April 15, 2019

Exclusive: Foxconn chairman says aims to step down to pave way for younger talent

The chairman of Taiwan’s Foxconn, assembler of Apple’s iPhones, said on Monday he plans to step down in the coming months as he wants to pave […]
April 15, 2019

Citigroup to refund retail customers for investment losses: Australian regulator

Citigroup will refund more than A$3 million ($2.2 million) to retail customers in Australia who suffered losses from complex investments sold by the bank, the country’s […]
April 15, 2019

Foxconn chairman Gou says he aims to step down in coming months

The chairman of Taiwan’s Foxconn, assembler of Apple Inc’s iPhones, told Reuters on Monday he plans to step down in the coming months, saying he wants […]
April 15, 2019

Volkswagen pushes battery partners to build Gigafactories

Volkswagen is pushing its joint venture partners including SK Innovation (SKI) to build electric car battery plants which have at least one Gigawatt manufacturing capacity, Chief […]
April 15, 2019

Volkswagen expects core brand’s global 2019 sales to be in line with last year: senior executive

Volkswagen expects global sales of its core brand this year to be in line with the 6.24 million level that it achieved in 2018 even though […]
April 15, 2019

Worried a recession is coming, U.S. online lenders reduce risk

U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are scrutinizing loan quality, securing long-term financing and cutting costs, as executives prepare for […]
April 15, 2019

Asia’s tech champions zero in on main street banking

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed in China […]
April 15, 2019

Oil dips, supply issues in focus

Oil prices edged lower on Monday after international benchmark Brent hit a fresh five-month high in the previous session, but concerns over global supplies kept prices […]
April 14, 2019

Lyft pulls electric bikes in three U.S. cities after complaints about braking

Lyft Inc is removing several thousand electric bikes from service in its bike-share program in New York, Washington and San Francisco because of a braking problem, […]
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