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19 hours 35 minutes ago

Samsung asks partners to stockpile Japanese components: source

South Korea's Samsung Electronics has sent letters to local partners urging them to stockpile more Japanese components in case Tokyo expands its export restrictions, a source with knowledge of the matter said on Thursday.

19 hours 52 minutes ago

Renault's Senard expects Nissan's new board to embrace alliance

Renault is confident that alliance partner Nissan's new board will work to reinforce their partnership as it struggles to turn the page on the Carlos Ghosn scandal, Renault Chairman Jean-Dominique Senard said on Thursday.

19 hours 59 minutes ago

Verizon resurrects media business as safe haven on the internet

Banning pornography from Tumblr was not necessarily meant to define Verizon Media's strategy to turn around a collection of Internet has-beens. But that is how it has played out.

20 hours 9 minutes ago

BMW to pick new CEO, Zipse emerges as favorite

BMW is set to name Oliver Zipse as its new chief executive, picking the manufacturing expert to help the German automaker make the shift to electric and self-driving cars and tackle new competition from technology giants.

20 hours 15 minutes ago

Trump's tariffs trip up the all-American RV industry

Carrie Gray points to a stack of unwelcome mail on a conference table at the offices of Renegade RV, one of the leading U.S. manufacturers of high-end recreational vehicles. She’s buried in bad news from most of her about 350 suppliers.

20 hours 29 minutes ago

Novartis raises full-year targets, aims to settle U.S. lawsuit

Novartis boss Vas Narasimhan raised full-year targets on Thursday and announced that $700 million has been set aside in the hope of settling a decade-old lawsuit alleging that the Swiss drugmaker bribed U.S. doctors.

20 hours 36 minutes ago

EU Commission fines Qualcomm for second time over market abuse

Qualcomm , the world's no.1 chipmaker, was fined 242 million euros ($272 million) by the European Commission on Thursday for blocking a rival from the market about a decade ago, its second EU antitrust penalty.

20 hours 42 minutes ago

EBay beats second-quarter revenue estimates

(This July 17 story corrects paragraph 2 to say second-quarter revenue was up, not down)

21 hours 17 minutes ago

Oil edges lower after rise in U.S. gasoline stocks

Oil edged lower on Thursday, unable to shake off the downbeat mood of the last two days in response to a sharp rise in U.S. stockpiles of products such as gasoline, pointing to weak demand during the summer driving season in the United States.

21 hours 26 minutes ago

Vodafone wins EU approval for Liberty Global deal

Vodafone secured on Thursday antitrust approval from the European Union for its $22 billion bid to buy Liberty Global's cable networks in Germany and central Europe after offering concessions in May.