Archives

General Motors plans fresh move into electric car market: report

General Motors Co (GM.N) plans to offer a new electric vehicle with a style and price-point that can compete with the forthcoming Tesla Model 3 car due out in two years, the Wall Street Journal reported on Friday.


Japan readies record $800 billion 2015-16 budget: sources

Japan's government will propose a record budget for next fiscal year of more than $800 billion but cut borrowing for a third year, government officials said on Sunday, as Prime Minister Shinzo Abe seeks to maintain growth while curbing the heaviest debt burden in the industrial world.

Bureaucracy delaying Qatar Airways launch in Saudi: CEO quoted

Complicated bureaucracy is delaying the launch of Qatar Airways' domestic operations in Saudi Arabia, and they are now expected to start in six to 18 months, the airline's chief executive was quoted as saying.

'Vibrant India': Modi's superlative act to charm investors

Global statesmen and business titans descend on Indian Prime Minister Narendra Modi's home state on Sunday to pay homage to the man they are counting on to unleash big-bang reforms and create one of the few bright spots in a troubled world economy.


Latest News

Plunging oil prices have sparked a big rally in Asian government bond markets as lower fuel costs cut inflation expectations, but the rally could be built on shallow foundations as monetary policymakers remain out of step with tumbling bond yields.
Britain's leading fashion brands are hoping to give menswear sales a lift by targeting younger, digitally savvy male shoppers with live streaming and social media to promote the twice-yearly mens fashion week that began on Friday.
Bankers are lining up just over 1 billion pounds ($1.51 billion) of debt financing to back private equity firm KKR’s potential bid for the UK assets of cement makers Lafarge (LAFP.PA) and Holcim (HOLN.VX), banking sources said on Friday.
Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp (DG.N) and Dollar Tree Inc (DLTR.O) to buy Family Dollar Stores Inc (FDO.N), a development that potentially complicates the companies' efforts to win U.S. approval for a deal.
A hacker claiming to be behind a cyber attack on Banque Cantonale de Geneve on Friday divulged confidential client information after the Swiss bank failed to meet demands for payment.
Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyberattack he likens to having your house robbed and burned to the ground.
Germany's highest court has declined to hear a complaint brought by online taxi service Uber over a ban on its activity in the city of Hamburg, dealing a blow to the company.
A fire on Friday at an Amazon.com Inc data center under construction in Virginia was quickly extinguished and all workers at the site left safely, the company and county officials said.
Ellen Pao, a former partner at Kleiner Perkins Caufield & Byers who has filed a discrimination and retaliation lawsuit against the venture firm, had offered to resign from Kleiner five years before filing her lawsuit, court documents show.
Brazilian industrial output took an unexpected step backward in November as production of durable goods declined sharply, further damping hopes of a recovery in the long-beleaguered sector.