Business

China's 'Single's Day' shopping fest subdued by tech crackdown

China on Thursday held a subdued version of its annual "Single's Day" shopping spree, shorn of the usual boasting on sales volume as the country's chastened e-commerce sector kept a lower profile amid a government crackdown ...

Automotive

Chip shortage puts a brake on auto industry

Initially downplayed by auto industry bosses, the global shortage of computer chips has worsened and severely hampered carmakers, according to their latest results.

Business

Amazon 'Prime Day' spend soars amid reopening

Amazon's annual "Prime Day" online shopping bonanza racked up more than $11 billion in sales at the e-commerce platform, market tracker Adobe reported on Wednesday.

Business

Japan Airlines projects higher losses over pandemic

Japan Airlines said Monday it forecasts a larger-than-expected annual net loss of nearly $2.9 billion, as the aviation industry continues to struggle from the fallout of the coronavirus pandemic.