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Banks roll out robots as pandemic shakes up IT plans
LONDON (Reuters) – When banks were flooded with loan requests from businesses struggling with the fallout of the coronavirus pandemic, hastily built robots helped several

Panasonic second-quarter profit beats estimates on boost from Tesla battery business
TOKYO (Reuters) – Panasonic (OTC:PCRFY) Corp reported an 11% increase in second-quarter operating profit on Thursday, beating analyst estimates, helped by solid performance from its

Fashion site unveils new and improved ‘Zozosuit 2’
TOKYO (Reuters) – Online fashion retailer Zozo Inc (T:3092) on Thursday unveiled a successor to its “Zozosuit” body-measuring suit, one of a string of failed

LVMH and Tiffany agree on lower price for $16 billion takeover
PARIS (Reuters) – U.S. jeweler Tiffany & Co (N:TIF) has agreed with LVMH (PA:LVMH) to slightly lower the price for its acquisition by the French luxury goods

China premium car buyers drive VW back to profit
(Reuters) – Volkswagen AG (DE:VOWG_p) returned to profit in the third quarter as surging Chinese demand for luxury cars helped offset a 1.1% drop in

Credit Suisse profit slides as wealth management fees fall
ZURICH (Reuters) – Credit Suisse (S:CSGN) on Thursday posted a steeper-than-expected slide in third-quarter profit, as a surge in investment banking failed to offset a slowdown in

Exclusive: AirAsia X to revise $15.3 billion debt reform plan to expedite talks with creditors – sources
KUALA LUMPUR (Reuters) – Malaysia’s AirAsia X Bhd (KL:AIRX) plans to drop a local airport operator from its $15.3 billion debt restructuring plan to expedite discussions with

Dollar Retains Strength Amid Lockdowns; Euro Looks to ECB
Investing.com – The dollar was largely unchanged in early European trade Thursday, holding onto recent gains as new lockdowns in Europe to combat the surge