Porsche SE, the holding company controlling Germany’s Volkswagen, on Tuesday said it raised its voting rights share in the carmaker to 53.1 percent from 52.2 percent.
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A merger of Deutsche Bank and its rival Commerzbank could result in as many as 30,000 job cuts over the long term, a representative of German union Verdi who is a Deutsche supervisory board member told n-tv broadcaster.
Ford Motor Co
India’s government has asked state-run banks to rescue privately held Jet Airways without pushing it into bankruptcy, as Prime Minister Narendra Modi seeks to avert thousands of job losses weeks before a general election, two people within the administration told Reuters.
Israel’s exports of computer chips to China soared last year as Chinese companies bought more semiconductors made at Intel’s Kiryat Gat plant.
Tencent Holdings Ltd is putting about 10 percent of its managers on notice, as China’s largest gaming and social media company shakes up its workforce amid cooling growth and intensified competition, Bloomberg reported on Tuesday, citing sources.
Indonesian ride-hailing firm Go-Jek lost an appeal on Tuesday against the Philippines’ decision to refuse to grant it a license due to its failure to meet local ownership criteria, in a major blow to its Southeast Asia expansion plans.
South Korean automakers Hyundai Motor Co and Kia Motors Corp will together invest $300 million in Indian ride-hailing platform Ola, playing catch-up in the global race to invest in mobility firms.
Shares of Anil Ambani-led Reliance Communications Ltd (RCom) were locked in the upper circuit on Tuesday after his elder brother Mukesh Ambani helped pay off debt owed to Sweden’s Ericsson.
Netflix Inc will not make its programming available through a coming TV service expected to be unveiled by Apple Inc, Netflix Chief Executive Reed Hastings said on Monday.
A group of U.S. states is investigating Hyundai Motor Co and Kia Motors Corp for potential unfair and deceptive acts related to reports of hundreds of vehicle fires, Connecticut Attorney General William Tong said on Monday.
Myanmar’s army said on Monday it had set up a military court to investigate its conduct during a crackdown on the Rohingya Muslim minority in 2017 that forced more than 730,000 to flee to neighboring Bangladesh.
As Lyft Inc cruises toward an initial public offering this month, one of the big winners will be General Motors Co, whose stake in the ride-hailing firm could be worth as much as $1.27 billion.
Leaving the European Union is making it harder for fintech firms in Britain to recruit top talent, a report said on Tuesday, threatening to slam the brakes on a 7 billion pound ($9 billion)growth sector just as EU states step up competition.
Chip designer Nvidia Corp said on Monday it has partnered with Softbank Group Corp and LG Uplus Corp to deploy cloud gaming servers in Japan and Korea later this year.
Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday.
Goldman Sachs Group Inc is setting targets for hiring minority groups for the first time as it ramps up efforts to diversify its workforce, according to a memo sent by top executives to employees on Monday.
The world’s biggest planemaker faced escalating pressure on Monday after Ethiopia pointed to parallels between its crash and one in Indonesia, sharping the focus on the safety of software installed in Boeing 737 MAX planes.
U.S. stock futures eked out gains on Monday following the S&P and Nasdaq’s strongest weekly gain this year, while investors waited for further details from a Federal Reserve policy meeting later this week.
Foxconn Technology Group Ltd said on Monday it will complete work on a new factory in Wisconsin to assemble liquid crystal display screens and start production before the end of next year.
Oil prices were mixed on Monday, weighed by concerns that an economic downturn may dent fuel consumption, but supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.
U.S. fintech group Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for about $35 billion, in the biggest deal to date in the booming payments industry.
Warner Bros Chairman and Chief Executive Kevin Tsujihara has resigned from one of Hollywood’s most powerful studios following a report that he improperly helped an actress obtain roles at the studio.
A U.S. judge on Monday rejected Rio Tinto Plc’s bid to dismiss a Securities and Exchange Commission lawsuit accusing the Anglo-American mining company of civil fraud in its handling of a failed investment in a Mozambique coal project.
