Sectors
Adidas Employees Exit Amid Corruption Probe in China
Two Adidas employees have resigned amid an ongoing investigation into corruption allegations in China, where the company is scrutinizing claims of embezzlement and kickbacks by its executives.
Southwest Airlines Reduces Q2 Revenue Forecast, Citing Shifts in Booking Demand
Southwest Airlines predicts a reduction of 4% to 4.5% in revenue per available seat mile due to changing booking demand.
US, Japan, South Korea Make Collaboration Commitment in Key Tech Capabilities
The United States, Japan, and South Korea have agreed to strengthen its cooperation on building more resilient supply chains and developing key technologies, particularly semiconductors, clean energy, cybersecurity, and critical minerals.
US Car Sales in June Projected to Drop Owing to CDK Outage Affecting Dealerships Nationwide
New vehicle sales in the US are expected to be lower this month due to the CDK Global outage, which affected dealerships nationwide.