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Taxi group wins right to join Uber's London license appeal case

A taxi trade association will be able to participate in Uber's appeal against the loss of its operating license in the British capital city set to be heard in full on July 6, a British judge decided on Thursday.



5 years ago

Too white, too male: Fed takes on diversity one bank board member at a time

The Federal Reserve, long criticized for being too white and male, crossed a substantial milestone last year: for the first time in its 107-year history, white men held fewer than half of board seats at the Fed's 12 regional outposts.



5 years ago

Oil rises on short-covering, hopes for deeper output cut by OPEC+

Crude prices inched higher on Wednesday as investors covered short positions after three sessions of losses and eyed potential supply cuts, even as fears of a coronavirus pandemic deepened.



5 years ago

Wells Fargo workers seek Washington's help with internal gripes

A contingent of aggrieved Wells Fargo & Co workers are taking complaints to Capitol Hill, saying they feel brushed aside by management.



5 years ago

Pandemic fears jolt stock markets, bonds rally

Asian shares fell on Wednesday as a U.S. warning to Americans to prepare for the possibility of a coronavirus pandemic jolted Wall Street yet again and pushed yields on safe-haven Treasuries to record lows.



5 years ago

Trump, Modi hope talks lead to phase one of U.S.-India trade deal: White House

U.S. President Donald Trump and Indian Prime Minister Narendra Modi have agreed to "promptly" conclude ongoing trade talks that they hope can lead to the first phase of a bilateral U.S.-India trade deal, the White House said.



5 years ago

Profits jump at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said profitability reached fresh highs in 2019, though the French firm underscored a gloomy outlook for car sales in markets like Europe this year as it pursues its merger with Fiat Chrysler .



5 years ago

Panasonic to exit solar cell production at Tesla's NY plant; ops unaffected, NY says

Panasonic Corp plans to exit solar cell production at Tesla Inc's New York plant, the latest sign of strain in a partnership where Panasonic's status as the U.S. electric vehicle (EV) maker's exclusive battery supplier nears its end.



5 years ago

Hyundai to decide hydrogen fuel-cell system factory location this year: executive

Hyundai Motor Co and its affiliates are ready to decide the location of a new hydrogen fuel-cell system factory this year, which could be in South Korea or overseas, an executive said on Wednesday.



5 years ago

Starbucks to launch Beyond Meat plant-based breakfast sandwich in Canada

Starbucks Corp said on Wednesday its Canadian stores will start selling a Beyond Meat Inc plant-based breakfast sandwich next week, the first time the world's biggest coffee chain will offer an imitation meat product.



5 years ago

Oil slides for fourth day as pandemic fears deepen

Crude oil prices gave up early gains and slid for a fourth day on Wednesday as fears of a coronavirus pandemic deepened as the outbreak spread in several countries outside China.



5 years ago

Profits surge at Peugeot maker PSA ahead of Fiat merger

Peugeot maker PSA Group said its profitability reached a record high in 2019 but the French carmaker forecast falling industry sales in Europe this year as it pursues its merger with Fiat Chrysler, which is strong in North America.



5 years ago

Bayer chairman quits amid glyphosate litigation

Bayer , the drug and crop protection company that is seeking to settle claims over an alleged cancer-causing effect of weedkiller Roundup, said its non-executive Chairman Werner Wenning was stepping down.



5 years ago

Toyota says Japan plants may be affected by virus-related supply issues

Toyota Motor Corp on Wednesday said that operations at its plants in Japan may be affected by supply chain issues linked to the new coronavirus outbreak in the coming weeks, as the global outbreak gathers pace.



5 years ago

Bayer chairman quits after making progress to settle litigation

Bayer , which is fighting claims its weedkiller Roundup causes cancer, said its Chairman Werner Wenning was stepping down because the drugs and crop protection company was making good progress in settlement talks.



5 years ago