Automaker Fiat Chrysler plans to set up a joint venture with the parent of iPhone assembler Foxconn to build electric cars and develop internet-connected vehicles in China, as it looks to make up ground in electric mobility.
U.S. stock indexes were set to scale fresh record highs on Friday, on optimism over corporate earnings, fresh economic data and indications of resilience in a Chinese economy battered by a prolonged trade war with the United States.
U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record.
The National Highway Traffic Safety Administration (NHTSA) said Friday it will review a petition asking the agency to formally investigate 500,000 Tesla Inc models over sudden unintended acceleration reports.
Oil prices edged higher on Friday but were little changed on the week as sluggish economic growth in China, the world's biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal.
It was more than a year ago when St. Louis Federal Reserve bank President James Bullard started raising the alarm about a U.S. bond market where interest rates seemed to show investors losing faith in the economy, a risky environment for the Fed to carry out planned rate increases.
HSBC is cutting around 100 roles in its equities business with the bulk of the layoffs falling on its continental European trading floors, sources familiar with the matter told Reuters.
China's economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand.
World shares rose to record highs on Friday, buoyed by Chinese growth figures that suggested the world's second-biggest economy was stabilizing.
China's Sinopec, expected to be the next major Chinese buyer of U.S. liquefied natural gas (LNG), is planning to review terms of a potential $16 billion supply deal with Cheniere Energy after a sharp drop in LNG prices, industry officials said.
Ant Financial [ANTFIN.UL] shares are being offered privately at levels which value the Chinese financial giant at $200 billion, two people with knowledge of the discussions said, lifting it up the ranks of the most valuable unlisted companies.
A fifth straight month without growth adds to pressure on the Bank of England to cut interest rates.
SoftBank has offered to invest up to $40 billion in the new capital city Indonesia plans to build on Borneo island, a minister said on Friday, though the Japanese tech conglomerate said no figure had been suggested yet.
But the struggling airline says the debt with tax authorities is far lower than reported.
The fugitive businessman's defence team say Nissan's investigation is biased and designed to smear him.
Having failed all his exams, Scott James started a coffee roastery in his "forgotten" community.
Only six Edward VIII sovereigns were made but it is not just its rarity that fascinates historians.
India's Supreme Court rejects telecom operator's plea for relief on government levies.
The world's second largest economy has seen weak domestic demand amid a trade war with the US.
The BBC's Aaron Heslehurst explains how the dog biscuit became a million dollar idea.
Two hospitals started by collapsed engineering giant Carillion look set to open in 2022, years late.
An extremely rare Edward VIII sovereign has been sold for £1m, the most expensive UK coin ever sold.
Universal Music UK have changed their work culture to be more inclusive to neurodiverse people.
Extinction Rebellion staged a 13-hour protest at the base in Altens "to hold Shell to account".
Ajit Pai said the companies had won his support by making what he called “significant commitments” to expand rural broadband service, build a robust 5G network and sell off Boost Mobile.
The move could hamstring the Chinese tech giant if it prevents the firm’s customers from getting the latest versions of services such as Maps and Gmail.
Thousands of immigrants who were chasing the dream of owning a New York taxi were trapped in reckless loans by bankers who made huge profits, The Times found.
The government profited and looked away as thousands of immigrant taxi drivers in New York were ravaged by exploitative loans.
When it comes to disinformation, all signs suggest the 2020 presidential campaign will make 2016 look like a mere test run, our columnist writes.
Google, Qualcomm and Broadcom are among the companies that have reportedly frozen their supply of components and software to Huawei.
Anti-money-laundering specialists proposed filing “suspicious activity reports” about transactions connected to President Trump and Jared Kushner. Bank managers said no.
The family of the singing star, who died seven years ago, has reached a deal with the marketing company behind the posthumous resurgence of Bob Marley.
Shareholders are voting on whether to push the tech giant to examine the human rights and financial risks of the surveillance technology.
But the strong figure masks lingering weakness, giving Prime Minister Shinzo Abe a mixed bag as he tries to strike a trade deal with the U.S.
Tourists who visit Elba, off the coast of Tuscany, get one night back for every day during which it rains for more than two hours at a time.
A woman assaulted by a tour guide says the company’s policies discourage reporting and keep travelers from finding out the truth.