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Asian Markets Mixed; China PMI Beats Forecasts but Fails to Impress Investors

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EBay CEO Devin Wenig steps down after conflicts with board

No specific reason for Wenig's departure was given. eBay simply said both Wenig and the board felt that a new CEO was best for the company at this time. "Devi...

Toyota GT86 and Subaru BRZ sports cars confirmed for next generation

The deal will also help the carmakers respond to the new domains of CASE (car connectivity, autonomous or assisted driving, new mobility or car-sharing, and ele...

German prosecutors charge VW bosses with ‘dieselgate’ market manipulation

Diess, Chairman Hans Dieter Poetsch and former CEO Martin Winterkorn were accused of deliberately informing markets too late about the huge costs to VW that w...

Japan Airlines Introduces Seat Map That Shows Passengers Where Babies Are Sitting

Entrepreneur Rahat Ahmed drew attention to the policy on Twitter, praising it to his followers and urging another airline, Qatar Airways, to take note . The ba...

Tesla shares jump on leaked deliveries email, entertainment software update

Spotify joins Slacker Radio and TuneIn , which are also natively accessible in Tesla vehicles. You can play the devilishly hard run-and-gun game with USB c...

GM reinstates health care coverage for striking workers

GM officials had previously indicated that the decision on health insurance had been telegraphed to the union well before the strike and no worker had lacked co...

FM to discuss external benchmarking of loans, MSME credit with pvt bankers

The FM further said demand is expected to improve in the festival season though buying is now low due to the ongoing pitrupaksh period. "Therefore, we have al...

NY Fed to pump another US$75 bn into money markets Friday

They voted to lower the benchmark rate by a quarter of a percentage point to a target range of 1.75 to 2 percent. The president has frequently criticized that...

DoorDash announces breach that affects 4.9 million customers, merchants and delivery workers

Almost 5 million people who use or work with food delivery service DoorDash are affected by a data breach , the company disclosed on Thursday. The food del...

McDonald's joins vegan push with Beyond Meat P.L

The burger will be priced at $6.49 Cdn. Beyond Meat's stock shot up 20% in premarket trading. Impossible Meat, the startup that makes plant-based meat, is...

Tesla Police Car's Battery Runs Out During High-Speed Chase

Radio released following the chase shows Hartman telling dispatchers "I've just realised I'm down to six miles of battery..." This was the electric police car...

Trade tensions darken growth outlook for developing Asia: ADB

The newly lowered forecasts reflect gloomier prospects for global trade due in part to escalating trade tensions between China and the United States as well a...

Vermont GOP governor calls impeachment inquiry 'appropriate'

The president, meanwhile, met with Zelensky at the United Nations earlier Wednesday morning. The White House acknowledged that the five-page "unredacted" memo...

Trump, Abe Tout Progress on Limited Trade Deal Lowering Tariffs

It's not immediately clear from Trump's comments on the sidelines of the UN General Assembly what that "first stage" includes. US President Donald Trump on We...

US to soon have trade deal, says US President Trump

Trump had warned earlier on Tuesday that the world was watching how Beijing handles mass demonstrations in Hong Kong that have heightened fears of a potential...

Trump Invited PM Modi to Enhance Connections with Pak: White House

The Prime Minister also said India is unique for its decisiveness despite being a diverse and federal democracy, with a focus on seamless, inclusive and transpa...

Amazon orders electric delivery vans to reduce its carbon footprint

Amazon founder and CEO Jeff Bezos announced Thursday the company placed an order for 100,000 electric delivery vans from Plymouth-based automotive technology...

Juul boss Kevin Burns steps down amid vaping concerns

The San Francisco company, which faces a potentially crippling US ban on most of its products, said Mr. Burns will be replaced by K.C. Crosthwaite, Altria's c...

WeWork Board Reportedly Looking to Replace Neumann

According to sources, SoftBank's chief executive, Masayoshi Son , is now in favor of relieving Neumann of his post. Though he had said that he was "humbled...

Canadian company confirms free Kik Messenger app to shut

Troubled startup Kik Interactive Inc.is shutting down its core messaging service as it battles the U.S. Securities and Exchange Commission over its $98 mill...

Customers of PMC Bank panic, make beeline to withdraw savings

Following this, the depositors staged a flash protest in front of the bank and confronted the bank manager. The RBI will try to clean up the bank's balance shee...

President Trump To Address UN General Assembly

President Donald Trump delivers remarks to the 74th session of the United Nations General Assembly , Tuesday, Sept. 24, 2019, in NY. Trump has long complain...

WeWork CEO to step down amid faltering IPO

Neumann may be the classic example of the charismatic evangelist CEO who is the wrong fit for a company entering its second act. The resignation is the most s...

Kansas reports 2nd death from vaping-related lung disease

There have been nine known deaths related to vaping in the USA so far - two in California, two in Kansas , and one in Illinois, Indiana, Minnesota, Missouri an...

European Union will assess court rulings on Starbucks, Fiat tax cases - Vestager

An EU court on Tuesday will decide if orders by Brussels that Starbucks and Fiat Chrysler pay back taxes are legal, in an early signal on how the same judges wi...

Thomas Cook bosses face scrutiny over collapse

The 178-year-old travel agency that helped pioneer the package tour was brought down by a number of factors including changing travel habits, online competition...

Asian shares gain on better Sino-US trade tone, oil climbs

The above comments are likely to add to the renewed risk-on sentiment in Monday's Asian trading so far, with AUD/USD heading towards 0.6800 while USD/JPY holds ...

Petrol and diesel prices increases, know today's price

Prices of petrol and diesel were hiked again today, making it the 7th day in a row. The surge in prices accompanied global uncertainty over oil markets, in ...

Nissan and Ghosn to pay $16m to settle SEC civil fraud charges

Ghosn will pay US$1 million (RM4.1 million) in fines to settle the matter and will be barred from serving as a corporate executive for 10 years, the Securities ...

Europeans Side With U.S. Over Iran on Saudi Strikes, New Deal

Al Jazeera's James Bays reports from the United Nations in NY. Agreeing with the assessment from top Trump administration officials in recent days, former S...

CME Group To Launch Bitcoin Options In Early 2020, Cites Client Demand

For the first time, investors will have the opportunity to interact in a "regulated stock market", so Bakkt-CEO Kelly Loeffler. Two types of futures contracts...

WeWork board members seek to remove Adam Neumann as CEO

Representatives for WeWork and SoftBank declined to comment. Foremost among unhappy investors is SoftBank, the Japan-based tech conglomerate that is the compa...

USA to boost forces in Middle East, missile defence in Saudi Arabia

Riyadh wants to see more punitive action by the worldwide community. The US has accused Iran of being behind the strikes, but Tehran has denied the claims. ...

British tour company ceases trading, bookings canceled

Thomas Cook customers have told the BBC of their fears over unpaid hotel bills, cancelled trips and being stranded overseas following the collapse of the tour ...

Saudi Arabia and Iran posture over 'acts of war' and 'crushing' responses

Iran's President Hassan Rouhani is heading to the United Nations General Assembly (UNGA) in NY, where he says he will reveal the details of his Gulf security ...