China has been a crucial market for the German sportswear company Adidas where its business has been severely hit because of the re-imposition of the restrictions linked to the Covid-19 pandemic last year as well as a call for a mass boycott of its products and other Western brands.  ...

Online food ordering and food delivery platform DoorDash Inc's expectations of the market for its quarterly revenues as the company reported continued demand for meal delivery even as the US economy is opening up. According to analysts, the continuation of online food delivery demand shows that the...

Cisco Systems Inc expects to gain from increased prices of its products because of the global shortage of semiconductor chips as well as an expected eventual drop in costs for logistics and transportation as delays in shipment will abate. This prompted the company to raise its guidance for the...

It is now “reasonable” to consider that the world could be close to the final stages of the Covid-19 pandemic, said Moderna’s CEO Stephane Bancel.   “I think that is a reasonable scenario,” he told CNBC’s “Squawk Box Asia” when asked about views that the Covid-19 pandemic may now be in its...

Starting on Wednesday, the worldwide fashion brand Louis Vuitton, which is owned by the LVMH group, will raise the price of its products in stores and online platforms around the world. According to reports citing a spokeswoman for the French luxury goods firm in China, the company's decision was...

DBS Group, Singapore's largest lender, recorded a record full-year profit in 2021, and CEO Piyush Gupta told CNBC that it was "one of the best years" he'd ever seen.   “That has been a solid year, perhaps one of the best years I’ve seen in a long time. And that includes a very robust growth...

According to France's watchdog CNIL, Google Analytics, arguably the most popular and widely used web analytics program in the world that has been built by Alphabet's Google, carries the risk of allowing intelligence services of the United States to gain access to data...

Ford Motor Co announced on Friday that it is contemplating developing electric vehicles (EVs) in India for export and potentially for also selling them in the domestic market, just months after the company chose to discontinue selling and manufacturing automobiles in the nation.   Ford's...

Coca-Cola and PepsiCo, the largest cola-making companies of the world, have cautioned that a steady rise in expenses will put pressure on their profits this year, despite both the companies exceeding sales estimates due to healthy demand and price hikes.   Aluminum cans,...

On Thursday, Twitter Inc revealed lower-than-expected quarterly advertising income and user growth, as well as revenue forecasts that fell short of Wall Street projections, signaling that the company's recovery strategy has yet to yield results.   Nonetheless, the social networking site...

A representative for SoftBank Group Corp said on Wednesday that Alibaba's recent registration of new American Depository Shares is unrelated to any specific potential deal.   "The registration of the ADR conversion facility (F6 filing, which was filed by Alibaba), including its size, is not...