Siemens board member Michael Sen is the favourite to lead its new standalone energy business, sources have told Reuters, removing one of the frontrunners from the race to succeed Joe Kaeser as head of the German industrial company.
WASHINGTON: US trade negotiators want to make "meaningful progress" in upcoming talks with China, Treasury Secretary Steven Mnuchin said on Thursday (Sep 12). Mnuchin said on CNBC he is "cautiously optimistic" about chances for a deal to resolve the conflict, but Washington and Beijing will first ...
The European Central Bank promised an indefinite supply of fresh asset purchases and cut interest rates deeper into negative territory on Thursday in an effort to prop up the ailing euro zone economy that was cheered by financial markets.
The fate of Nissan CEO Hiroto Saikawa was sealed by two external directors who persuaded the board on Monday to oust the company veteran and spare the carmaker more reputational damage after a string of high-profile scandals, two sources said.
Competition in India's booming streaming market is heating up as Netflix joins forces with a director of Bollywood feel-good blockbusters and Apple launches its TV platform for 99 rupees ($1.39) a month.
Google won a victory on Thursday after Europe's top court said Germany has to notify the European Commission of a rule allowing publishers to demand a copyright fee from the U.S. tech giant for using news snippets.
WASHINGTON: US underlying consumer prices increased solidly in August, leading to the largest annual gain in a year, but rising inflation is unlikely to deter the Federal Reserve from cutting interest rates again next week to support a slowing economy. The Labor Department said on Thursday (Sep ...
European Central Bank governors overcame divisions on Thursday (Sep 12) to agree a "big bang" package of monetary easing measures, aiming to support the eurozone economy through external shocks.
Walmart Inc said on Thursday it would expand the roll out of its "unlimited" grocery delivery service to 1,400 stores across the United States, as competition intensifies among retailers to deliver online orders faster.
French officials launched on Thursday (Sep 12) their first "dress rehearsal"of new customs checks that will be imposed if Britain crashes out of the EU without an exit deal, a scenario that could severely crimp the flow of people and goods across the English Channel.
