Volkswagen's Chief Executive Herbert Diess has asked the company's owning families to back a contract extension in a bid to break a management deadlock at the world's largest carmaker, two people familiar with the matter told Reuters.
Deutsche Bank forecasts trade financing will rebound to pre-COVID levels by the middle of next year, an executive said on Friday.
Japan's ruling party will call on the government to promote environmental investment with a major decade-long spending programme for the country, whose Prime Minister Yoshihide Suga has made a green society a key policy priority.
Retail magnate Philip Green's Arcadia, which owns Topshop and many other British fashion brands, said it was working on a number of options to secure its future after the COVID-19 pandemic hammered its business.
U.S. stock index futures edged higher on Friday as optimism around an economic rebound next year outweighed concerns around an expected surge in coronavirus infections during the Thanksgiving holiday.
Only 3per cent of the euro zone's top banks disclose all basic information about their exposure to climate-related risk, the European Central Bank said on Friday.
Jeff Bezos and Mukesh Ambani, two of the world's richest men, face a turning point in a battle for preeminence in India's booming, nearly trillion-dollar retail market.
From Walmart Inc to Best Buy, retailers have overhauled Black Friday shopping, with some assigning clerks in orange vests to serve as traffic cops, taking shoppers' temperatures and offering "grab-and-go" merchandise, including toys, bikes and kitchen appliances to discourage lingering in store ...
India will allow app-based taxi aggregators such as Uber Technologies and Ola to charge up to 20per cent commission on ride fares, according to guidelines issued on Friday, diluting an earlier proposal to cap fees at 10per cent.
BEIJING: US electric car maker Tesla is recalling 870 vehicles in China over defective roofs, part of which could fall off, China's market regulator said on Friday (Nov 27). The announcement comes just a month after another recall of almost 30,000 cars imported into China - the world's biggest ......
