April 24, 2019

Wirecard lands $1 billion investment from Japan’s Softbank

Japan’s Softbank Group Corp will buy a 5.6 percent stake in Wirecard for around 900 million euros ($1 billion), the German company said on Wednesday, joining […]
April 24, 2019

Airline SAS offers free rebooking of flights as pilot strike looms

Scandinavian airline SAS is offering travelers concerned about a possible strike by pilots the chance to reschedule flights for the April 26-29 period to another date […]
April 24, 2019

Hyundai Motor bets on U.S., South Korea sales as profit beats consensus

South Korea’s Hyundai Motor unveiled a promising outlook for sales at home and in the United States, and also reported its first rise in profit in […]
April 24, 2019

Top U.S. officials to hold trade talks in China next week

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing for trade talks beginning on April 30, the White House said in […]
April 24, 2019

New round of U.S. tariffs a ‘modest’ hit for euro area: ECB

A new round of tariffs between the United States and its main partners would only cause a “modest decrease” in the pace of economic growth in […]
April 24, 2019

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

Nissan Motor Co slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts […]
April 24, 2019

All Wells Fargo directors elected as hecklers call executives ‘frauds’

Wells Fargo & Co shareholders voted to elect all of the company-nominated directors during a rowdy meeting on Tuesday in which more than a dozen attendees […]
April 24, 2019

BMW to buy cobalt direct from Australia, Morocco for EV batteries

German carmaker BMW will buy cobalt, a key component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco to ensure they are not […]
April 24, 2019

Aviva’s UK insurance boss to step down, management review to begin

British insurer Aviva said on Wednesday that Andy Briggs, head of its UK insurance business, was stepping down from the company, just weeks after missing out […]
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