November 21, 2018

Harvesting in a trade war: U.S. crops rot as storage costs soar

U.S. farmers finishing their harvests are facing a big problem – where to put the mountain of grain they cannot sell to Chinese buyers. Powered by […]
November 21, 2018

Deutsche Bank had limited need to know details of Danske transactions, executive says

Deutsche Bank played only a secondary role as a so-called correspondent bank to scandal-hit Danske Bank , limiting what it needed to know about the people […]
November 21, 2018

Danske money laundering whistleblower calls UK structures a ‘disgrace’

British company structures which hide the identity of their beneficiaries are a “disgrace”, the whistleblower who brought to light an alleged 200 billion euro ($228 billion) […]
November 21, 2018

Nissan wants less clout from Renault as Japan seeks to stabilize alliance

Japan said it is ready to work for the stability of the Nissan-Renault global alliance following the stunning arrest of common Chairman Carlos Ghosn, but a […]
November 21, 2018

Wells Fargo fights to leave customers out of auto payout plan

Wells Fargo & Co is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they […]
November 21, 2018

Amazon opens Spanish pop-up store to showcase its wares

Amazon on Wednesday opened its first pop-up store in Spain in an old building in one of Madrid’s prime shopping districts styled as a house with […]
November 21, 2018

Airbus names finance, operations chiefs amid major overhaul

Airbus on Wednesday named new financial and operations chiefs as part of a complete leadership overhaul as it emerges from months of internal strife caused by […]
November 21, 2018

U.S. chipmaker Nvidia to provide AI platform for Chinese EV start-ups

U.S. chipmaker Nvidia Corp has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors to develop autonomous driving technology, Chief […]
November 21, 2018

IKEA Group plans to cut 7,500 administrative jobs

IKEA Group, the owner of most IKEA furniture stores worldwide, plans to cut 7,500 jobs over the next couple of years, mainly administrative staff in central […]
November 21, 2018

Oil bounces above $63 after slide, but glut worries persist

Oil bounced above $63 a barrel on Wednesday to claw back some of the previous day’s 6 percent plunge, lifted by a report of an unexpected […]