Germany risks falling back into recession as car industry sputters
Industrial production in Europe's biggest economy fell 1.5% in June compared with May, driven by a 3.5% drop in Germany's vast automotive sector.
2023-08-07 19:22
KKR Seeks to Take-Private of Space Tech Firm OHB With Family
KKR & Co. plans to take private the German space and technology company OHB SE alongside the founding
2023-08-07 11:17
'This isn't some random dude with a duffel bag': To catch fentanyl traffickers, feds dig into crypto markets
The Biden administration has intensified its focus on tracing cryptocurrency payments that some of the most dangerous Mexican drug cartels use to buy fentanyl ingredients from Chinese chemical companies, the latest step in a renewed attempt to crack down on the multibillion-dollar fentanyl trade that kills thousands of Americans each year.
2023-08-05 19:18
Amazon set to launch credit card in Brazil with Bradesco
SAO PAULO Amazon.com will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco
2023-08-05 04:19
Cargill fiscal 2023 revenue rises 7% to record $177 billion
By Karl Plume Global commodities trader Cargill Inc reported this week that its fiscal year 2023 revenue increased
2023-08-04 02:16
Uber self-driving car test driver pleads guilty to endangerment in pedestrian death case
The Uber test driver behind the wheel of one of the company's self-driving cars, when it hit and killed a pedestrian in 2018, pleaded guilty to endangerment and was sentenced to three years of supervised probation Friday, according to officials.
2023-07-30 02:26
DOT proposes new car standards that would modestly raise fuel economy and push the sale of EVs
The Biden administration on Friday proposed modest increases to fuel efficiency standards for the vehicles most Americans drive. The proposal fits alongside the administration's push for increasing the share of electric vehicles on the roads.
2023-07-29 05:16
Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
2023-07-27 06:50
Analysis-Dollar slump, overcrowding complicate popular FX carry trade
By Harry Robertson, Alun John and Ankur Banerjee LONDON/SINGAPORE A slide in the dollar and signs that volatility
2023-07-26 13:20
Pfizer's production facilities appear undamaged in N. Carolina tornado, CEO says
Pfizer CEO Albert Bourla said on Friday that hurricane damage this week had almost completely destroyed the drugmaker's
2023-07-22 02:58
Visa and Mastercard can now be used on China's biggest payment apps
Visiting China just got a whole lot easier for international travelers.
2023-07-21 17:49
Volvo Car Sees Improving EV Margins on Lower Lithium Prices
Volvo Car AB expects the profitability of its electric cars to improve in the coming months because of
2023-07-20 13:54