Business & Finance News
Business News
Alphabet’s legal head David Drummond to retire this month
(Reporting by Munsif Vengattil in Bengaluru; Editing by Shounak Dasgupta)
Business News
Business News
Factbox: Global passenger car sales by luxury brand
Carmakers Daimler BMW Audi and Jaguar Land Rover released annual sales figures for their premium brands.
Business News
Olympics: Games must connect with gamers to keep Olympics relevant – Bach
The International Olympic Committee has to connect with hundreds of millions of gamers worldwide if the Olympic body is to remain relevant with the younger generation, IOC President Thomas Bach said on Friday.
Business News
Uber to take exit ramp in Colombia after ‘arbitrary’ court ruling
Uber Technologies Inc will stop operating in Colombia at the end of this month, following a court order late last year which the ride-hailing company on Friday called “arbitrary” and a violation of its right to due process.
Business News
Uber to exit Colombia on Jan. 31 after court ruling
Uber Technologies Inc will stop operating in Colombia from the end of this month, following a court order late last year, the ride-hailing company said in a statement on Friday.
Business News
Takeaway seals victory in $8 billion Just Eat battle
Online food ordering company Takeaway.com has won the battle for Britain’s Just Eat with a 6.2 billion pound ($8 billion) share offer that will create one of the world’s largest meal delivery companies.
Business News
U.S. to probe Fitbit, Garmin other wearable devices after Philips complains
U.S. trade regulators on Friday said they will investigate wearable monitoring devices, including those made by Fitbit Inc and Garmin Ltd, following a complaint by Koninklijke Philips and its North America unit.
Business News
China’s Geely in talks to take stake in Britain’s Aston Martin: FT, source
China’s Geely Automobile Holding is in talks with Aston Martin management and investors about taking a stake in the iconic British luxury carmaker, according to a source familiar with the discussions and the Financial Times on Friday.
Business News
Goldman Sachs finally launches app for online bank Marcus
Goldman Sachs Group Inc launched a long-awaited app this week for customers of its online bank Marcus.
Business News
Oil pares losses on fresh Mideast tensions
Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new sanctions on Iran in retaliation for its missile attack on U.S. forces in Iraq this week.
Business News
As White House plans U.S.-China Phase 1 ceremony, still no final deal text
The Trump administration has invited at least 200 people to a Jan. 15 ceremony to witness the signing of the Phase 1 trade deal between the United States and China, but the two nations have not yet finalized what, exactly, will be signed, White House officials said on Friday.
Business News
Lebanese prosecutors plan to question ousted Nissan boss Ghosn’s wife
Ousted Nissan boss Carlos Ghosn’s wife Carole will be questioned by Lebanese prosecutors when authorities receive an Interpol notice, Lebanon’s caretaker justice minister Albert Serhan said in a statement on Friday.
Business News
China’s Geely in talks to take stake in Aston Martin: FT
China’s Geely Automobile Holding held talks with Aston Martin management and investors as it considers investing into the British luxury carmaker, The Financial Times reported https://www.ft.com/content/d2959822-33a4-11ea-9703-eea0cae3f0de on Friday.
Business News
Brookfield, Temasek team up for Thyssenkrupp elevator bid: sources
Canada’s Brookfield Asset Management has teamed up with Singapore state investor Temasek Holdings [TEM.UL] in the auction for Thyssenkrupp’s prized elevator division, two people familiar with the matter said.
Business News
Dow surpasses 29,000 as investors look past weak jobs data
The Dow Jones Industrial Average on Friday crossed the 29,000 mark for the first time, as gains in technology and healthcare stocks offset concerns from a report showing slower-than-expected U.S. jobs growth in December.