BMW said Friday that European Commission staff conducted an "inspection" at company offices in Munich earlier this week in connection with news media allegations that German carmakers colluded on technology including diesel emission controls
Failure in reaching a Brexit agreement in time would not stifle Germany's economic upswing, but such a scenario would be a huge political setback, Germany's DIHK Chambers of Industry and Commerce said on Thursday after raising its growth forecasts.
Companies in Britain and the European Union will benefit from the certainty of a time-limited transition period during Brexit, British finance minister Philip Hammond said Tuesday.
A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record of more than $5 billion, a report said Monday, indicating that the city's booming property sector shows no sign of slowing down.
EU antitrust regulators have raided the offices of automaker BMW in Munich, the company said Friday, in a fresh blow to the beleaguered German car industry.
World stocks climbed, along with the U.S. dollar and bond yields Friday, as investors anticipated President Donald Trump could make progress on his fiscal...
President Donald Trump’s top legislative priority took a major step forward as the Senate narrowly approved a budget vehicle for tax cuts – but sharp divides...
The economy of the 19 countries that use the euro currency is growing ever stronger, and it’s time for the European Central Bank to start telling the public...
Economists cautiously welcomed the ratification of the 2017 budget by the Parliament, the first bill to be approved by the House since 2005.
Lebanese ministers and lawmakers pledged Thursday to speed up the creation of a sovereign wealth fund for future proceeds from oil and gas exploration.
The value of shares traded on Gulf stock markets plummeted this year, a report said on Sunday, in the latest sign of how the region's economies are struggling...
The world’s biggest scientific experiment is on course to become the most expensive source of surplus power.
Shares of Apple Inc. and some of its suppliers fell after a newspaper reported orders for iPhone 8 models have been cut for the rest of the year amid a...
On the 30th anniversary of the 1987 stock market crash, U.S. stocks are at a record high and investors are concerned that steep valuations may mean a...
European Central Bank head Mario Draghi says governments must ensure that pro-business reforms create economic benefits for everyone if the changes in worker...
Israel, China and Taiwan joined a number of U.S. allies at the World Trade Organization Wednesday to express concerns over a Trump administration executive...
The front lines of the battle for smartphone dominance over the coming years have grown clearer after Chinese firm Huawei presented a phone powered by...
‘Toys “R” Us Inc., the retailer that filed for bankruptcy in North America, has been exploring options for its growing Asian business, including a potential...
Jerome Powell likely will be the next Federal Reserve chairman, a slim majority of economists in a Reuters poll said – although most of them admitted current...
The OECD said U.K. Prime Minister Theresa May risks doing long term-damage to the economy unless she secures a deal that maintains strong trade ties with the...
Cutting the corporate tax rate to 20 percent, as President Donald Trump has proposed, would increase average household income by at least $4,000 a year,...
T-Mobile U.S. Inc. and Sprint Corp. plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum...
The prospect of a wave of “America First” protectionism and US tax reform in the US has loomed large over this week’s annual meeting of the International...
Momentum is a powerful force, as anyone who has tried to join colleagues for “just one quick drink” after work knows well.
The development of Africa’s financial markets is hampered by the low capacity of local investors, patchy implementation of regulations, tight liquidity and...
The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates and higher government spending from countries...
European Central Bank officials are considering cutting monthly bond buying by at least half starting January and keeping their program active for at least...
The chief executive of Samsung Electronics resigned Friday, saying the South Korean tech giant was facing an “unprecedented crisis’ even as it flagged record...
Klippies and coke. Ricky Louw. Karate Water. These are the orders ringing out in bars across South Africa as thrifty consumers switch from imported, big-brand...
Wells Fargo reported a sharp decline in third-quarter earnings Friday after setting aside $1 billion for litigation related to mortgage investigations.
The CEO of Samsung Electronics Kwon Oh-Hyun resigned Friday, saying the South Korean tech giant was facing an "unprecedented crisis", even as it expected...
For many businesses in northern California, it will take years to rebuild from the wildfires that have decimated the region.
It’s a renter’s market in New York City, and after a year of being bombarded with landlord offers of gift cards and free months, the perks are beginning to...