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Alibaba Faces Consumer Complaints in Europe

Six European consumer rights associations said Friday they have asked national authorities to look into illegal practices by firms using the AliExpress site of Chinese e-commerce giant Alibaba.

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Crisis-Hit Nissan Shakes Up Board, Keeps Boss

Japanese car giant Nissan shook up its executive board Friday, adding a top director from partner Renault as it battles the fallout from the Carlos Ghosn saga and disappointing results.

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Asian Markets Mixed after US Rally, Pound Down on Brexit Woes

Asian markets were mixed Friday as another rally on Wall Street and data indicating a strong US economy were offset by the increasingly tense trade and technology stand-off between China and the United States.

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German Startup to Offer Electric Air Taxis 'by 2025'

German startup firm Lilium announced Thursday the maiden flight of its all-electric pilotless jet-powered 'air taxi' which it hopes to operate in various cities around the world 'by 2025'.

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French Unemployment at 10-Year Low

French unemployment has fallen to its lowest level in 10 years, the national statistics agency said Thursday, providing a boost to under-fire President Emmanuel Macron.

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Asian Markets Sink as Trump Further Stokes Trade War Fears

Asian markets mostly fell Thursday as Donald Trump's ban preventing US companies from using foreign telecoms equipment jolted investors who saw it as targeting Chinese providers and risking another flare-up in an already tense trade war.

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Trump Ramps Up Battle against Chinese Telecom Giant Huawei

Donald Trump stepped up his battle against Huawei Wednesday, effectively barring the Chinese telecom giant from the US market and adding it to a blacklist restricting US sales to the firm amid an escalating trade war with China.

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Oil Supply Drops as Iran Sanctions Bite, Says IEA

The world's oil supply fell last month, the International Energy Agency said Wednesday, amid rising global tensions as US sanctions on Iran tightened and OPEC+ members produced less crude in line with their pact.

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Asian Markets Tick Up after Trump Tweets but Uncertainty Remains

A series of tweets by Donald Trump playing up the chances of a trade deal with China provided a much-needed boost to Asian equities Wednesday but investors trod cautiously as analysts warned of more volatility to come.

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Pilots Pushed Boeing to Act after Lion Air Crash

After a deadly crash in Indonesia, American Airlines pilots called a meeting to press Boeing executives for safety changes to the 737 MAX aircraft, US media reported Tuesday.

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