Contemporary Amperex Technology Co. Limited (CATL) will expand their partnership to develop future battery technologies.
Continental records net loss of 741.1 mln euros in Q2
German automotive supplier Continental recorded a net loss of 741.1 million euros (878 million U.S. dollars) in the second quarter of 2020 (Q2).
Net profit of German carmaker BMW plummets more than 80 pct in H1
Net profit of BMW Group plummeted 82.5 percent year-on-year to 362 million euros during the first half (H1) of the current financial year.
Germany's KION partners with Chinese robotics company Quicktron
German truck giant KION Group has entered a strategic partnership with Quicktron, a Chinese robotics company offering automated warehouse solutions.
Germany's Commerzbank expects net loss for 2020
Commerzbank, Germany's second largest commercial bank, expects a net loss in 2020 after posting a 21-percent drop in net profit in the second quarter.
Microsoft aims to achieve ＂zero waste＂ goals by 2030
Microsoft Corp. on Tuesday announced the goal to achieve "zero waste" for the company's direct operations, products and packaging by 2030.
Virgin Australia to cut 3,000 jobs as part of relaunch plan
Virgin Australia will cut 3,000 jobs and reduce other costs in a bid to be more profitable and competitive in the post COVID-19 world.
Disney reports significant quarterly loss due to COVID-19 pandemic
The Walt Disney Company on Tuesday reported significant quarterly loss in its fiscal third quarter due to the ongoing COVID-19 pandemic.
Finland's Nokian Tyres posts loss in Q2, sees continuous uncertainty
The Finland-based tyre manufacturer Nokian Tyres made a 22.8-million-euro (26.9-million-U.S. dollar) loss in the second quarter (Q2) of 2020.
Feature: Tourism rejuvenates old Silk Road town
Feature: Chinese digital company seeking growth in U.S.
To Sort Anbang’s Assets, Chinese Authorities Create Dajia
UBS: The globe is headed for a recession if U.S-China trade talks fails
