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Category : Business

Hong Kong’s Chief Executive Is Disheartened, but No Successor Is in Sight

Hong Kong’s Chief Executive Is Disheartened, but No Successor Is in Sight

Business 03 Sep, 2019

Carrie Lam acknowledged that the protests had left her in turmoil, but vowed not to resign. Those close to Beijing say i...

Executive's flight to PSA highlights Renault-Nissan alliance tensions

Executive's flight to PSA highlights Renault-Nissan alliance tensions

Business 03 Sep, 2019

A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Ren...

KKR buyout at Axel Springer clears minimum acceptance threshold

KKR buyout at Axel Springer clears minimum acceptance threshold

Business 05 Aug, 2019

KKR's offer to buy out minority shareholders in Axel Springer has cleared its minimum acceptance threshold of 20%,...

China’s Currency Weakens in a Potential Challenge to Trump

China’s Currency Weakens in a Potential Challenge to Trump

Business 04 Aug, 2019

The renminbi fell past the key point of 7 to the U.S. dollar, in a signal that Beijing may be willing to use devaluation...

Huawei tests smartphone with own operating system, possibly for sale this year: Chinese state media

Huawei tests smartphone with own operating system, possibly for sale this year: Chinese state media

Business 04 Aug, 2019

Huawei Technologies Co Ltd is testing a smartphone equipped with Hongmeng, the company's self-developed operating s...

Fiat Chrysler CEO: We'll talk alliances, but we can go it alone

Fiat Chrysler CEO: We'll talk alliances, but we can go it alone

Business 04 Aug, 2019

Fiat Chrysler Automobiles Chief Executive has a message for Renault SA and other would-be partners: We are happy to talk...

How a shadow banking crisis sent India's autos sector into a tailspin

How a shadow banking crisis sent India's autos sector into a tailspin

Business 04 Aug, 2019

Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki dealership on the outskirts of Mumbai some two ho...

Saudi energy minister says he discussed oil markets with Russian counterpart

Saudi energy minister says he discussed oil markets with Russian counterpart

Business 03 Aug, 2019

Saudi energy minister Khalid Al-Falih discussed oil markets with his Russian counterpart and stressed that Saudi Arabia...

Satire or Deceit? Christian Humor Site Feuds With Snopes

Satire or Deceit? Christian Humor Site Feuds With Snopes

Business 03 Aug, 2019

The Babylon Bee says Snopes went too far in fact-checking a satirical story. Snopes had suggested the Bee twisted its jo...

U.S. court rules against Maduro bid to oust opposition-backed Citgo board

U.S. court rules against Maduro bid to oust opposition-backed Citgo board

Business 03 Aug, 2019

The board of Citgo Petroleum [PDVSAC.UL] appointed by Venezuela's congress chief was properly seated, a U.S. court...

Insurance, economy weigh on Berkshire Hathaway operating profit

Insurance, economy weigh on Berkshire Hathaway operating profit

Business 03 Aug, 2019

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weaker resul...

Nissan wants Renault to reduce stake to revive Renault-FCA deal talks: WSJ

Nissan wants Renault to reduce stake to revive Renault-FCA deal talks: WSJ

Business 02 Aug, 2019

Carmakers Nissan Motor Co and Renault SA are trying to reach a deal to reshape their global alliance, in hopes of revivi...

Dean & DeLuca Sinks Further Into Debt

Dean & DeLuca Sinks Further Into Debt

Business 02 Aug, 2019

The chain has closed additional stores in the United States as it expands abroad, and told former employees that they wi...

Stocks, yields tumble as trade frictions unnerve traders

Stocks, yields tumble as trade frictions unnerve traders

Business 02 Aug, 2019

A measure of stocks across the globe posted on Friday its largest weekly loss of the year while yields in U.S. and Germa...

Google to allow rival search engines to compete on Android - at a price

Google to allow rival search engines to compete on Android - at a price

Business 02 Aug, 2019

Alphabet Inc's Google will allow rivals to compete to be the default search engines on new Android devices in Europ...

Wall Street set to open lower after Trump's tariff threat, slow job growth

Wall Street set to open lower after Trump's tariff threat, slow job growth

Business 02 Aug, 2019

Wall Street was set to open lower on Friday after a sharp escalation in U.S.-China trade tensions and tepid job growth i...

DealBook Briefing: Peter Thiel Accuses Google of Arming China (Again)

DealBook Briefing: Peter Thiel Accuses Google of Arming China (Again)

Business 02 Aug, 2019

The tech billionaire argues that the company is selling an advanced military technology, artificial intelligence, to Ame...

China warns of retaliation after Trump threatens fresh tariffs

China warns of retaliation after Trump threatens fresh tariffs

Business 02 Aug, 2019

China on Friday said it would not be blackmailed and warned of retaliation after U.S. President Donald Trump vowed to sl...

Campbell confirms sale of Australian snacks unit Arnott's to KKR for $2.2 billion

Campbell confirms sale of Australian snacks unit Arnott's to KKR for $2.2 billion

Business 02 Aug, 2019

Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of...

Katy Perry and Others Must Pay $2.8 Million in Dispute Over ‘Dark Horse,’ Jury Says

Katy Perry and Others Must Pay $2.8 Million in Dispute Over ‘Dark Horse,’ Jury Says

Business 01 Aug, 2019

The jury had found that the singer, her record company and collaborators were liable for copyright infringement because...

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