News

Wed, 20 Feb 2019 00:42:52 -0500
India's Supreme Court said on Wednesday that Reliance Communications chairman Anil Ambani willfully did not pay 5.5 billion rupees to Swedish telecom equipment maker Ericsson, holding him guilty in a contempt of court case.
Wed, 20 Feb 2019 00:42:11 -0500
The United States should respect China's right to develop and become prosperous, the Chinese government's top diplomat told a visiting U.S. delegation, reiterating that the country's doors to the outside world would open wider.
Wed, 20 Feb 2019 00:39:24 -0500
Microsoft Corp on Wednesday said it will offer its cyber security service AccountGuard to 12 new markets in Europe including Germany, France and Spain, to close security gaps and protect customers in political space from hacking.
Wed, 20 Feb 2019 00:38:14 -0500
Lockheed Martin offered India a new combat jet, F-21, on Wednesday to be made locally, in a bid to win a large military order worth over $15 billion.
Wed, 20 Feb 2019 00:33:38 -0500
Oil prices slipped away from 2019 highs on Wednesday, with surging U.S. supply and slowing economic growth tempering upward pressure from supply cuts led by producer club OPEC and from Washington's sanctions on Iran and Venezuela.
Tue, 19 Feb 2019 22:31:13 -0500
Nissan Motor Co Ltd's independent committee on governance is expected to recommend against the company having the same chairman as Renault SA, the Financial Times reported on Wednesday, citing people with knowledge of the discussions.
Tue, 19 Feb 2019 22:28:48 -0500
Asian stocks advanced to 4-1/2-month highs on Wednesday as investors bet that Chinese and U.S. trade negotiators would be able to secure a deal to de-escalate their year-long tariff war.
Tue, 19 Feb 2019 22:27:49 -0500
The Tokyo Stock Exchange's push to weed out small and weak firms from its main board could take years, but some fund managers are already ditching small-caps for fear they could be excluded from benchmarks.
Tue, 19 Feb 2019 21:59:23 -0500
A top Southwest Airlines Co executive said the low-cost carrier would investigate why the number of aircraft unable to fly due to mechanical issues had doubled in recent days, causing flight delays and cancellations.
Tue, 19 Feb 2019 21:48:04 -0500
Qualcomm Inc is urging U.S. trade regulators to reverse a judge's ruling and ban the import of some Apple Inc iPhones in a long-running patent fight between the two companies.
Tue, 19 Feb 2019 21:47:08 -0500
South Korean prosecutors on Wednesday raided the office of Hyundai Motor Co's quality division in southern Seoul as part of a probe into how the automaker and affiliate Kia Motors Corp handled vehicle recalls over engine defects, online media Chosun Biz reported.
Tue, 19 Feb 2019 20:55:17 -0500
Elon Musk's Tesla Inc is preparing to launch its leasing products for Model 3 to boost demand, news website Electrek said on Tuesday, citing an email sent to employees.
Tue, 19 Feb 2019 20:36:19 -0500
The U.S. Federal Trade Commission has given Germany's Fresenius Medical Care AG and U.S. home dialysis equipment maker NxStage Medical Inc antitrust approval for their merger, the agency said on Tuesday.
Tue, 19 Feb 2019 19:55:04 -0500
Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world.
Tue, 19 Feb 2019 19:36:10 -0500
The U.S. government has reached a settlement with Teva Pharmaceuticals Industries Ltd over charges that its agreements with rivals impeded consumer access to lower-priced generic drugs.
Tue, 19 Feb 2019 18:57:38 -0500
New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now and that he sees no need to raise them again unless economic growth or inflation shifts to an unexpectedly higher gear.
Tue, 19 Feb 2019 18:10:30 -0500
Walmart Inc posted its strongest holiday quarter in at least a decade on Tuesday, boosted by higher grocery and e-commerce sales, and said it saw no signs of weakness in U.S. consumer spending despite recent signs of a slowdown.
Tue, 19 Feb 2019 18:09:59 -0500
As Brexit looms, Kellogg Co and Mondelez International Inc are taking measures to protect Britons from a potential shortage of Pringles chips, BelVita biscuits and Milka chocolate.
Tue, 19 Feb 2019 17:36:17 -0500
U.S. stocks gained ground on Tuesday as upbeat results from Walmart boosted investor sentiment and high-level U.S.-China trade talks resumed in Washington.
Tue, 19 Feb 2019 17:00:14 -0500
The U.S. Securities and Exchange Commission (SEC) proposed on Tuesday to expand a rule that allows companies to sound prospective investors out privately before going public.