Business > BusinessNews

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low

1 hour ago   |   Reuters

Nissan Motor Co slashed its full-year profit forecast to its lowest in nearly a decade due to weakness in the United States, just as it adjusts to life without Carlos Ghosn and...
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Asian shares fall despite strong Wall Street; oil retreats

1 hour ago   |   Reuters

Equity markets in Asia faltered on Wednesday amid losses in South Korea and uncertainty over China's plans for further stimulus as the economy shows signs of regaining its footing.
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Aviva's UK insurance boss to step down, management review to begin

1 hour ago   |   Reuters

British insurer Aviva said on Wednesday that Andy Briggs, head of its UK insurance business, was stepping down from the company, just weeks after missing out on its top job to...
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Australian retail shareholder group says to vote against AMP pay proposals

2 hours ago   |   Reuters

Australia's most prominent retail shareholder group said on Wednesday it will vote against AMP Ltd's executive pay proposals for a second straight year, adding to pressure on...
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Hyundai Motor profit jumps as South Korea, U.S. sales offset China slump

2 hours ago   |   Reuters   |   2 articles

South Korea's Hyundai Motor reported a better-than-expected 24 percent jump in net profit for the January-to-March quarter, as improved business at home and the United States...
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Samsung Elec to invest $9.6 billion annually in logic chips until 2030

2 hours ago   |   Reuters   |   2 articles

Samsung Electronics plans to invest 11 trillion won annually through 2030 in logic chip businesses, including its foundry business, and expects the move to help create 15,000...
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Hyundai Motor first-quarter net profit up 24 percent; beats forecast

2 hours ago   |   Reuters   |   2 articles

South Korea's Hyundai Motor posted a 24 percent rise in net profit for the January-to-March quarter on improving sales at home and the United States, although weak business in...
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Samsung Electronics to invest $9.6 billion annually in logic chips until 2030

3 hours ago   |   Reuters   |   2 articles

Samsung Electronics said on Wednesday that it would invest 11 trillion won annually through 2030 in logic chip businesses, including its foundry business.
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Adding to Ghosn woes, Nissan set to further slash profit outlook: report

3 hours ago   |   Reuters   |   2 articles

Nissan Motor Co Ltd could be heading for a bigger-than-expected earnings drop due to weakness in its top markets, just as it adjusts to a future without Carlos Ghosn and...
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Didi-SoftBank taxi-hailing JV expands to 13 cities across Japan

4 hours ago   |   Reuters

Didi Mobility Japan, a joint venture by China's Didi Chuxing and SoftBank Corp, said on Wednesday that it would expand its taxi-hailing service to 13 cities across Japan.
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North Korean leader Kim Jong Un crossed the border into Russia on his...

North Korean leader Kim Jong Un crossed the border into Russia on his armored train ahead of a meeting with Putin

North Korean leader Kim Jong Un crossed the border into Russia on Wednesday via his armored train ahead of a summit with the Russian President Vladimir Putin set for Thursday... Read more ...

Trump says there's 'no reason' for White House aides to publicly testify and...

Trump says there's 'no reason' for White House aides to publicly testify and plans to defy Democrats' subpoena

President Donald Trump claimed there was "no reason" for White House staffers to testify to Congress following the release of the special counsel Robert Mueller's report on the... Read more ...

Tesla announced improved battery ranges for some Model S and Model X...

Tesla announced improved battery ranges for some Model S and Model X vehicles ahead of first-quarter earnings

Tesla announced a series of improvements to the Model S sedan and Model X SUV on Tuesday. Both vehicles received drivetrain upgrades that Tesla said would improve the battery... Read more ...

Southampton forward Shane Long scores fastest goal in Premier League history...

Southampton forward Shane Long scores fastest goal in Premier League history and it took less time than an Usain Bolt race

Southampton forward Shane Long scored the fastest goal in Premier League history on Tuesday. Long took advantage of a misplayed ball from Watford, leaping in front of an errant... Read more ...

Treasury Secretary Stephen Mnuchin and the IRS blew through another deadline...

Treasury Secretary Stephen Mnuchin and the IRS blew through another deadline to turn over Trump's tax returns

Treasury Secretary Steven Mnuchin told Democrats on the House Ways & Means Committee that the IRS would not meet their second deadline to turn over six years of President... Read more ...

Alphabet's drone delivery company just received FAA approval to start...

Alphabet's drone delivery company just received FAA approval to start dropping packages on customer's front doorsteps in Virginia

Wing, the aerial-delivery venture spun out of Google , has become the first US drone operator to receive federal clearance as an airline. That means Wing can start legally... Read more ...

Twitter CEO Jack Dorsey and President Trump met behind closed doors to...

Twitter CEO Jack Dorsey and President Trump met behind closed doors to discuss social media ahead of the 2020 election

Twitter CEO Jack Dorsey met with President Donald Trump on Tuesday at the White House. The meeting was held to discuss "the world of social media in general," Trump said in a... Read more ...

We think we know when Amazon Prime Day will be this year - here's our...

We think we know when Amazon Prime Day will be this year - here's our prediction, and what you should do to prepare

Insider Picks writes about products and services to help you navigate when shopping online. Insider, Inc. receives a commission from our affiliate partners when you buy through... Read more ...

Jared Kushner says Mueller's probe was 'more harmful' to the US than the...

Jared Kushner says Mueller's probe was 'more harmful' to the US than the Russians 'buying some Facebook ads' to try and influence the 2016 election

Jared Kushner on Tuesday echoed President Donald Trump and bashed special counsel Robert Mueller's probe into Russian election interference. "I think the investigations and all... Read more ...

Donald Trump will come to UK for state visit on June 3

Donald Trump will come to UK for state visit on June 3

Donald Trump to come to the United Kingdom in June for an official state visit. Trump will visit from Monday June 3 to Wedneday June 5. He is set to meet the Queen and host a... Read more ...