World shares hover near record highs as investors pause for breath
World stocks hovered just off record highs on Wednesday after climbing for five straight sessions, while Britain’s pound nursed heavy losses in the wake of...
Google settles ‘longstanding’ tax dispute with Australia
Alphabet Inc’s Google has settled a “longstanding” tax dispute with Australia’s tax office, it said on Wednesday, after paying an extra A$481.5 million ($326.75 million)...
Fiat Chrysler, Peugeot owner PSA agree binding merger in $50 billion deal
Fiat Chrysler (FCA) and Peugeot maker PSA said on Wednesday they had agreed on a binding merger in a $50 billion deal that will pave...
Fiat Chrysler, Peugeot owner PSA agree binding merger deal
Fiat Chrysler and Peugeot maker PSA said on Wednesday they had agreed on a binding merger agreement, in a $50 billion deal that will pave...
Tesla considers cutting China-built Model 3 sedan prices next year: Bloomberg
U.S. electric vehicle maker Tesla Inc is considering cutting the prices of its China-built Model 3 sedans by 20% or more next year, Bloomberg reported...
U.S.-India business groups plan to lobby for dilution of India’s privacy bill: sources
Trade groups representing some of the world’s biggest firms plan to lobby U.S. officials and Indian lawmakers in a bid to dilute parts of an...
Oil retreats after U.S. inventory rise, but demand hopes stem bigger drop
Oil prices fell on Wednesday after U.S. industry data showed a surprise build in crude inventories, but expectations for firmer demand next year prevented a...
Asia shares eke out another peak, pound fears Brexit redux
Asian stocks camped out at 18-month peaks on Wednesday having climbed for five straight sessions, while the British pound was licking fresh wounds as revived...
Producer on U.S. TV show ’60 Minutes’ sues CBS for alleged gender discrimination
An associate producer on the CBS current affairs TV show “60 Minutes” filed a lawsuit on Tuesday alleging gender discrimination and retaliation by the company...
Boards of Fiat Chrysler, Peugeot owner PSA, sign off on merger: sources
The boards of French carmaker PSA , the owner of Peugeot, and Fiat Chrysler (FCA) in separate meetings on Tuesday approved a binding agreement for...