U.S. auto sales are expected to drop 2.1per cent in May from the year-ago period, as higher prices keep buyers at bay, according to industry consultants J.D. Power and LMC Automotive.
Walmart Inc has appointed Suresh Kumar, a former employee of Alphabet Inc-owned Google and Amazon.com Inc, as its new chief technology officer as it tries to fuel an internal tech transformation and boost its e-commerce business.
LONDON: Eurozone equities were held down on Tuesday (May 28) as investors tracked a brewing political fight between Brussels and Rome, and continued to digest the outcome of elections for the European Parliament, dealers said. Milan, Frankfurt and Paris all retreated as Italian debt concerns ...
Goldman Sachs Group Inc named three new executives to its management committee, the co-presidents of the bank's Asia Pacific region and its global treasurer, according to a memo sent by bank leaders on Tuesday.
MacKenzie Bezos, the former wife of Amazon.com Inc Chief Executive Jeff Bezos, pledged on Tuesday to give away half her fortune to charity, following a movement founded by billionaires Warren Buffett and Bill and Melinda Gates.
MacKenzie Bezos, the former wife of Amazon.com Inc Chief Executive Jeff Bezos, pledged on Tuesday to give away half her fortune to charity, following a movement founded by billionaires Warren Buffett and Bill and Melinda Gates.
Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite recent signs that activity was slowing.
HONG KONG: Alibaba is considering raising as much as US$20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record US$25 billion float in New York. The deal, the biggest follow-on share sale in seven...
Nissan found out about Renault's merger talks with Fiat Chrysler just days before they became public, four sources told Reuters, stoking fears at the Japanese carmaker that a deal could further weaken its position in a 20-year alliance with Renault.
Wall Street was set for a subdued open on Tuesday after an extended weekend, as investors remained on edge after President Donald Trump signaled that the United States and China were far from a trade deal.
