Articles by admin

With Brexit less than two months away, and no divorce deal in sight, some German companies are taking matters into their own hands to limit any damage to their businesses.

…read more […]

E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace since 2016, as the impact of a slowing Chinese economy and a crippling Sino-U.S. trade war kept buyers away during its top-sale season.

…read more […]

Oil prices rose about 1 percent on Wednesday, boosted by concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry but pegged back by uncertainty over the global economy.

…read more […]

AT&T Inc on Wednesday missed Wall Street estimates for net new wireless subscribers who pay a monthly bill, as the company struggled to attract customers in a saturated U.S. phone market.

…read more […]

Siemens will accept defeat if the European Union rejects its pleas to allow it to combine with Alstom to create a powerful Franco-German rail business.

…read more […]

AT&T Inc on Wednesday missed fourth-quarter Wall Street estimates for net new wireless subscribers who pay a monthly bill, as the company struggled to attract customers in a saturated U.S. phone market.

…read more […]

E-commerce giant Alibaba Group Holding Ltd’s quarterly revenue grew at its weakest pace in three years, as the impact of a slowing China and a crippling Sino-U.S. trade war kept buyers away during its top-sale season.

…read more […]

Brazil’s state-run oil company Petroleo Brasileiro SA said on Wednesday that its negotiations with Chevron Corp to sell its Pasadena refinery are nearly done, and the deal will be discussed by its board this Wednesday.

…read more […]

A top U.S. bank regulator has decided not to fine Citigroup for discriminating against minority mortgage borrowers, dropping the public rebuke that some officials had sought, two people familiar with the matter told Reuters.

…read more […]

Siemens is “unlikely” to make a renewed attempt to win European Union approval for its planned merger of rail businesses with Alstom’s should the current attempt fail, Siemens managing board member Roland Busch said on Wednesday.

…read more […]

Intel Corp has committed to buy 15 billion shekels ($4 billion) of Israeli products and services over the next six years as it begins a massive expansion of its local operations, Israel’s economy ministry said on Wednesday.

…read more […]

Oil prices held steady on Wednesday, boosted by concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry but pegged back by a bleak outlook for the global economy.

…read more […]

World stocks inched up and the dollar steadied on Wednesday ahead of policy guidance from the U.S. Federal Reserve, with Apple results providing relief while market confidence that a no-deal Brexit can be avoided took a hit.

…read more […]

Carlos Ghosn said Nissan executives opposed to his plans for closer ties with automaking partner Renault SA resorted to “plot and treason” to disrupt them and were behind the financial misconduct allegations against him.

…read more […]

Siemens Chief Executive Joe Kaeser called on European antitrust authorities not to be “backward looking technocrats” and approve the German company’s planned rail mega-merger with France’s Alstom.

…read more […]