Business
Latest stories
U.S.-China Trade Talk Doubts Weigh Down Global Stocks

Stock markets on both sides of the Atlantic mostly softened Tuesday after a mixed session in Asia, with investors harboring growing doubts over the chances of success at U.S.-China trade talks, dealers said.

W140 Full Story
'Swindon's Finished': UK Town in Shock over Honda Plant Closure

"It is going to be a disaster," Mary Day warned, capturing the sense of doom that descended on the working class English town of Swindon after Honda announced it was closing its local plant after more than 30 years.

W140 Full Story
U.S.-China Trade Talks to Resume in Washington

US-China trade talks aimed at ending a damaging tariff war will resume from Tuesday in Washington, the White House said.

W140 Full Story
Honda to Shut Plant in Britain, Imperiling 3,500 Jobs

Honda said Tuesday it plans to close its car factory in western England in 2021, imperiling 3,500 jobs in a fresh blow to the British economy as it faces its March 29 exit from the European Union.

The Japanese automaker announced the decision at a news conference in Tokyo, where Honda's president and CEO, Takahiro Hachigo, told reporters the decision was based on what made most sense for its global competitiveness in light of the need to accelerate its production of electric vehicles.

W140 Full Story
Cuba Eyes Qatar, Algeria for Oil with Venezuela in Crisis

With top ally Venezuela in crisis, Cuba is moving to cover its oil needs elsewhere, seeking possible alternative supplies in Qatar and Algeria, officials said Monday.

W140 Full Story
Kremlin Says Arrest of U.S. Investor 'Should Not Affect Investment Climate'

The Kremlin on Monday said the arrest of a major U.S. investor on fraud charges should "not affect the investment climate" in Russia.

W140 Full Story
EU Vows 'Swift' Riposte to Threatened U.S. Auto Tariffs

The EU promised a quick and effective response if the United States imposes import duties on European autos, a spokesman for the European Commission said on Monday.

W140 Full Story
Swiss Bank UBS Faces French Court Ruling on Fraud Charges

A Paris court will rule Wednesday on whether Swiss banking giant UBS illegally tried to convince French clients to hide billions of euros in Switzerland, charges which prompted prosecutors to seek a record 3.7 billion-euro fine.

W140 Full Story
Asian Markets Boosted by Hopes for China-U.S. Trade Deal

Asian markets rallied with oil and high-yielding currencies Monday as investors grow increasingly confident that China and the United States will eventually hammer out a deal to end their long-running trade war.

W140 Full Story
To Fight Off Unemployment, Iraqi Youth Plant Start-Up Seeds

Stuck between an endless waitlist for a government job and a frail private sector, Iraqi entrepreneurs are taking on staggering unemployment by establishing their own start-ups.

W140 Full Story