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  Fitch keeps Britain outlook negative

  AFP | Updated at 10:41pm on January 16, 2021

  Fitch ratings on Friday maintained Britain’s AA- debt rating and outlook at negative, but warned rising deficits, the coronavirus surge and its fraught trading relationship...

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  Tesla asked to recall 1,58,000 cars over safety defect

  AFP | Updated at 10:25pm on January 14, 2021

  US regulators asked Tesla on Wednesday to recall 1,58,000 cars in the United States because of a safety-related defect. The National Highway Traffic Safety Administration...

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  Tesla CEO Musk world’s wealthiest person

  AFP | Updated at 10:46pm on January 08, 2021

  Whether the topic is transforming the automobile or conquering the next frontier of space, Elon Musk has shown a knack for captivating an audience beyond...

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  UK car sales crash to almost 30-yr low

  AFP | Updated at 10:43pm on January 06, 2021

  British new car sales crashed to the lowest level for almost three decades in 2020, with demand ravaged by chronic coronavirus fallout and Brexit uncertainty,...

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  LVMH, Tiffany seal merger at lower price

  AFP | Updated at 10:58pm on December 31, 2020

  Shareholders of US jeweller Tiffany on Wednesday overwhelmingly approved a merger with France’s LVMH, ending months of drama with a marriage of two luxury icons....

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  EU clears way for China investment pact

  AFP | Updated at 11:55pm on December 29, 2020

  EU member states gave political backing to Brussels’ planned investment pact with China on Monday, clearing the way for a deal between the world’s biggest...

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  US Congress reaches deal on COVID-19 relief package

  AFP | Updated at 10:35pm on December 21, 2020

  US lawmakers have reached a deal for a new package to boost the world’s largest economy, which has been battered by the coronavirus pandemic, congressional...

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  Coca-Cola to cut 2,200 jobs globally

  AFP | Updated at 11:15pm on December 18, 2020

  Coca-Cola said on Thursday that it would cut 2,200 jobs as part of a restructuring as it prepares for a better post-pandemic market in 2021...

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  Hundreds shrug off COVID-19 for Ikea’s new India store

  AFP | Updated at 11:15pm on December 18, 2020

  Hundreds of masked shoppers defied pandemic fears to visit Ikea’s second Indian store, which opened on Friday, as the Swedish giant tries to lure the...

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  Uber rival Ola to build world’s biggest scooter factory in India

  AFP | Updated at 11:22pm on December 15, 2020

  Uber rival Ola plans to build the world’s largest scooter factory in India, aiming to make two million electric two-wheelers a year for Asia, Europe...