Tesla sales boosted by entry-level sedan
A car drives past the new Tesla factory built in Shanghai on Nov. 8, 2019. Image: AFP/Hector Retamal via AFP Relaxnews This week, Tesla was crowned the automaker with the…
Chinese domestic airlines roll out discount packages to boost cash flow
A pilot leans out of the cockpit window to wave goodbye before the China Eastern Airlines flight, the first domestic flight from Wuhan that resumed service after travel restrictions to…
Investment guru sees opportunities in post-COVID era
Assetplus Asset Management Chairman Chen Kang speaks during an interview with The Korea Herald at his company’s headquarters in Pangyo, Gyeonggi Province. (Park Hyun-koo/The Korea Herald) SEOUL — In his…
Japanese firms in Korea see sales plunge since export curbs
Yonhap via The Korea Herald/Asia News Network SEOUL — Major Japanese firms doing business here have seen sales plunge as Japan’s export restrictions on Korea led to a boycott of…
Squeezing profit out of fruit juice
From its product, process, purpose and branding, local juice manufacturer Natureal is as authentic a business as they come—which came to be because of a couple of “avid fans” of…
Spain sets aside another $56 billion for ailing companies
A group of women walk past beside a man seated while wearing face mask to prevent the coronavirus during the last day of the lockdown, in Pamplona, northern Spain, Saturday,…
Virus-hammered Air France announces 7,500 job cuts
Air France workers gather during a protest in front of the company headquarters in Tremblay-en-France, outside Paris Friday, July 3, 2020. (AP) PARIS — Air France and regional subsidiary Hop…
BSP ramps up digital campaign to wean Pinoys off cash payments
The central bank wants to see more Filipinos making transactions through electronic payments, given the health risks posed by the coronavirus pandemic to cash transactions—but said that, for this to…
Gov’t guarantees P37.5B in bank loans to SMEs
In its bid to make available loans to small businesses badly hit by the COVID-19 crisis, the state-run Philippine Guarantee Corp. (Philguarantee) has green-lit P37.5 billion in credit guarantees as…
3rd telco gets 6-month reprieve on commitments
Telco startup DITO Telecommunity is catching up to meet its commitments to the government after plans were derailed by the new coronavirus pandemic. Citing the health crisis, DITO sought and…