Showing 1 - 10 of 115
Asian shares tumble as US-China trade war renews uncertainty
Associated Press, Published on 26/08/2019
» TOKYO: Asian shares tumbled Monday after the latest escalation in the US-China trade war renewed uncertainties about global economies, as well as questions over what President Donald Trump might say next.
Facebook currency plan under scrutiny in Congress
Associated Press, Published on 16/07/2019
» WASHINGTON: Facebook's ambitious plan to create a financial eco-system based on a digital currency faces questions from lawmakers, as it's shadowed by negative comments from President Donald Trump, his treasury secretary and the head of the Federal Reserve.
Ford to cut 12,000 jobs in Europe
Associated Press, Published on 27/06/2019
» FRANKFURT: Ford Motor Co says it is shedding 12,000 jobs in Europe as it streamlines its operations in the region to increase profitability.
Michael Kors ups the glamour, buys Versace for $2bn
Associated Press, Published on 25/09/2018
» NEW YORK: Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (€1.83 billion), continuing its hard charge into the world of high-end fashion.
Coca-Cannabis? Coke analysing cannabis in drinks
Associated Press, Published on 18/09/2018
» The Coca-Cola Company said Monday it is "closely watching" the expanding use of a cannabis element in drinks, another sign cannabis and cannabis-infused products are getting more acceptance in mainstream culture and a harder look from long-established pillars of American business.
Musk says investors convinced him Tesla should stay public
Associated Press, Published on 25/08/2018
» DETROIT: Electric car and solar panel maker Tesla Inc will remain on the public stock exchanges after CEO Elon Musk said Friday that investors have convinced him the company shouldn't go private.
Tesco, Carrefour form strategic alliance
Associated Press, Published on 02/07/2018
» LONDON: Tesco and Carrefour, two of Europe's biggest supermarket chains, are teaming up to wring better deals out of suppliers as traditional retailers battle increased competition from internet traders.
Xiaomi seeks to raise $6.1bn in Hong Kong IPO
Associated Press, Published on 23/06/2018
» SEOUL: Xiaomi Corp said it seeks to raise up to $6.1 billion in its initial public offering next week that would value the Chinese smartphone maker at as much as $70.3 billion.
Amazon to block Australians from global websites due to tax
Associated Press, Published on 01/06/2018
» CANBERRA: Amazon will block Australians from buying from its international e-commerce websites and restrict them to a smaller local platform from July in response to new tax rules that consumer advocates fear will reduce the range of choice for customers in Australia.
Toys 'R' Us founder dies days after chain shutdown
Associated Press, Published on 23/03/2018
» NEW YORK: Charles P. Lazarus, the World War II veteran who founded Toys "R" Us six decades ago and transformed it into an iconic piece of Americana, died Thursday at age 94, a week after the chain announced it was going out of business.