Business
Latest stories
Russian Internet Giant Yandex to Restructure under Pressure

Yandex, the internet giant said to be Russia's answer to Google, unveiled planned governance changes Monday as authorities seek to tighten control over the internet.

W140 Full Story
Shareholders Reap Record Dividends

Dividends paid by companies across the world to shareholders hit a record in the third quarter, according to a study released Monday, although further growth was likely to be weak.

W140 Full Story
Airbus Beats Boeing with Two Mega Deals at Dubai Air Show

Airbus signed two mammoth orders for its A320 and A350 aircraft worth $30 billion at Dubai's air show Monday, with Boeing managing only a $1.2 billion sale of its troubled 737 MAX.

W140 Full Story
Germany Pumps 1 Billion Euros into 'Embarrassing' Mobile Dead Zones

German ministers agreed Monday to spend more than one billion euros plugging gaps in its mobile phone networks, whose patchy coverage has been blasted as "embarrassing" for the advanced industrial nation.

W140 Full Story
Fuel Rations, Price Hike Hit Iranians amid Plunging Economy

Iranian authorities abruptly raised fuel prices by up to 50% and imposed fuel rationing overnight on Friday, leaving many Iranians angered amid an already plunging economy.

Across the capital, Tehran, long lines of cars waited for hours at pumping stations following the changes in energy policy, which state media announced around midnight without any prior warning to the public.

W140 Full Story
VW Group Names Markus Duesmann as New Audi Chief

Sprawling 12-brand German car giant Volkswagen said Friday Markus Duesmann would take the helm at high-end subsidiary Audi, also joining the group-wide executive board.

W140 Full Story
Volkswagen Says to Invest 60 Billion Euros by 2024 in Cars of the Future

German car giant Volkswagen said Friday it would plough 60 billion euros ($66 billion) by 2024 into its switch to electric, hybrid and connected vehicles, as automakers around the world rev up electrification plans.

W140 Full Story
Wall Street Opens on High Note amid Renewed Hope on Trade

U.S. stocks were upbeat at the open on Friday, amid new positive signs that Washington and Beijing are moving towards at least a partial deal to end the lingering trade conflict.

W140 Full Story
GM Strike Takes Bite Out of U.S. Industry in October

The nationwide strike at General Motors walloped American industry last month, causing the biggest tumble in factory output in a year and a half, the Federal Reserve reported Friday.

W140 Full Story
In Swipe at U.S., BRICS Hit Out at Protectionism

Five of the biggest emerging economies railed against protectionism on Thursday as they vowed to overcome "significant challenges" facing multilateralism, in a swipe at U.S. tariffs and unilateral action.

W140 Full Story