Toyota Motor Corp said on Tuesday it will temporarily suspend vehicle production on 14 lines at nine group factories in Japan due to an earthquake that hit Japan’s northeast last week, Reuters reported.

Google Ireland and Google France have agreed to pay a €1.1m ($1.34m) fine after a probe found that Google’s hotel rankings could be misleading for consumers, France’s finance ministry and fraud watchdog France's Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF) said on Monday.

As part of the global race to develop zero-emission vehicles, Jaguar Land Rover’s luxury Jaguar brand will become entirely electric by 2025 and the carmaker will launch e-models of its entire lineup by 2030, the company announced on Monday.

The Czech firearms maker Ceska Zbrojovka announced it had acquired all shares in Colt Holding Company LLC, the parent company of Colt’s Manufacturing Company LLC and its Canadian subsidiary, Colt Canada Corp. in a deal estimated at some $220m, AP reported.

The Anglo-Swedish pharmaceutical giant AstraZeneca announced better than expected earnings report related to the last quarter of 2020 as the company’s Covid-19 vaccine and cancer drugs offset the negative economic effect of pandemic, Reuters reported. The quarterly product sales of $7.01 billion surpassed a company-compiled consensus of $6.81 billion. AstraZeneca expects a very positive 2021 as vaccination process gains speed worldwide. The 2021 revenues are seen growing at faster speed. 

Uber announced it had curbed its losses in the last quarter of 2020 as the company shifts emphasis to food delivery business in pandemic, AP reported. The shift to food delivery was due to customers’ lack of will to jump in a car driven by potentially infected with Covid-19 unknown driver.

The steel unit of Thyssenkrupp has pulled up the financial performance of the whole conglomerate amid growing demand from car makers, Reuters reported. Thyssenkrupp has further raised its annual outlook for first time since 2017.

Pandemic related restrictions, lockdowns and home-working had devastating effect on high-tech giant Cisco, Reuters said. The company reported continuous decline of demand for network infrastructure building.

The Dutch beer producer said it aimed to save some 2.4 billion euros in costs by 2023 in a move to restore its profit margins to pre-pandemic levels, Reuters reported. The main share of the cost-saving will be due to some 8,000 job cuts which were already earmarked.

The social network platform has seen the end of an “extraordinary 2020 year” with profits rocketed to record highs, driven by pandemic related lockdowns which increased demand for social media products, BBC reported. The social messaging platform said revenue grew 28% to $1.29bn. "We're a platform that is obviously much larger than any one topic or any one account," boss Jack Dorsey said quoted by BBC.