Business

Trump threatens to impose more trade tariffs on China

Trump is ratcheting up the pressure on China as he's trying to convince US lawmakers to let Chinese telecom company ZTE Corp. remain in business. Trump's l...


Trump Says Crime In Germany Is Up, It's Actually Down

The issue has escalated into a high-stakes power struggle. German Chancellor Angela Merkel sits in a auto as she arrives for a leaders meeting of her Chri...


Trump escalates China trade spat with extra tariffs threat

Trump said if China increases its tariffs again in response to the latest USA move, "we will meet that action by pursuing additional tariffs on another $200 b...


Chanda Kochhar to go on leave till probe gets over

Till an independent probe into the allegations against Kochhar is completed, the lender may appoint Sandeep Bakhshi , the CEO of its insurance subsidiary, IC...


Tesla's Musk alleges 'extensive' employee sabotage

However, Tesla's stock price has rallied almost 17 percent since the company's June annual shareholder meeting where Musk promised profitability in the third ...


Trump taps budget official to head Consumer Financial Protection Bureau

Kraninger "will bring a fresh perspective and much-needed management experience to the [agency], which has been plagued by excessive spending, dysfunctional ope...


CYBG and Virgin Money confirm £1.7bn takeover deal

It said the deal will create Britain's sixth-largest bank and will be a new challenger to the country's top four lenders. "By combining two of the UK's leadin...


Google investing $550 million in Chinese ecommerce company

The companies said the investment is the start of a partnership that will see JD.com products promoted on Google's shopping service, expanding JD.com's reach ...


Audi chief executive Rupert Stadler arrested

German automobile company Audi's CEO Rupert Stadler has been arrested on suspicion of fraud. Stadler's arrest is the most high-profile yet in the diesel gat...


Audi CEO detained in diesel emissions case

Stadler was arrested this morning. The hearing to determine whether he will be remanded is ongoing", a spokesman for parent company Volkswagen said. Last week...


Tesco raises pressure on rivals with price cuts

The lower prices will be welcomed by British consumers where a string of retailers have struggled in a tough market. The UK supermarket sector has been upen...


McDonald's Begins Global Shift Away From Plastic Straws

The paper used for the new straws will be drawn from sustainable forests and will be made by two companies, one of which is based in Northern Ireland. There a...


Elon Musks Boring Co to build high-speed airport link in Chicago

This is one of the reasons Mayor Emanuel made a decision to give the approval to begin the process, citing the major benefits it would afford Chicago resident...


Canada Goose (GOOS) Price Target Raised to C$64.00 at Barclays

A worker sews Canada Goose patches at the Canada Goose factory in Toronto, Ontario, Canada, February 23, 2018. These stores complement the brand's e-commerc...


Rolls-Royce cuts 4,600 jobs to boost profit

Since then it has said any improved shareholder returns will be linked to its free cash flow performance. Rolls-Royce has a 52-week low of GBX 733.50 ($9.77) an...


Trump's tariffs pose risk to global trade, US economy

The IMF urged the Trump administration to work constructively with other trading partners to address trade and investment disputes. "We, therefore, encourage ...


McDonald’s To Test Alternative To Plastic Straws

The change, which will begin to take effect in September, follows trials of paper straws at select locations. The widening ban on plastic straws comes as Unit...


Ride-sharing giant Didi picks Australia for first western foray

Besides the Chinese mainland, Didi has also expanded its global stretch to Japan, Latin America, Hong Kong and Taiwan as the company ramps up for a multibilli...


Royal Mail's 'warped mindset' on flag policy after World Cup ban

Other flags flying among the mass of England St George's Crosses include those of Colombia and Poland. Royal Mail has banned the England flag from its vans....


Boy dies after Colo. shooting; man in custody

The shooting left a boy dead and his mother and brother in critical condition. Westminster police say the boys' mother was also shot and sustained life-threat...