October 11, 2018

Steinhoff’s shares plunge after global rout, report on retailer’s ex-CEO

Steinhoff’s shares fell more than 9 percent on Thursday to a near two-month low after a global market rout and a report by Bloomberg saying the […]
October 11, 2018

Apple to buy part of supplier Dialog’s business in $600 million deal

Apple Inc is to buy part of Dialog Semiconductor Plc’s business in a $600 million deal, expanding the iPhone maker’s chip operations in Europe and securing […]
October 11, 2018

German coalition parties spat over diesel car fines

Ministers from Chancellor Angela Merkel’s conservatives attacked on Thursday a proposal by the Social Democrats to fine carmakers who fail to offer diesel hardware retrofits, opening […]
October 11, 2018

UK competition regulator to study British Airways trans-Atlantic alliance

Britain’s Competition and Markets Authority (CMA) said it would investigate British Airways’ revenue-sharing partnership on trans-Atlantic routes ahead of the 2020 expiry of a previous competition […]
October 11, 2018

Asia shares swoon to 19-month lows; investors await U.S data

Share markets in Asia plunged to a 19-month low on Thursday after Wall Street’s worst losses in eight months led to broader risk aversion, a rise […]
October 11, 2018

German economy minister doubts constitutionality of diesel fines

German Economy Minister Peter Altmaier said on Thursday the government could run the risk of breaking the law if it imposed fines on carmakers who fail […]
October 11, 2018

Asia shares shattered by Wall Street rout, China’s yuan under fire

Asian share markets sank in a sea of red on Thursday after Wall Street suffered its worst drubbing in eight months, a conflagration of wealth that […]
October 11, 2018

BMW to gain control of China venture for $4.2 billion in milestone deal

Germany’s BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global carmaker as […]
October 11, 2018

Bayer gets tentative ruling for new trial in weed-killer case

Bayer AG’s Monsanto unit received a tentative ruling for a new trial on the $250 million in punitive damages awarded by a jury to a groundskeeper […]
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