A Chinese finance ministry official said on Wednesday he felt “a little bit more optimistic” on the prospect of breaking an impasse in trade negotiations with Washington, saying both sides are too economically integrated to tolerate a fallout.
Switzerland’s highest court ruled on Wednesday against prosecutors seeking to extend the country’s bank secrecy law to cover whistleblowers wherever they are in the world.
Snap Inc on Wednesday announced new scripted shows for its photo messaging app Snapchat which will launch this fall and struck partnerships with Hollywood production companies and writers in hopes of reversing its decline in users.
Japan’s SoftBank Group Corp is in discussions to buy a majority stake in U.S. shared office space provider WeWork Cos, a source said, potentially doubling down on one of its biggest bets on a loss-making startup.
At least two U.S. states and two European Union member states are investigating a breach at Alphabet Inc’s Google that may have exposed private profile data of at least 500,000 users to hundreds of external developers.
World stocks inched off eight-week lows on Wednesday as U.S. long-dated borrowing costs held below multi-year peaks, though market gains were checked by fears for global economic growth and the possibility of an Italy-EU clash over budget spending.
The interim CEO of VW’s Audi unit, Bram Schot, laid claim to the top job for the long term, amid uncertainty when a prospective new hire from BMW , who has been seen as Audi CEO-designate, can join Volkswagen.
President Donald Trump on Tuesday repeated his threat to slap tariffs on an additional $267 billion of Chinese imports if Beijing retaliates for the recent levies and other measures the United States has imposed in an escalating trade war between the economic giants.
Robust appetite in the third quarter for Louis Vuitton handbags and other high-end goods sold by LVMH failed to dispel fears of a looming slowdown in Chinese demand on Wednesday, as shares across the sector tumbled.
Shares in LVMH fell in early trading on Wednesday even as its all-important fashion and leather goods unit did better than expected in the third quarter, with the broader luxury sector also rattled by lingering fears of a Chinese slowdown.
Once surreptitiously dumped down drains in the dead of night, Asia’s used cooking oil is fast becoming one of the most sought-after commodities in Europe – as a feedstock for biodiesel.
When Honda Motor Co launched the latest version of its N-Box a year ago, it promoted features on the pint-sized minicar such as error-detecting pedals, automatic emergency braking and moveable seats, part of a push to market the vehicle to young families.
Audi interim CEO, Bram Schot, would be available as Audi’s chief executive in the longer run, he said in an interview with German business monthly manager magazin published on Wednesday.
Japan’s SoftBank Group Corp is in discussions to buy a majority stake in U.S. shared office space provider WeWork Cos, a source said, potentially doubling down on one of its biggest bets on a loss-making startup.
Debt-laden retailer Sears Holdings Corp has hired advisers to prepare for a possible bankruptcy that could come ahead of a debt payment due next week, the Wall Street Journal reported on Tuesday, citing sources.
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