U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending despite a strong labor market, raising fears of a much faster slowdown in fourth-quarter economic growth than currently anticipated.
Ford Motor Co said on Friday it would recall 547,538 of its Ford Super Duty pickup trucks across the United States, Canada and Mexico, citing the risk of a post-crash interior fire.
U.S. chipmaker Nvidia has not offered any concessions to EU antitrust regulators examining its US$6.8 billion bid for Mellanox Technologies , the European Commission website showed on Friday.
U.S. retail sales increased less than expected in November as Americans cut back on discretionary spending, which could see economists dialing back economic growth forecasts for the fourth quarter.
Daimler is very positive about the prospects for selling luxury cars in China next year, the company's China boss Hubertus Troska said on Friday.
German takeaway giant Delivery Hero on Friday said it had agreed to buy South Korea's largest food delivery app Woowa in a 3.6 billion euro ($4 billion) deal aimed at beefing up its presence in Asia.
Mothercare Plc said on Friday Boots UK, owned by U.S.-based Walgreens Boots Alliance , will become its new exclusive franchisee partner and stock the struggling retailer's brand of clothing, home and travel products.
U.S. import prices rebounded modestly in November and the underlying trend remained soft, consistent with subdued imported inflation pressures.
LONDON: British drugmaker GSK applied on Friday (Dec 13) for a licence to market its HIV drug dolutegravir in a formulation designed to be easier for babies and children who are living with the virus to swallow. About 1.7 million children have HIV, most of them in sub-Saharan Africa,...
The U.S. Securities and Exchange Commission risks weakening investor protections if it allows companies to raise money in the public market through a direct listing without the support of underwriting banks, an influential broker group said on Friday.
