September 19, 2018

Amazon’s use of merchant data under EU microscope

EU regulators are quizzing merchants and others on U.S. online retailer Amazon’s use of their data to discover whether there is a need for action, Europe’s […]
September 19, 2018

China’s Tencent Music seeks $2 billion in U.S. IPO: sources

Tencent Music Entertainment Group, China’s biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing, according to three people close to the […]
September 19, 2018

World stocks bat aside trade war fears, rally for second day

Global equities rallied for a second straight day on Wednesday while safe-haven assets such as U.S. bonds and the Japanese yen slipped to multi-week lows as […]
September 19, 2018

AutoNation’s Mike Jackson to step down as CEO next year

AutoNation Inc’s longtime Chief Executive Officer Mike Jackson will step down from the role next year but remain executive chairman until 2021, the largest U.S. auto […]
September 19, 2018

China says won’t weaken currency to boost exports, as U.S. tariffs mount

China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one […]
September 19, 2018

Futures flat, 10-year yields head back above 3 percent

U.S. stock markets headed for a flat open on Wednesday, holding just off three-week highs after brushing aside the latest blows in Washington and Beijing’s trade […]
September 19, 2018

Mars aims to tackle ‘broken’ cocoa model with new sustainability scheme

Mars Wrigley Confectionery launched a new sustainability strategy on Wednesday with the aim of combating deforestation, child labor and poverty in what it called the “broken” […]
September 19, 2018

Renault-Nissan adopts Android in coup for Google

The Renault-Nissan-Mitsubishi carmaking alliance said on Tuesday it will adopt Alphabet’s Google Android operating system, handing a victory to the U.S. tech giant as it pushes […]
September 19, 2018

Toshiba Memory chief shrugs off price concerns, sticks with IPO plans

The chief executive of Toshiba Memory Corp, the world’s No. 2 producer of NAND flash memory chips, on Wednesday brushed aside concerns about falling memory chip […]
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