BRUSSELS -British Airways-owner IAG will consider selling its 20% stake in Air Europa as the Spanish airline’s owner continues talks with Air France-KLM and Lufthansa to sell a stake in the company, IAG’s CEO told Reuters. The move comes as…

Chipmaker Wolfspeed said on Thursday it appointed industry veteran Robert Feurle as its CEO, months after its board ousted former top boss Gregg Lowe. Feurle, who has previously spent a decade in executive roles at Micron Technology, will succeed Thomas…

MEXICO CITY  -Walmart’s Mexico unit said on Thursday it would invest more than $6 billion in the country this year, around triple its planned spending from the year before. The funds will go toward opening new stores and to continue…

The S&P 500 ended lower on Thursday, as investors grappled with U.S. President Donald Trump’s latest trade tariff announcement that hit shares of General Motors and Ford. Trump unveiled on Wednesday his plan to implement a 25% tariff on imported…

President Donald Trump on Wednesday followed through on weeks of threats for new tariffs on imported cars, saying a 25% import tax on vehicles not built in the U.S. would kick in next week. Trump will impose a 25% tariff…

MILAN – Italy has handed tax demands to Meta, X and LinkedIn in an unprecedented VAT claim against the U.S. tech giants that could have repercussions across the European Union, four sources with direct knowledge of the matter said on…

TOKYO – The incoming CEO of Japanese chip materials maker JSR plans to focus on restoring the company’s business performance, shifting away from previous ambitions to drive consolidation in the sector. JSR’s financial performance is not good, and the company…

Automaker stocks around the world slumped on Thursday after the latest round of U.S. tariffs were targeted at the sector. U.S. President Donald Trump said late on Wednesday the United States will effectively charge a 25% tariff on all cars…

Tesla CEO Elon Musk said on Wednesday that the impact of U.S. President Donald Trump’s auto tariffs on Tesla is “significant.” “Important to note that Tesla is NOT unscathed here. The tariff impact on Tesla is still significant,” Musk said…

ICHEON, South Korea -South Korea’s SK Hynix, the world’s second-largest memory chip maker, said on Thursday that some customers have brought forward orders in preparation for new U.S. tariffs. Speaking at the company’s annual shareholder meeting, SK Hynix’s Head of…

BEIJING – China-based Ninestar Corp plans to sell printer and printing software maker Lexmark International II to Xerox in a deal with an equity value of up to $150 million. Ninestar said in an exchange filing on Wednesday that it…

TOKYO – Oil prices held steady on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian oil to global markets. Brent crude futures were down 8…

US equity funds’ weekly outflows surge to a three-month high on tariff concerns(Reuters) – U.S. equity funds saw the largest net outflows in three months in the week through March 19 on worries about the impact of U.S. tariff policies…

Roughly 100 people waved signs and danced in protest outside a Tesla dealership in Washington on Saturday, angry at the electric vehicle maker’s billionaire CEO Elon Musk, who has led efforts to sharply cut the federal workforce. Cars driving past…

LONDON-Hedge funds added more bearish positions than bullish ones in March than at any time since 2020, doubling down on bets that U.S. stocks have further to fall, according to a Goldman Sachs note sent to clients on Thursday. Since…

BOSTON- The founder of a cryptocurrency financial services firm pleaded guilty on Friday to U.S. charges that he participated in a wide-ranging scheme to manipulate the market for digital tokens on behalf of client companies. Aleksei Andriunin, the founder and…

BRUSSELS – Amazon lost its fight against a record 746 million euro ($812.4 million) fine handed out by Luxembourg’s privacy regulator four years ago as a court sided with the watchdog, according to a statement on the regulator’s website. The…

WASHINGTON – U.S. single-family homebuilding rebounded sharply in February amid a thaw in winter weather while production at factories surged, but rising prices for raw materials because of tariffs threaten the nascent housing market and manufacturing recovery. The reports on…

Alphabet said on Tuesday it would buy Wiz for about $32 billion in its biggest deal ever, as the Google parent doubles down on cybersecurity to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft. The blockbuster deal…

President Donald Trump has rescinded an executive order issued by his Democratic predecessor, Joe Biden, that required businesses that contract with the federal government to pay workers a minimum wage of $17.75 an hour. Trump, a Republican, late on Friday…

NEW YORK -U.S. stocks gained for a second straight session on Monday as investors sought bargains after the Nasdaq and S&P 500’s four-week tumble and assessed the latest economic data to gauge the impact of the Trump administration’s policies. Retail…

WASHINGTON – The number of Americans filing new applications for unemployment benefits fell last week, but sharp government spending cuts and an escalating trade war threaten labor market stability. Initial claims for state unemployment benefits slipped 2,000 to a seasonally…

WASHINGTON -U.S. producer prices were unchanged in February for the first time in seven months, while fewer Americans filed claims for unemployment benefits last week, pointing to a stable economy that should allow the Federal Reserve to keep interest rates…

SINGAPORE – The euro was riding at five-month highs on Wednesday on Ukraine’s readiness to accept a month-long ceasefire, while stocks whipsawed on back-and-forth U.S. tariff plans and concern about a U.S. economic slowdown. European equity futures jumped 0.8% and…