GENEVA (Reuters) -The World Trade Organization found on Wednesday that the United States had violated global trading rules by insisting…
Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave
By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -When telecoms gear makers Nokia and Ericsson leave Russia at the end…
Tesla to freeze hiring, lay off employees next quarter – Electrek
(Reuters) -Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported…
Fortum concludes sale of Uniper to German government
HELSINKI (Reuters) – Finland’s Fortum said on Wednesday it had concluded the sale of its stake in utility Uniper to…
Nike shares surge as inventory challenges start to abate, demand stays strong
(Reuters) -Nike Inc’s shares soared nearly 15% on Wednesday as investors shrugged off margin pressure at the sportswear giant and…
U.S. current account deficit shrinks in third quarter
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record…
U.S. new vehicle sales to fall in December as high prices deter buyers – report
(Reuters) – U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising…
Off-budget spending stirs doubts about Poland’s finances
By Anna Koper, Pawel Florkiewicz and Gergely Szakacs WARSAW (Reuters) – As Poland heads for an election year grappling with…
Elon Musk, ‘Chief Twit’
By Kenneth Li -How easy was it to forget the rocket-launching, swashbuckling billionaire inspiration for the superhero “Iron Man” movies…
Aircraft lessor SMBC completes $6.7 billion purchase of rival Goshawk
DUBLIN (Reuters) – SMBC Aviation Capital has completed its purchase of smaller rival Goshawk Aviation in a deal that creates…