Federal prosecutors in Detroit on Monday charged a former United Auto Workers vice president with conspiracy to violate labor laws.
Google is trying to boost price comparison rivals such as Kelkoo in an effort to appease European Union antitrust regulators and ward off fresh fines following a 2.4-billion-euro ($2.7 billion) penalty nearly two years ago.
Pharmaceuticals group Sanofi is working on a plan to find a new CEO in agreement and consultation with current chief executive Olivier Brandicourt, a spokesman for the French drugmaker told Reuters on Monday.
Hotel chain Marriott International Inc on Monday mapped out a three-year plan to open more than 1,700 hotels around the world, return up to $11 billion to shareholders and make a full-year profit of as much as $8.50 per share by 2021.
China dismissed U.S. security warnings against its telecoms equipment maker Huawei as groundless and “abnormal” on Monday, as Beijing’s top diplomat went to Brussels to cool growing European frustration over trade.
For almost 100 years, Chris Chinn’s family has farmed asparagus in the rolling hills of the Wye Valley in western England.
The European Union and authorities around the world will have to regulate big technology and social media companies at some stage to protect citizens, the deputy head of the European Commission said on Monday.
Global stocks rose to their highest in five months and the dollar dipped on Monday as traders began to price in an accommodative stance from the U.S. Federal Reserve at its policy meeting this week.
Oklahoma City’s Chesapeake Energy won’t escape a lawsuit filed by Pennsylvania Attorney General Josh Shapiro in a fight over natural gas drilling leases.
Even after agreeing to pay $8.5 million to Oklahoma and millions to other states over its emissions scandal, Volkswagen finds itself being sued by the U.S. Securities and Exchange Commission.
Apple Inc in a surprise announcement on Monday launched 10.5-inch iPad Air and a 7.9-inch iPad Mini ahead of its March 25 event.
Boeing Co shares fell by more than 2.2 percent early on Monday, after a pair of newspaper reports over the weekend raised more questions about the certification process for its 737 MAX jets before two recent deadly crashes.
Volkswagen on Monday said it had expressed its intent to Germany’s Economy Ministry to participate in a state funding scheme aimed at supporting battery cell production for electric vehicles.
General Motors Co built the final Chevrolet Cruze small car at its Lordstown, Ohio, assembly plant on March 6, despite demands from President Donald Trump, Ohio political leaders and the United Auto Workers union not to close the plant and leave nearly 1,500 workers laid off.
President Donald Trump tweeted on Sunday that he urged General Motors Co’s chief executive to “do something quickly” to reopen the company’s Lordstown, Ohio, plant that was idled more than a week ago.
British online supermarket Ocado plans to establish an office for its Ocado Solutions technology business in the Washington D.C. area of the United States, it said on Monday.
Responding to calls for more bank services for low-income consumers, JPMorgan Chase & Co on Monday began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 a month and no minimum balance.
Gasoline prices jumped again in the past week going up 7 cents on average across the U.S. while Oklahoma prices rose about six cents per gallon.
Xerox Corp on Monday said it is exploring the possibility of a “strategic transaction” involving its customer financing business.
The U.S. Department of Transportation is investigating the Federal Aviation Administration’s approval of Boeing Co’s 737 MAX jetliners, the Wall Street Journal reported on Sunday, citing people familiar with the probe.
TransCanada has lost a Federal Appeals Court ruling in its fight over a Montana judge’s ruling barring construction of the Keystone XL oil pipeline from Canada.
After threatening to leave San Antonio, Halliburton Co. has reached an agreement with the city to remain there. The company had talked of moving its Eagle Ford Shale operation out of the city contending it was being taxed unfairly.
The Denver Federal Appeals Court has handed a setback for an Oklahoma firm that filed suit claiming a breach of contract against PetroChina Canada.