Business

Volvo Cars and owner Geely consider merger deal

Swedish automaker Volvo Cars and its owner Chinese automaker Geely Holding said Monday they are considering combining their businesses to create a company that "would accelerate financial and technological synergies between ...

Business

UK approves restricted 5G role for China's Huawei

Britain on Tuesday gave the green light to a limited role for Chinese telecoms giant Huawei in the country's 5G network, in a decision that left the United States "disappointed" after it called for a total ban.

Business

Infosys profits jump 23.5% as probe finds no proof of wrongdoing

India's second-largest IT outsourcing firm Infosys on Friday announced a 23.5 percent jump in its quarterly net profits, beating estimates as it declared that an internal probe had found no evidence of misconduct by its top ...

Business

Stormclouds gather for Facebook's Libra currency

International outcry is mounting over Facebook's Libra—with central banks, governments and regulators railing against the social media giant's upstart cryptocurrency.

Business

ECB set to start countdown on new eurozone stimulus

The European Central Bank is likely to point Thursday to an interest rate cut in September, analysts say, although recent hints towards bucking up sluggish growth and inflation could even mean a move this week.

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