July2020

Germany’s VW is expecting a slight growth in China’s premium car segment in 2020 despite a slide in broader market sales, a senior executive said. Volkswagen Group’s China chief, Stephan Woellenstein, made the remarks to reporters...

TikTok has removed about 29,000 coronavirus-related videos that broke its rules in Europe alone since the beginning of this year. The video-sharing app says it does not permit misinformation that could affect an individual’s health or...

Netflix sees a surge in sign-ups because of the coronavirus lockdown, but has warned investors that subscriber growth will slow. Netflix further added, over 10 million subscribers in the three months to July, which brings the...

British Airways said it will retire all of its Boeing 747s since it suffers from the sharp travel downturn. The airline is the world’s largest operator of the jumbo jets, having 31 planes in the fleet....

Finance Minister of Zimbabwe, Mthuli Ncube yesterday said the country’s ailing economy would shrink by 4.5 percent in 2020 because of climatic shocks and the coronavirus pandemic. The projection is much more optimistic than that of...

For almost two decades, Pepsi has been the main sponsor of the Pakistan cricket team. Pakistan’s contract with Pepsi ended in June this year. However, the Pakistan Cricket Board (PCB) renewed its one-year contract with Pepsi....