Bloomberg Nissan Motor Co is ready to make deeper cuts to fixed costs as the carmaker’s business deteriorates in a tough environment exacerbated by the coronavirus, said Chief Executive Officer (CEO) Makoto Uchida, who is three months into his tenure atop the struggling company. The CEO has promised to unveil a turnaround plan in May for the Japanese giant, which ...

Bloomberg SoftBank Group Corp, facing skepticism of its investment strategy, conveyed a message to Wall Street: Now is the time to invest. Masayoshi Son, SoftBank’s founder and chief executive officer, (CEO)told a roomful of fund managers and financial institutions at a private meeting in New York that recent market declines present an opportunity to take stakes in companies at discounted ...

Bloomberg Singapore is on track to start 5G deployment this year and achieve standalone coverage across the country by 2025, as the city-state seeks to further develop digital infrastructure. The Infocomm Media Development Authority intends to award 5G spectrum by mid-2020 after earlier receiving three submissions from Singtel, TPG as well as a joint submission from StarHub and M1, Minister ...