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.
A group of companies led by KKR & Co will invest in an existing real estate project under construction in the Gangnam district of Seoul, South Korea, hoping to cash in on one of the world’s fastest-rising commercial property markets.
As the Federal Reserve keeps raising interest rates in a strong U.S. economy, transparency and open communications will be key to avoiding market disruptions and misunderstanding in other countries, an influential Fed policymaker said on Wednesday.
Risks to the global financial system have risen over the past six months and could increase sharply if pressures in emerging markets escalate or global trade relations deteriorate further, the International Monetary Fund said on Wednesday.
Clean Coal Technologies, Inc., (OTCQB: CCTC) (“CCTI” or the “Company”), the leading clean-energy company utilizing patented and proven technology to convert run of mine coal into a cleaner burning and more efficient stabilized fuel, today […]
Asian shares barely moved on Wednesday after world stocks hit eight-week lows the previous day on worries about global economic growth, although the British pound stayed firm on hopes for a Brexit deal.
Amazon.com Inc’s machine-learning specialists uncovered a big problem: their new recruiting engine did not like women.
Japan’s SoftBank Group Corp is in discussions to take a majority stake in shared office space provider WeWork Cos, a source familiar with the matter said, a deal that would increase one of its biggest bets on a late-stage U.S. startup.
Sears Holdings Corp has hired M-III Partners LLC to prepare a bankruptcy filing that could come ahead of next week’s debt payment, the Wall street Journal reported on Tuesday, citing people familiar with the situation.
Asian shares steadied in early Wednesday trade after world stocks hit eight-week lows the previous day on worries about global economic growth, although the pound stayed firm on hopes for a Brexit deal.
Japan’s SoftBank Group Corp is in talks to take a majority stake in shared office space provider WeWork Cos, the Wall Street Journal reported on Tuesday, citing people familiar with the talks.
British vacuum-cleaner maker Dyson is making a second push into the high-end beauty market with a $500 hair styling tool that it has engineered to create curls, waves and smooth blow dries without extreme heat.
William Ackman said on Tuesday his activist hedge fund Pershing Square Capital Management LP has built a roughly $900 million position in Starbucks Corp , betting the world’s biggest coffee chain can overcome stagnant sales in its home market.
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