January 18, 2019

Foxconn cuts 50,000 contract jobs in China: Nikkei

Apple Inc’s biggest iPhone assembler Foxconn Technology Group has let go around 50,000 contract workers in China since October, months earlier than normal, Nikkei reported on […]
January 18, 2019

Renault targets 2019 sales growth after a 3.2 percent gain in 2018

French carmaker Renault posted a 3.2 percent increase in 2018 vehicle sales, boosted by a new Chinese joint venture, and pledged further “slight growth” this year […]
January 18, 2019

Bombardier says on track to solve Swiss train problems: paper

Bombardier is making progress resolving problems with double-decker passenger trains which have drawn criticism from buyer Swiss Federal Railways (SBB), the company’s Swiss country chief has […]
January 18, 2019

Consumer giants spurn risks to chase online subscribers

Major consumer companies including Unilever , Procter & Gamble and Nestle are chasing consumers who want food and household goods delivered automatically, even though this kind […]
January 18, 2019

After billion-barrel bonanza, BP goes global with seismic tech

Buoyed by the success of seismic imaging that found an extra billion barrels of oil in the Gulf of Mexico, BP is looking to take its […]
January 18, 2019

Ghosn received $9 million improperly from Nissan-Mitsubishi JV: companies

Arrested auto executive Carlos Ghosn improperly received 7.8 million euros ($9 million) in compensation from a joint venture (JV) between Nissan Motor Co and Mitsubishi Motors […]
January 18, 2019

Shutdown clouds outlook for consumer-driven U.S. economic growth

After tax cuts, rising incomes and buoyant stock markets set off a consumer boom in 2018, signs are emerging that the main engine of U.S. economic […]
January 18, 2019

Asia stocks rise broadly on U.S.-China trade relief

Asian stocks rose across the board on Friday as a report of progress in U.S.-China trade talks stirred hopes of a deal in their tariff dispute […]
January 18, 2019

India’s Sun Pharma tumbles on report of fresh allegations by whistleblower

Shares of India’s Sun Pharmaceutical Industries Ltd slumped over 13 percent on Friday to near six-year low, after a media report of a complaint by a […]
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