Amazon, the world’s largest online retailer, could face an EU antitrust investigation within days over its use of merchants’ data, a person familiar with the matter said on Wednesday.
Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent following data showing U.S. crude inventories fell less than expected.
The dramatic failure of brewer Budweiser APAC’s $9.8 billion Hong Kong listing left “mom and pop” investors badly out of pocket, a local broker has said in an unusual series of full-page advertisements in newspapers across the city on Wednesday.
Mobile network gear maker Ericsson posted a second-quarter profit in line with expectations on Wednesday and said it was on track to meet its financial goals due to strong sales of 5G equipment.
European car sales dropped 7.9% in June, led by bigger declines for Nissan , Volvo and Fiat Chrysler (FCA) , according to industry data published on Wednesday.
After months of relative calm in cryptocurrency markets, bitcoin exploded back into life in April with its sharpest price jump in over a year – but few people could convincingly explain why.
Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound.
Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America.
Renault’s alliance with Japanese partner Nissan remains the priority for France ahead of any further consolidation such as a merger with Fiat-Chrysler , French Finance Minister Bruno Le Maire said on Wednesday.
In March 2018, the Chilean government unveiled big news: Corporate investors, including South Korean electronics giant Samsung, would build three factories in Chile to produce battery parts for electric vehicles.
United Airlines Holdings Inc said on Wednesday it would restart daily nonstop service between New York/Newark, New Delhi and Mumbai from Sept. 6, after Pakistan lifted airspace restrictions.
Oil prices rose on Wednesday after steep falls in the previous session, although U.S. crude trailed gains for international benchmark Brent after U.S. crude inventories fell less than expected.
Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound.
Amazon has reached a deal with Germany’s anti-trust authority to overhaul its terms of service for third-party merchants, who had complained of unfair treatment when selling through the world’s biggest online retailer.
The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the discussions said on Tuesday.
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