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Business
Volkswagen Shareholders Demand More Scrutiny After Xinjiang Audit
Volkswagen must regularly check its operations in China to ensure its supply chains are safe and comply with human rights laws, two of the carmaker's investors said after an audit of its jointly owned Xinjiang site found no sign of forced…
India Stock Value Tops $4 Trillion, Narrowing Gap With Hong Kong
India’s stock market value reached more than $4 trillion Tuesday for the first time, marking a key milestone for the world’s fifth-biggest equity market as it rapidly narrows the gap with slumping Hong Kong.
The market capitalization of…
Apple To End Goldman Sachs Credit Card Partnership
Apple is set to end its credit card tie-up with Goldman Sachs, a US newspaper reported Tuesday, as the investment bank pulls back from consumer lending.
Apple sent a proposal to Goldman Sachs to exit from their contract in 12 to 15…
Jack Ma Urges Alibaba To ‘Correct Course’ In Rare Internal Memo
Jack Ma urged Alibaba Group Holding Ltd. to correct course in a surprise internal memo, in which the billionaire called for fundamental change across the company he co-founded decades ago.
Ma, who has mostly stayed away from day-to-day…
Jack Ma Gets Back Into Business With ‘Ma’s Kitchen Food’
Jack Ma sparked speculation about his next endeavors after the billionaire seeded a small company to process and sell farming produce, in his latest venture since retreating from the spotlight at the height of a government-led industry…
Black Friday Shoppers Set Online Spending Record, Adobe Says
Black Friday shoppers spent a record $9.8 billion online in the US, Adobe Analytics reported, offering a positive sign for retailers facing lackluster sales forecasts for the holiday season.
Demand for electronics, smartwatches, TVs and…
Amazon Hit By Strikes, Protests Across Europe During Black Friday Trade
Amazon workers came out on strike at multiple locations across Europe on Friday as protests against the U.S. e-commerce giant's working practices picked up pace on one of the busiest shopping days of the year.
"Make Amazon Pay", a global…
China Weighs Ending Freeze On Boeing With 737 Max Deal In US
Boeing Co. may finally see a sales breakthrough for its 737 Max aircraft in China when presidents Joe Biden and Xi Jinping meet this week, ending a long commercial freeze in a critical overseas market for the US planemaker.
The Chinese…
Union Bank Gets EBRD €2m Loan To Aid Albania’s Agribusiness, Tourism
The European Bank for Reconstruction and Development (EBRD) is providing a loan of about €2 million to Union Bank, to support financing of the agribusiness and tourism sectors. This investment will aim to boost on-lending directed at two…
Saudi Arabia’s Third Future Minerals Forum Holds January 2024
The third edition of the Future Minerals Forum (FMF) of the Saudi Ministry of Industry and Mineral Resources (MIM) will be held from January 9-11, 2024, at the King Abdulaziz International Conference Center in Riyadh, Saudi Arabia, under…