Renault ousted chief executive Thierry Bollore on Friday, as the French carmaker and its Japanese partner Nissan seek to rekindle their alliance following the scandal-hit tenure of former alliance supremo Carlos Ghosn.
Stratolaunch Systems Corp, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, said on Friday it has "transitioned ownership and is continuing regular operations."
Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases.
WeWork said on Friday it will shut down its WeGrow private school in New York City after the current school year, as the company focuses on its main office-sharing business.
The Federal Reserve on Friday (Oct 11) announced a new program to boost liquidity in the US financial plumbing and allow the central bank to better manage interest rates, but without changing monetary policy.
DUBAI: An Iranian-owned oil tanker was struck, probably by missiles, in the Red Sea off Saudi Arabia's coast on Friday (Oct 11), Iranian media said, an incident that if confirmed will stoke tension in a region rattled by attacks on tankers and oil sites since May. The Sabiti was hit...
SINGAPORE: It was on Sep 26, 2017 when British inventor James Dyson announced ambitious plans for his household appliance firm to plough in £2 billion (US$2.5 billion) to produce electric cars by 2020. Cities around the world were filled with “smog-belching cars, lorries and buses” as major car ......
The biggest U.S. banks are expected to kick off the earnings season on a sour note next week due to falling interest rates, which may have pressured net interest margins enough to cause the sector's first year-over-year earnings per share decline in three years.
SINGAPORE: Two company directors have been sentenced to jail for omitting more than S$600,000 in bonuses from their income tax returns, the Inland Revenue Authority of Singapore (IRAS) said in a news release on Friday (Oct 11). Koh Kok Huat, 68, and Adrian Yeo, 39, directors of both Foster Asia ......
CHICAGO: United Airlines Holdings said on Friday (Oct 11) it is extending cancellations of Boeing 737 MAX flights until Jan 6, as regulators continue to extensively review proposed software changes to the grounded plane. The company said it expects to cancel more than 8,000 flights for October ...
