Business

Gov. Mike DeWine disregarded cries of alarm in early 2019 from consumer and environmental advocates, concerns echoed in a previously undisclosed lastminute plea from GOP insiders, when he was selecting the state's top utility regulator a man now under sc...

Volkswagen's supervisory board will meet on Wednesday to discuss a leadership standoff between Chief Executive Herbert Diess and its powerful labour leaders, two sources told Reuters.

Procter & Gamble said on Wednesday Andre Schulten, currently senior vice president of its baby care unit in North America, would succeed longtime finance chief Jon Moeller in March.

Global equity indexes were mostly near flat on Wednesday as upbeat COVID19 vaccine news was offset by lingering concern about the economic recovery, while sterling gained after recent weakness.

Global stocks reached record highs on Wednesday as investors focused on efforts to provide more fiscal stimulus and positive news on COVID19 vaccines, while sterling inched up as British and European leaders meet for talks on a Brexit trade deal.

Oil prices edged lower on Wednesday on concerns over an unexpected jump in U.S. oil inventories last week, but positive news on COVID19 vaccines lifted investors hopes for a recovery in fuel demand, capping losses.

Global equity indexes were mostly lower on Tuesday as investors struggled to keep the rally of recent weeks going with COVID19 infections still surging, while Brexit deal talks weighed on sterling.

Uber Technologies Inc is selling its autonomous driving unit, Uber Advanced Technologies Group (ATG), to selfdriving car startup Aurora, the companies said on Monday, in a move that would accelerate the ridesharing company's goal to achieve profitability.

Investor morale in the euro zone rose more than expected in December, hitting its highest since February on expectations of an economic upswing thanks to the availability soon of vaccines to fight the coronavirus pandemic, a survey showed on Monday.

Israel is a logical, strategic link between ports in Europe and the Middle East, DP World's chairman said on Monday, estimating initial UAEIsrael bilateral trade could be worth $5 billion.

Japan's benchmark Nikkei share average pulled back from a more than 291/2year high on Monday, as investors chose to pocket profits amid some concerns of overheating after five consecutive weeks of gains.

Oman has set up a new state energy company which will own part of the Gulf nation's largest oil block and be able to raise debt, as the cashstrapped country seeks to offset the impact of lower oil prices.

The chief executive of Volkswagen, the world's largest vehicle maker by sales, expects autonomous vehicles to be ready for sale between 2025 and 2030, he told a magazine.

Food delivery startup DoorDash Inc now expects to raise up to $3.14 billion in its U.S. initial public offering after boosting its price range on frenzied investor interest in technology stocks that have been boosted by the COVID19 pandemic.

Primark owner Associated British Foods raised its estimate of lost sales due to COVID19 lockdowns this autumn to 430 million pounds ($579 million) but said it was hopeful of making up some of the shortfall with "phenomenal" preChristmas trading.

China will start construction of 10,000 kilometres (6,213.7 miles) of intercity and urban railway over the next five years in Yangtze River Delta, Greater Bay and BeijingTianjinHebei areas, the state planner said on Friday.