November 8, 2018

VW denies report it has offered to fully cover costs of diesel hardware retrofits

A spokesman for Volkswagen on Thursday denied a media report that said the carmaker was prepared to fully cover the costs of diesel hardware retrofits, which […]
November 8, 2018

India’s finance minister says Mastercard, Visa losing out to local players

India’s finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after Mastercard complained to the U.S. government […]
November 8, 2018

Tesla director Denholm to replace Musk as board chair

Tesla Inc said Robyn Denholm will replace Elon Musk as chair of the electric-car maker’s board, more than a month after the billionaire had to step […]
November 8, 2018

UBS faces new legal battle in U.S. over mortgage securities

UBS Group AG , Switzerland’s largest bank, faces a another potentially costly legal battle as the U.S. Department of Justice is preparing civil charges over the […]
November 8, 2018

Senior China diplomat says U.S., China can resolve trade dispute through talks

The Chinese government’s top diplomat Wang Yi said on Thursday that China and the United States can and should appropriately resolve their trade dispute through talks. […]
November 8, 2018

Premium PC business boosts Lenovo’s quarterly profit

Chinese PC maker Lenovo Group reported a 21 percent rise in second-quarter net profit, beating expectations, thanks to more premium computers it sold during the period. […]
November 8, 2018

Australian wealth giant AMP, under pressure, says tougher laws would ‘distract’

Struggling Australian wealth manager AMP Ltd fears any new regulation of the finance sector would “distract” participants from acting ethically, it said on Thursday, striking a […]
November 8, 2018

Alibaba’s on-demand online services unit valued at $30 billion: sources

Alibaba Group’s newly formed on-demand online services unit has rocketed in value to as much as $30 billion after raising $4 billion in fresh funds, people […]
November 8, 2018

Walmart will offer Black Friday deals earlier this year

Walmart Inc said it would start offering holiday deals for customers as early as Thursday, as it prepares to compete with Amazon Inc , Target Corp […]
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