June 6, 2019

Ford to close engine plant in Wales in latest blow to UK car sector

Ford said it would close its plant in Bridgend, south Wales next year because of falling demand for some of its engines, putting 1,700 jobs at […]
June 6, 2019

Richard Branson takes satellite launch business to Japan with airline ANA

Sir Richard Branson’s Virgin Orbit said on Thursday it plans to bring its satellite launch system to Japan in partnership with airline operator ANA Holdings Inc, […]
June 6, 2019

Toyota, Subaru team up to develop electric SUV in battle against costs

Toyota Motor Corp and Subaru Corp on Thursday said they plan to jointly develop a battery-electric sport-utility vehicle (SUV) on a platform produced together as they […]
June 6, 2019

French bank Credit Agricole targets net profits of 5 bln euros in 2022

French bank Credit Agricole unveiled a new set of higher profit targets for 2022 after it had met its 2019 targets a year ahead of schedule, […]
June 6, 2019

Airbnb touts Japan recovery, bolstered by hotel listings

Airbnb Inc on Thursday announced a recovery in short-stay accommodation listings on its Japanese site, which plummeted after regulatory action last year, as the U.S. firm […]
June 6, 2019

U.S. must have access to U.S.-listed Chinese firms’ audit documents, lawmakers say

A bipartisan group of U.S. lawmakers introduced a bill on Wednesday to force Chinese companies listed on American stock exchanges to submit to regulatory oversight, including […]
June 6, 2019

Procter & Gamble keeps spending in Russia

Procter & Gamble is to invest 2.4 billion rubles ($37 million) in its Russian operations this year to expand its distribution center, modernize some manufacturing and […]
June 6, 2019

Huawei denies report that orders to key suppliers cut after U.S. blacklisting

Huawei Technologies Co Ltd has cut or canceled orders to major suppliers of components for its smartphones and telecom equipment following its U.S. blacklisting, the Nikkei […]
June 6, 2019

Explainer: Should Big Tech fear U.S. antitrust enforcers?

The arcane topic of antitrust law is getting more attention with the U.S. government gearing up to investigate whether Alphabet Inc’s Google, Facebook Inc, Apple Inc, […]
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