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 […]
October 11, 2018

FT says Murdoch in line for Tesla chair. Musk reply: incorrect

Outgoing Twenty-First Century Fox Inc Chief Executive James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc chairman, the Financial Times reported on […]
October 11, 2018

T. Rowe Price raises bet on Tesla in vote of confidence for Musk

Tesla shareholder T. Rowe Price Group Inc raised its stake in the electric car maker by nearly half in the July-September quarter, according to a regulatory […]
October 10, 2018

Rattled Wall Street stock investors fret about a correction

The deepest one-day selloff in Wall Street stocks in eight months has investors using the market equivalent of a dirty word: “correction”. Powered by WPeMatico
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