The Trump administration on Thursday added nine Chinese firms to a blacklist of alleged Chinese military companies, including planemaker Comac and mobile phone maker Xiaomi, according to a document seen by Reuters.
Daimler will cut production and reduce working hours at a second factory, the latest automaker to suffer from a global shortage of semiconductors, the Handelsblatt daily reported on Thursday, citing unnamed company sources.
The Dow and the Nasdaq hit record highs on Thursday in anticipation of President-elect Joe Biden's pandemic aid proposal to jump-start a struggling economy after data highlighted weakening labor market conditions.
Wells Fargo & Co is in exclusive talks to sell its asset management business, which manages more than US$607 billion on behalf of customers, to a private equity consortium led by GTCR LLC and Reverence Capital Partners LP, according to people familiar with the matter.
Toyota Motor Corp will settle a Justice Department civil probe into its delayed filing of emissions-related defect reports for US$180 million, sources briefed on the matter said.
NEW YORK: Tech firms SAP and IBM said on Thursday they had redrawn their human resources policies after last year's Black Lives Matter protests, improving recruitment and acting to address issues of race more openly in the workplace. Executives from the two companies told the Reuters Next ...
France on Thursday took a tough line against any takeover of retailer Carrefour by a foreign company, dealing a major blow to a near US$20 billion bid approach by Canada's Couche-Tard.
Samsung Electronics Co Ltd on Thursday unveiled the first Galaxy S smartphone with a stylus for on-screen work called the S Pen, more than a month ahead of its usual annual release schedule for models of its flagship compact phone.
Fitbit Inc has completed its merger with Alphabet Inc's Google, the companies said on Thursday.
WhatsApp's updated privacy policy verges on user surveillance and threatens India's security, a petition filed in an Indian court said on Thursday, presenting another legal challenge for the Facebook Inc-owned messenger.
