WASHINGTON: South Korean shipbuilding and industrial firm Hyundai Heavy Industries will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules, US authorities announced on Thursday (Sep 19). Between 2012 and 2015, the company ...
MARKETS in Asia may have largely shrugged off the latest series of central bank measures that were widely expected, but the moves point to lingering fears of a global economic slowdown.
Two key U.S. lawmakers on Thursday asked the White House to turn over documents that would show if President Donald Trump interfered or directed a Justice Department antitrust probe of four automakers that struck voluntary agreements with California to reduce tailpipe emissions.
Microsoft Corp said on Thursday it has nominated GlaxoSmithKline Plc Chief Executive Officer Emma Walmsley to its board of directors.
NEW YORK: US stocks went nowhere on Thursday (Sep 19) as investors lost their appetite in afternoon trade, a day after the US central bank delivered a widely expected shot of stimulus. At the close, the benchmark Dow Jones Industrial Average was down 52.29 points (0.19 per cent) at 27,094.79 ......
WASHINGTON: US President Donald Trump and Australian Prime Minister Scott Morrison are set to release a plan on Friday (Sep 20) aimed at securing the supply of rare earth minerals, a senior administration official said, as concerns grow that China could cut off shipments of the prized commodities ...
Italian broadcaster Mediaset said on Thursday it had reached an agreement with Peninsula Holding to limit the impact of the exercise of withdrawal rights in its deal to create a pan-European TV platform (MFE).
NEW YORK: A FedEx pilot was arrested in China and released on bail, the company said on Thursday (Sep 19), amid an ongoing row with Beijing over the US firm's delivery irregularities involving telecoms giant Huawei. Todd Hohn, a former US Air Force pilot, was arrested by Chinese authorities...
Eighteen months after officially burying the hatchet in one of America's most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working ...
A Microsoft-led rally in technology shares pushed U.S. stock indexes higher on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary intervention.
