German luxury carmaker BMW on Thursday named 55-year-old Oliver Zipse as its new chief executive, continuing a tradition of promoting a manufacturing expert to the top job.
U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon's contract with the U.S. Defence Department after getting complaints from other tech companies.
Southwest Airlines Co joined U.S. rivals on Thursday in cancelling more flights until early November due to the continued grounding of Boeing Co's 737 MAX, which has also prompted the low-cost carrier to freeze new pilot hiring.
U.S. President Donald Trump planned to meet on Thursday with the chief executives of major American airlines to discuss their accusations that subsidies by Qatar and United Arab Emirates are costing jobs in the United States.
U.S. President Donald Trump will meet with top executives from a handful of airlines on Thursday to discuss "competition and transparency," a White House official said.
CHANTILLY, France: A threat to the international financial system. Not ready to be implemented. A potentially shadowy mechanism that could be exploited by criminals. G7 finance ministers and central bankers have dealt a new blow to Facebook's planned new cryptocurrency Libra, issuing a barrage of ...
Transport app FlixMobility has raised around 500 million euros (US$561 million) in Germany's biggest tech funding round to date to back investments in its expansion, sources familiar with the matter said on Thursday.
WASHINGTON: The US House of Representatives on Thursday (Jul 18) passed legislation to raise the federal minimum wage to US$15 an hour by October 2025, a big win for workers and labour groups, even as it remained unlikely the bill would pass a Republican-controlled Senate. The move comes at a...
LONDON: European stock markets fell on Thursday (Jul 18) on concerns about an uncertain global economic outlook as disappointing company results added weight to lingering disquiet about the China-US trade war. With an expected US Federal Reserve interest rate cut already priced in and few other ...
Morgan Stanley reported a 10per cent fall in quarterly profit on Thursday as low market volatility crimped trading and advisory revenue.
