EU antitrust regulators will investigate whether U.S. chipmaker Broadcom uses exclusivity restrictions to block rivals in the TV and modem chipsets markets, a move that could lead to hefty fines for the company and an order to end such practices.
Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall Global marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.
Oil prices rose on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and industry data that showed U.S. crude stockpiles fell more than expected.
The fate of thousands of lawsuits seeking to hold drugmakers responsible for fueling the U.S. opioid epidemic hinges in part on a thorny legal question: Can a company can use a bankruptcy to stop lawsuits from cities and states?
Volkswagen’s truck unit Traton is expected to price its initial public offering (IPO) this week toward the lower end of the marketing range, people close to the matter said.
Volkswagen’s truck unit Traton is expected to price toward the lower end of the marketing range in this week’s initial public offering, people close to the matter said.
The Swiss foreign ministry on Wednesday banned planemaker Pilatus from operating in Saudi Arabia and the United Arab Emirates, saying the company had breached rules on logistical support for foreign armed forces.
U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the trade deal between the United States and China is “about 90%” complete, CNBC reported.
Chinese e-commerce giant Alibaba on Wednesday launched an English-language website for its Tmall marketplace aimed at merchants, in an attempt to double the number of international brands on the platform to 40,000 in the next three years.
Global stocks fell while the dollar rose on Wednesday as comments from U.S. Federal Reserve dampened excitement about an aggressive rate cut as early as July from the world’s most important central bank.
Japan’s markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn’s compensation, a source said.
Japan’s markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co up to 4 billion yen ($37 million) over the alleged underreporting of former Chairman Carlos Ghosn’s compensation, a source said.
Oil prices hit their highest level in nearly a month on Wednesday, buoyed by an outage at a major refinery on the U.S. East Coast and industry data that showed U.S. crude stockpiles fell more than expected.
Japanese Prime Minister Shinzo Abe said on Wednesday that he hoped the United States and China would resolve their trade war through constructive dialogue when they meet at a gathering of leaders from the Group of 20 major economies.
Walmart said it aims to list its Japanese supermarket unit Seiyu while keeping a majority stake in the business, amid on-and-off speculation the U.S. retail giant was looking to exit Japan where it has struggled to grow.
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