June 18, 2019

Volkswagen aims to boost in-house software development to 60% by 2025

Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called “Car.Software” by 2025 as the German carmaker aims to develop at […]
June 18, 2019

Asia stocks edge up cautiously as Fed jitters build, Europe seen lower

Most Asian stock markets rose on Tuesday but gains were capped by investor caution ahead of a U.S. Federal Reserve policy decision, while crude oil prices […]
June 18, 2019

Renault-Nissan alliance remains priority for French finance minister

Renault’s alliance with Japanese partner Nissan remains French Finance Minister Bruno Le Maire’s priority ahead of any further consolidation with the likes of Fiat-Chrysler, he said […]
June 18, 2019

Alibaba puts CFO in charge of investment in major management reshuffle

China’s Alibaba Group Holding Ltd on Tuesday unveiled its most significant business reshuffle since co-founder Jack Ma announced his pending retirement, as the e-commerce firm looks […]
June 18, 2019

Asia stocks cautious before Fed, oil on defensive

Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply […]
June 17, 2019

U.S. settles antitrust charges with Fox, CBS, Scripps, Cox, Tegna

The U.S. Justice Department said on Monday it had settled antitrust charges with CBS Corp, Cox Enterprises Inc, E.W. Scripps Co, Fox Corp and Tegna Inc, […]
June 17, 2019

Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma

Pfizer Inc said on Monday it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader […]
June 17, 2019

Oil prices fall 1% as economic worries outweigh tanker tensions

Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand. Powered by WPeMatico
June 17, 2019

Bah humbug! Trump’s plan for more China tariffs to hit festive shoppers

This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports – because […]
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