Uber Freight launches in Germany, faces local competition
U.S. ride-hailing company Uber is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe’s...
Oil edges higher on U.S. inventory decline, escalating Mideast tensions
Oil prices edged higher on Wednesday, extending gains as rising tensions with Iran fueled concerns about supply disruptions and as U.S. inventory data showed a...
Japan’s Nissan to double global job cuts to over 10,000: source
Nissan Motor Co Ltd plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of the...
Oil prices gain on U.S. inventory drop, Middle East tensions
Oil prices rose on Wednesday, extending gains after an industry group reported a much bigger than expected drop in U.S. inventories, while the U.S. Navy...
Asia stocks cautious on trade talks; euro under pressure
Asian shares nudged higher on Wednesday amid hints of progress in the Sino-U.S. trade saga, while the dollar hit two-month highs on the euro as...
Nissan plans to cut over 10,000 jobs globally: source
Nissan Motor Co is planning to cut more than 10,000 jobs globally as part of efforts to turn around its business, a person familiar with...
WeWork looking to go public as early as September: source
Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told...
China’s credit push to small firms falters in factory heartland
China’s campaign to boost loans to small firms was supposed to support the economy during its biggest slowdown in decades, but banks’ reluctance to lend...
Texas Instruments quarterly beat soothes demand jitters, shares up 6%
Texas Instruments Inc provided some relief that a global slowdown in microchip demand would not be as long as feared, posting quarterly profit and revenue...
Chipotle’s online shift fuels highest sales growth in two years
Chipotle Mexican Grill Inc’s aggressive push into online orders, amped up ads around fresh ingredients and the addition of healthier meals helped the burrito chain...