Nissan Motor Co Ltd is planning to cut more than 10,000 jobs globally, in addition to previously announced workforce reductions, as part of efforts to turn around its business, Kyodo News reported on Tuesday, citing company sources.
China's campaign to boost loans to small firms was supposed to support the economy during its biggest slowdown in decades, but banks' reluctance to lend has left exporters and manufacturers in its southern industrial belt struggling to pay the bills.
WASHINGTON: The U.S. Justice Department said on Tuesday it was opening a broad investigation of major digital technology firms into whether they engage in anticompetitive practices, the strongest sign the Trump administration is stepping up its scrutiny of Big Tech. The review will look into ...
The good news is that the US and China are closer to an agreement than often assumed, says Lowy Institute's John Edwards.
Deutsche Bank AG's turnaround strategy rests in large part on shedding 288 billion euros of unwanted assets. Three bank insiders said it will take years, tying up capital that could have generated income of 500 million euros (US$557 million) a year.
White House economic adviser Larry Kudlow on Tuesday called it a good sign that top U.S. officials would be traveling to China to discuss reviving stalled trade talks, and said he expected Beijing to start buying U.S. agriculture products soon.
SARAJEVO: Indian industrialist Pramod Mittal, the younger brother of steel magnate Lakshmi Mittal, was arrested on Wednesday (Jul 24) in Bosnia for suspected fraud and "abuse of power", a prosecutor said. The case is related to the running of a coking plant in the northeastern town of Lukavac ......
The U.S. Justice Department said on Tuesday it was opening an antitrust investigation of major digital tech firms and whether they engage in anticompetitive practices.
The U.S. Justice Department is opening a broad antitrust review into whether dominant technology firms are unlawfully stifling competition, the Wall Street Journal reported on Tuesday, citing department officials.
NEW YORK: Wall Street stocks rallied on Tuesday (Jul 23) following a batch of mostly good earnings and as reports that face-to-face US-China talks will be held next week lifted hopes of a trade agreement. A broad range of companies from across the economy enjoyed strong gains after reporting ......
