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Sharp first quarter loss shrinks on cost cuts, but revenue plunges by a third

TOKYO Japanese electronics maker Sharp Corp reported a smaller first-quarter loss helped by restructuring and cost cuts, although revenue shrank by a third as demand for its products slumped.

Nestle says to collaborate with Samsung to explore nutrition science

ZURICH Nestle said it is teaming up with Samsung in a research project to explore the potential of nutrition science and digital sensor technologies.

Mercedes rejects claims about 'misleading' self-driving car ads

FRANKFURT Mercedes-Benz has defended an advertising campaign for its new E-Class against allegations that consumers were being misled about the car's self-driving capabilities, the latest backlash by consumer groups in the wake of a fatal Tesla accident.

China green lights ride-hailing services with new regulations

BEIJING China has given the green light to online ride-hailing services, issuing guidelines that establish a long-awaited framework for the booming industry and remove uncertainty for firms such as Didi Chuxing and U.S. rival Uber Technologies Inc [UBER.UL].

China requires ride hailing services to sign labor contract with drivers

BEIJING New regulations require China's online ride-hailing services to sign labor contracts with drivers, the vice minister of transport, Liu Xiaoming, told a news conference on Thursday.