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United Kingdom trade minister says European Union ‘irresponsible’ to refuse to reopen Brexit deal

Auto giant Nissan announced Sunday it was cancelling plans to build its X-Trail SUV at its plant in northeast England, saying that "the UK's future relationship...

Promises to Stick by Factory Plans in Wisconsin — Foxconn Damage Control

January 30, 2019: Louis Woo, special assistant to Foxconn's CEO, sends a shockwave through Wisconsin when he tells Reuters that the company will scale back an...

62% of Canadians say human rights trump trade in China relationship

The Canadian ambassador to China got his walking papers from Prime Minister Trudeau. December 11: Meng is released on bail of 10 million Canadian dollars (USD...

BP to be more transparent about climate efforts amid investor concerns

Energy giant BP will get behind a shareholder effort which would require it to work towards the goals of the Paris climate change agreement. But BP urged in...

RCom to move NCLT to offload assets, repay debt

RCom said "despite the passage of 12 months and over 45 meetings" it has become hard to get "100% approvals and consensus". And the NCLT had also appointed I...

Despite shutdown, US employers add robust 304K jobs in January

The U.S. economy added a higher-than-expected 304,000 jobs in January, while the unemployment rate edged up to 4 percent , the Bureau of Labor Statistics sa...

AWS now makes up over half of all Amazon revenue

Amazon has the same issues as other retailers in that it sees a huge wave of orders during the ever-important holiday season at the end of each year. Olsavsky ...

No extension to February 1 deadline for e-commerce norms

After years of protests, nationwide agitations and letters to authorities, traders' body Confederation of All India Traders (CAIT) and All India Online Vendors ...

Brexit: Unilever stockpiles Ben & Jerry's and Magnums

Former CEO Paul Polman was pushing for Unilever's headquarters to be moved to Amsterdam from London in light of Brexit . For the full year, Unilever repo...

Confusion, delays at airport after TSA agent falls to death

Some of the passengers appeared to cross police lines, struggling to cram into the narrow waiting space. A witness told the news outlet he saw the agent climb...

Consumers Energy asks Michiganders to turn down heat

Consumers Energy asked customers to turn their heat down to 65 degrees to help conserve natural gas until February 1 at noon. Ford Motor said it had also take...

China January factory activity contracts for second straight month - official PMI

The 50-mark separates growth from contraction on a monthly basis. Heading into this week's two-day high-level trade talks in Washington between the US and Chi...

PG&E files for bankruptcy with more than $50 billion in debt

PG&E crew work on power lines to fix damage caused by the Camp Fire in Paradise, California, U.S. November 21, 2018. Fire investigators also blame the utility...

Another Apple employee arrested over stealing self-driving tech secrets

According to a criminal complaint filed by the FBI, Chen began taking photographs of confidential Apple information nearly immediately. Chen told Apple inve...

Elon Musk Makes All Tesla Patents Public To Save Earth

That would be a remarkable run of stability for the company, which posted a $139.5 million net profit in the fourth quarter. The blog post was written by E...

Facebook CEO explains why he's 'merging' WhatsApp, Instagram and Facebook Messenger

This stunning growth translated across to the full year results as well. Research firm eMarketer says, Facebook's share of the global digital ad market will...

Amazon shares fall after first-quarter sales forecast misses estimates

But this year investments will rise, though Olsavsky did not detail where or how much. "That's wildly concerning", said Tom Forte, an analyst at DA Davidson &...

Foxconn Wisconsin project to be "research hub", not factory

Louis Woo, special assistant to Foxconn's CEO, was quoted as telling Reuters that it is scaling back and possibly shelving plans to build display screens in W...

Trump to meet Beijing's trade envoy this week

Chinese Vice Premier Liu He, the nation's top trade negotiator, had already arrived in Washington by Monday local time, the state Xinhua News Agency reported ...

Volkswagen's Electric 'Dune Buggy' Really Is Happening

Volkswagen announced on Thursday that it is bringing a 21st-century-styled, roofless, door-less dune buggy to the Geneva International Motor Show in March - an...

The Fed changed its strategy on interest rates - here's what it means

Taken together, the balance sheet announcement and the shift on rate hikes was meant to convey maximum flexibility from a central bank buffeted in recent weeks ...

Musk not anxious about Tesla Model 3 demand, but Wall St. is

It said it expected to deliver 360,000 to 400,000 vehicles in 2019 - growth of approximately 45% to 65% compared to 2018. Tesla Inc's chief financial office...

Report saying joblessness reached 45-year high ‘not verified’: NITI Aayog

The report , revealed just a day before the government's interim Budget, sets up a huge controversy just before the national election, due by May, with the opp...

Carlos Ghosn says fellow executives plotted to oust him

Ghosn said he had discussed a "plan to integrate" Nissan with Renault and their smaller alliance partner Mitsubishi Motors Corp. with Nissan's CEO, Hiroto Sai...

USA makes formal extradition request for Huawei CFO

Tensions are high over the arrest of Ms Meng in Canada last month. Meng was charged with bank and wire fraud to violate U.S. sanctions against Iran . It ...