March 20, 2019

EU regulators fine Google 1.49 billion euros for blocking advertising rivals

EU antitrust regulators handed down a 1.49 billion euro ($1.69 billion) fine to Alphabet unit Google on Wednesday for blocking rival online search advertisers, marking the […]
March 20, 2019

Volkswagen’s Skoda Auto: cannot repeat 2018 pay hikes in new round of bargaining

Volkswagen’s Czech unit Skoda Auto does not expect to repeat the strong wage growth agreed in 2018 again in the latest round of collective bargaining, a […]
March 20, 2019

World shares face end to winning streak as Fed looms

World shares faced an end to their longest winning streak of the year as investors took profits on Wednesday before the U.S. Federal Reserve’s policy decision, […]
March 20, 2019

BMW warns of significant profit fall in 2019, seeks 12 billion euro in cuts

BMW on Wednesday said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a sweeping 12 billion euro ($13.6 […]
March 20, 2019

U.S. lawmaker says tech companies must quickly remove violent content after New Zealand

Following the live-streaming on social media of the mass shooting in New Zealand, the chair of the U.S. House Committee on Homeland Security wrote a letter […]
March 20, 2019

Japan government downgrades economy view as U.S.-China trade war bites

Japan’s government downgraded its assessment of the economy in March for the first time in three years, blaming a bruising U.S.-China trade war for slumping exports […]
March 20, 2019

Dongfeng-Nissan JV says mid-term China sales plan has not changed

Nissan Motor’s China joint venture with Dongfeng has not made any changes to its mid-term China sales plan, a company spokeswoman told Reuters on Wednesday, responding […]
March 20, 2019

Elon Musk never sought approval for a single Tesla tweet, U.S. SEC tells judge

Chief Executive Elon Musk has never sought pre-approval for a single tweet about Tesla Inc since striking a court-approved deal about how to communicate important information […]
March 20, 2019

Asian shares slip from 6-month high ahead of Fed policy decision

Asian shares slid on Wednesday as investors took profits ahead of a policy decision by the U.S. Federal Reserve which is expected to shed more light […]
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