Finance

Fiat Chrysler and PSA Group rename merged automaker 'Stellantis'

MORE NEWS THIS CATEGORIES

Zarif Calls U.S. An Unreliable Ally And an 'Occupier' In Syria

The current mandate expires on October 30. The withdrawal of United States troops from northeastern Syria does not amount to abandoning the Kurds, Donald Trum...

Samsung’s profit could decline due to memory chip prices

However, on the positive note , the demand for memory chips has shown sign of improvements in the current quarter. He also pointed out that Samsung's inves...

China gold purchases top 100 tons amid trade war

September's increase of 5.9 mt by the People's Bank of China follows the addition of 99.8 mt through August. "Gold ETFs (exchange-traded fund) are close to th...

Dick's Sporting Goods Destroys $5 Million Worth Of Weapons

Dick's Sporting Goods stopped selling AR-15 (or what they like to refer to as "assault weapons") and "high capacity magazines" following the tragic shooting in ...

SoftBank’s boss is ‘embarrassed and flustered’ by track record amid WeWork trouble

Now, he's struggling to raise money for his second giant technology investment fund, Vision Fund 2 . Son is going through a particularly rocky stretch aft...

Supreme Court allows blind man's website lawsuit against Domino's Pizza to proceed

He wants the website to be made accessible to people with different types of disabilities. "Each defendant must figure out how to make every image on its webs...

Instagram is helping users avoid phishing scams

Just two months ago, cybersecurity firm SophosLabs threw light on an Instagram phishing email campaign that employed fake two-factor authentication codes as a...

Nissan names executive Uchida as next CEO, Gupta as COO

Both of the sources spoke on condition of anonymity. The appointment comes after the resignation of former CEO Hiroto Saikawa last month. How the 58-year-ol...

No-deal Brexit would 'push United Kingdom debt to 50-year high'

The Conservatives risk trashing their reputation for sound financial management after experts warned that day-to-day spending is set to surge to levels promised...

Hong Kong stock exchange drops bid to buy London exchange

Despite the failed pursuit, HKEx said it still believes the combination of the two exchanges would be "strategically compelling". On 11 September, HKEX shock...

OYO to raise $1.5 billion in Series F funding

Oyo Hotels and Homes is raising $1.5 billion from Founder Ritesh Agarwal, SoftBank Group Corp. and other investors as the India lodging startup expands into ...

SIG sells Buildings Solutions business to Kingspan

The latest profit alert from building products firm SIG ( SHI ) has sent the shares careering down 17.9% to 98.1p but should not have come as a major surprise...

Woman boards plane in Orlando without any ID or a ticket

Employees then asked for her ID. Sylvia Rictor was discovered when another passenger, Jenni Clemons, noticed Rictor was in her seat and wouldn't move because ...

Passenger bypasses gate agent, runs onto plane at Miami International Airport

Officials said the man was a ticketed passenger. A witness tells WSVN passengers were scared as they waited for security to remove the man from the flight. Vi...

U.S. blacklists 28 Chinese entities over abuses in Xinjiang

Yitu Technologies is another AI company affected by the move, along with voice recognition software maker iFlytek, data forensics company Xiamen Meiya Pico Info...

Kroger to discontinue sale of e-cigarettes

Their move comes weeks after Walmart Inc said it was pulling the plug on e-cigarette sales, citing growing federal, state and local regulatory complexity and ...

XRP rises 7% as Bitcoin grinds support

While a few of the top 20 coins report losses at press time, XRP is seeing a sharp growth of over 8%. Bitcoin has been caught in a tight trading range betwe...

Final stretch for stranded Thomas Cook passengers

The final contingent of holiday-makers stranded overseas after the collapse of tour company Thomas Cook last month will return to Britain on flights departing o...

China deputy-level trade talks get underway in tense atmosphere

President Donald Trump wants to reach an agreement with the Chinese that reduces the massive trade imbalance between the two countries, which previous year ...

Volvo Hands Over ICE Production to Geely, to Focus on Electric Cars

Geely estimates it has 5000 employees working on combustion engine research, development and manufacturing, as well as in related IT and finance support roles,...

CIBC Run for the Cure

On average, 72 women are diagnosed with breast cancer every day in Canada and one in four cancers diagnosed in Canadian women are breast cancer. About 4,000 p...

Class Action Accuses Tether and Bitfinex of Market Manipulation

Popular cryptocurrency exchange, Bitfinex has alerted its customers and the whole crypto community of a possible lawsuit implicating it of market manipula...

FT: HSBC may slash up to 10,000 jobs to cut costs

The Financial Times said the bank is considering a cull of more than 4 per cent of its workforce, with the cuts falling most heavily on highly paid roles. T...

Dublin Store Revealed That Sold Friday's €2.5 Million EuroMillions Prize

Meanwhile there were celebrations in Donabate, north Dublin after it was confirmed a Supervalu sold the winning ticket for a prize of €2.5m for Friday's draw. I...

Talks between UAW and GM take 'turn for the worse': union official

Plants that build pickup trucks and transmissions in the country have ground to a halt. The two sides debated whether a temp who was laid off could claim the ...

What does Pizza Express crisis mean for Suffolk?

The restaurant chain has hired advisers at corporate finance firm Houlihan Lokey to prepare for debt talks with creditors amid hard trading conditions for casua...

GE pension freeze: GE freezes pension plan for 20,000 US employees

The Boston-based maker of jet engines, medical scanners and gas turbines has struggled with a deep decline in its power-equipment business, as well as cash flow...

British PM Boris Johnson warns European Union he will not delay Brexit

Brussels has said the plans "do not provide a basis for concluding an agreement". Johnson on Saturday called his plan "a practical compromise that gives ground ...

Consumer goods giant Unilever vows to slash use of plastic

Speaking to CosmeticsDesign-Europe, Fleur van Bruggen, communications director at Unilever , said: " We are going to halve the amount of virgin plastic we use,...

Bed Bath & Beyond to close 60 stores

Interim CEO Mary Winston said on the call that the closures will benefit the remaining open stores because of the company's "renewed focus on driving traffic ...