The joint venture of Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co will cease to exist at the end of February, three years after the companies came together hoping to clamp down escalating healthcare cost.
Cash-strapped Chinese startup Byton, Apple assembler Foxconn and the Nanjing Economic and Technological Development Zone have agreed to start building electric sport-utility vehicles in 2022, according to a statement on Monday.
U.S. prosecutors have indicated they will appeal against a British judge's ruling on Monday to bar the extradition of WikiLeaks' founder Julian Assange, his lawyer said.
South Korea's Hyundai Motor Co and affiliate Kia Motors Corp on Monday forecast combined global vehicle sales will jump 11.5% in 2021 after sliding for two consecutive years.
When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker's fortunes in China, rationalise a sprawling global empire and address massive overcapacity.
BEIJING (Reuters) -Tesla Inc said on Friday it has started selling China-made Model Y sport-utility vehicles (SUV) and will deliver them to customers this month, as the U.S. electric vehicle maker expands sales in the world's biggest car market.
Alphabet Inc's drone delivery unit Wing criticized Trump administration rules issued this week mandating broadcast-based remote identification of drones, saying they should be revised to allow for internet-based tracking.
The U.S. decision to impose additional tariffs on French wines and cognac, which come in addition to a first set of tariffs late last year, will cost the sector a total of over 1 billion euros ($1.23 billion), the French wine exporters' federation said on Thursday.
WASHINGTON (Reuters) -The U.S. government on Wednesday said it would raise tariffs on certain European Union products, including aircraft components and wines from France and Germany, the latest twist in a 16-year battle over aircraft subsidies between Washington and Brussels.
China's factory activity expanded in December as hot export demand fueled a recovery in the world's second-largest economy from the coronavirus slump, although higher labour and transport costs slowed the pace of growth.
Pearl River Mart, New York Chinatown's landmark emporium for everything Asian since 1971, will close its flagship store in early 2021 as the pandemic has left the family owners unable to pay the rent.
Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app.
(Reuters) -Department store chain J.C. Penney Co Inc said on Wednesday new owners Simon Property Group and Brookfield Asset Management Inc have begun a search for a new chief executive officer to replace Jill Soltau.
British Prime Minister Boris Johnson signed the post-Brexit trade deal with the European Union on Wednesday, adding his signature to that of EU chiefs after the document was flown from Brussels to London.
Chinese companies will receive binding commitments of access to the EU market under a new investment agreement, while China will open up its financial, manufacturing and services sectors to the 27-nation bloc, a Chinese government official said.
British lawmakers on Wednesday voted in favour of legislation implementing the post-Brexit trade deal agreed with the European Union last week.
BEIJING (Reuters) -China's market regulator said on Wednesday it has fined JD.Com Inc, Alibaba's Tmall and Vipshop 500,000 yuan ($76,657) each for irregular pricing.
In Samuel Taylor Coleridge’s “The Rime of the Ancient Mariner” the protagonist inexplicably shoots an albatross that had hitherto acted as his ship’s lucky charm. In 2021 a similar fate is set to befall one of the United Kingdom’s golden geese: duty-free perks for foreign tourists. The government’s decision to upend a benefit that might have provided a handy post-pandemic boost could become a symbol of its messy break from the European Union.
The Russian subsidiary of Japan's Honda Motor Co said on Wednesday it would stop supplying new cars to official dealers in Russia in 2022 as part of the company's efforts to restructure its operations.
Activist hedge fund Third Point LLC is pushing Intel Corp to explore strategic alternatives, including whether it should keep chip design and production under one roof, according to a letter it sent to the company's chairman on Tuesday that was reviewed by Reuters.
More than 200 employees and contractors at Google parent Alphabet Inc in the United States and Canada have formed a labor union to promote workplace equity and ethical business practices, the group's elected leaders said on Monday.