Business & Finance News
OSLO (Reuters) – At least 25 percent of the plastics used in new Volvo car models from 2025 will be from recycled materials, the Chinese-owned company said on Monday in an anti-pollution plan praised by the United Nations.
SINGAPORE (Reuters) – Google will invest $550 million in Chinese e-commerce powerhouse JD.com , part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com .
TOKYO/SYDNEY (Reuters) – Asian shares fell on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.
TOKYO (Reuters) – Asian shares retreated on Monday after U.S. President Donald Trump cranked up trade tensions with China by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind.
NEW YORK (Reuters) – Mellanox Technologies Inc , a chipmaker based in Israel and the United States, is close to reaching a deal with activist investor Starboard Value LP over the composition of its board of directors, people familiar with the matter said on Sunday.
LONDON (Reuters) – Consumer goods giant Unilever , the world’s second-biggest advertiser, is cutting ties with digital media “influencers” that buy followers, saying it wants to help make advertising more transparent.
HONG KONG (Reuters) – Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve’s hawkishness could also bring cheer for a small group of Asian economies that wouldn’t mind seeing their currencies weaken.
LONDON (Reuters) – Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.
BEIJING (Reuters) – Chinese electric vehicle maker BYD Co Ltd has announced a recall of over 10,000 cars equipped with accident-prone Takata airbag inflators, state news agency Xinhua reported on Sunday.
PARIS (Reuters) – U.S. company General Electric should be fined if it does not create as many jobs at Alstom as agreed when it purchased its energy subsidiary in 2015, a French government spokesman said on Sunday.
PARIS (Reuters) – The former head of France Telecom Didier Lombard, six other executives and telecoms operator Orange have been ordered to stand trial over their alleged role in a wave of staff suicides.
SHANGHAI (Reuters) – Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building in the city’s downtown area.
LONDON (Reuters) – A division of Germany’s Siemens has been awarded a contract worth about 1.5 billion pounds ($2 billion) to design and build 94 new generation trains for the Piccadilly Line on London’s metropolitan train network, known as the Tube.
MUMBAI (Reuters) – The Singapore Exchange (SGX) on Saturday said a court-appointed arbitrator had allowed it to continue listing and trading of SGX Nifty contracts beyond August 2018, during dispute resolution with India’s National Stock Exchange (NSE).
NEW YORK (Reuters) – The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners.
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