Business News

Second Credit Suisse spying probe expected to clear CEO Thiam: report

The revived concerns about the bank's practices after the tailing of wealth management star Iqbal Khan in September led to a scandal and upheaval in Credit Suisse's highest ranks

Dec 22, 2019

By Reuters

Tesco suspends Chinese supplier after prisoner labor report

The company, which prints cards and books for food and pharmaceutical companies, says on its website it supplies Tesco

Dec 22, 2019

By Reuters

McDonald's in trouble: Manager of Peru franchise blames faulty machine for employees' death

The manager said that the drinks machine was giving shocks, which was not reported by the local managers to the company's maintenance department

Dec 22, 2019

By R. Ghosh

Uber ordered by Columbia to suspend ride-hailing services for violating competition rules

Uber's crisis continues to grow with the company facing similar ruling in Germany and London in the past one month

Dec 22, 2019

By R. Ghosh

Argentine Senate gives final OK to progressive economic overhaul plan

The "Social Solidarity and Production Reactivation" act was approved 41-23 with one abstention in the Senate after passing the lower House on Friday

Dec 21, 2019

By Reuters

EU-UK trade deal cannot allow 'race to the bottom': EU's Barnier

British Prime Minister Boris Johnson said on Friday there would be no alignment with EU rules under the terms of a trade deal he wants to strike with the bloc next year

Dec 21, 2019

By Reuters

Boeing's failed Starliner mission strains 'reliability' pitch

Boeing or Boeing heritage companies have built every American spacecraft that has transported astronauts into space

Dec 21, 2019

By Reuters

Spacex Elon musk

The impact of Indonesia vs EU trade spat

Indonesia will effectively ban exporting nickle ore in 2020 as low-level nickel can be processed in domestic smelters

Dec 21, 2019

By Yasmin Rasidi

Google fined $167 million by French regulators for mistreating advertisers

French regulators said that given its dominant market position in online search business, the tech giant should also offer fair access to Google Ads

Dec 21, 2019

By R. Ghosh

Facebook

Apple reportedly has a secret team that's developing satellite technology

If reports are to be believed, the iPhone maker has hired a number of engineers and designers from the aerospace and satellite industry

Dec 21, 2019

By R. Ghosh

Spacex Elon musk

Another legal blow: German court bans Uber's ride-hailing business in that country

The ban comes weeks after the Transport of London declined Uber's request for a new London license over safety concerns

Dec 20, 2019

By R. Ghosh

General Motors recalls over 900,000 Chevrolet, Cadillac and GMC models to address battery and brake issues

The carmaker will recall 550,000 pickup trucks and sedans in the first phase, while another 400,000 vehicles will be recalled in the second phase

Dec 20, 2019

By R. Ghosh

Bank of England audio leak gave head start on briefings

Britain's central bank said a third-party supplier had accessed a back-up audio feed of some of its news conferences without its consent

Dec 19, 2019

By Reuters

Cyrus Mistry, chairman of Tata Group, smiles during the Tata Consultancy Services Ltd. (TCS) annual general meeting in Mumbai June 27, 2014

India's Tata Sons suffers setback as Cyrus Mistry gets tribunal backing to return as chairman

India's company law tribunal says the appointment of N Chandrasekaran as Tata Sons chairman is illegal.

Dec 19, 2019

By Reuters

China and US close to signing Phase 1 trade deal? Beijing drops hints

Both the Chinese and US trade teams are in close communication, Chinese commerce ministry says.

Dec 19, 2019

By Reuters

Prev 231 232 233 234 235 236 237 238 239 240 Next