Munich prosecutors said Rupert Stadler was being detained due to fears he might hinder an ongoing investigation into the scandal, plunging Volkswagen into a leadership crisis.
The “strategic partnership” between Google and Chinese online retailer JD.com, worth over half a billion dollars, was announced by the two companies Monday.
The BIS' head of research, Hyun Song Shin, said sovereign money had value because it had users, but many people holding cryptocurrencies did so often purely for speculative purposes.
Is Europe’s economy merely encountering a soft spot or entering a more lasting decline?
Wall Street stocks ended lower on Friday, capping a day of heavy trading with investors mostly pulling back from initial concerns over an escalating trade dispute between the United States and China.
The White House said on Saturday that President Donald Trump will pick Kathy Kraninger, an Office of Management and Budget (OMB) official, to head the U.S. consumer watchdog, drawing criticism from consumer advocates and dividing conservatives.
Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee following the purchase of a building in the city’s downtown area.
Theranos Inc. founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the U.S. Justice Department announced on Friday.
The staff of the U.S. International Trade Commission on Friday recommended that a trade judge find that Apple Inc. infringed at least one of Qualcomm Inc’s patents, a move that could lead to blocking the import of some iPhones.
The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners.
Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.
On May 30, U.S. regulators unveiled a plan to modify the so-called Volcker Rule introduced following the 2007-2009 financial crisis, aiming to make compliance easier for many firms and relieving small banks altogether.
iPhone maker Apple is in talks with an Irish animation studio, Cartoon Saloon, for the distribution rights of an upcoming film for the United States and some other regions, a report said Friday.
President Donald Trump denounced the deal when it was first announced in October 2016. The Justice Department said that AT&T's ownership of both DirecTV and Time Warner, especially its Turner subsidiary, would give AT&T unfair leverage against rival pay TV providers that relied on content like CNN and HBO's "Game of Thrones."
An informal poll of five investment bankers by Reuters put the share of sales that failed to close in the fourth quarter of 2017 and the first quarter of this year at between 50 percent and 80 percent.
The software giant is developing systems that track what shoppers add to their carts.
The Boring Company will use Elon Musk’s Loop concept to create a public transport system that will take 12 minutes to complete the commute between O’Hare Airport and downtown Chicago.
The U.S. Senate is due to vote within days on the measure as part of the National Defense Authorization Act, or NDAA, a defense policy bill Congress passes every year. The White House strongly opposes the ZTE measure.
The fight to win Fox's assets is shaping up to be a summer blockbuster starring well-known media moguls, led by Rupert Murdoch who built Fox into a global media empire.
U.S. producer prices increased more than expected in May, leading to the biggest annual gain in nearly 6-1/2 years, but underlying producer inflation remained moderate.
A federal judge on Tuesday gave a ringing endorsement to AT&T Inc’s planned acquisition of Time Warner Inc without any conditions, opening the door for companies such as Comcast Corp and Verizon Communications Inc to pursue deals to buy creators of media content.
Grab is the market leader in the ride-hailing space in Southeast Asia and prior to Toyota’s announcement Wednesday, it had acquired Uber’s regional business in March.
AT&T Inc. won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, without conditions, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue.
McDonald’s Corp. plans to take $80 million to $90 million in charges during the second quarter from a restructuring at its U.S. operations that includes layoffs.
U.S. monthly consumer inflation rose moderately in May as gasoline price increases slowed, suggesting the Federal Reserve could continue to gradually raise interest rates this year.
New York State’s highest court on Tuesday narrowed the reach of a powerful law used by the state’s attorney general to fight financial fraud, handing a partial victory to Credit Suisse Group AG in an $11 billion lawsuit over defective mortgage securities.
All three major U.S. stock indexes closed slightly higher on Monday as investors eyed the looming United States-North Korea summit on Tuesday in Singapore while shrugging off the weekend’s factious meeting of the Group of Seven nations.
Sheetrock maker USG Corp. accepted a $7 billion cash offer from German construction products maker Gebr Knauf KG on Monday after three months of back-and-forth negotiations that began when longtime USG shareholder Warren Buffett teamed up with the German bidder to sell his stake.
A group of Takeda Pharmaceutical Co Ltd shareholders is trying to build support to block the $62 billion acquisition of London-listed Shire Plc at an extraordinary general meeting, a leading member of the group told Reuters on Monday.
Britain’s Rolls-Royce said a costly compressor problem that had grounded Boeing planes had now been found in a different type of engine, compounding pressures on a group that is due to cut more than 4,000 jobs this week.
