International Business

U.S. lawmakers press top chip equipment makers for details on sales to China

Stellantis to lay off 400 workers at Detroit auto parts facility

Walmart to offer independent drivers in U.S. new holiday bonuses in battle with Amazon

TSMC to reportedly suspend production of advanced AI chips for China starting Monday

China unveils US$1.40-trillion local debt package, but no direct stimulus

Oil settles down 2% on receding hurricane risk, lacklustre China stimulus

Global solar capacity hits record two terawatts on path to climate goal: data

U.S. weekly unemployment claims increase marginally; unit labour costs stir inflation fears

Duke Energy sees up to $2.9-billion in restoration costs from three U.S. hurricanes

Nippon Steel hopes to close U.S. Steel deal before Trump returns to White House, executive says

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

U.S. Federal Reserve cuts rates by quarter of a percentage point, notes labour market easing

Bank of England cuts interest rates, but sees higher inflation after Labour government’s budget

Oil rises 1% as investors digest U.S. election fallout

U.S. crude inventories rose last week as exports fell, EIA says

Elon Musk’s ties to Trump will reverberate through Tesla, other interests

Oil prices rise as investors take stock of Trump’s election victory

Japan’s Seven & I reportedly exploring cutting Seven Bank holding to 38%

Trump victory to reverberate through global economy

Bernie Marcus, Home Depot co-founder and billionaire philanthropist, dies at 95

Michelin to close two French plants in latest blow to Europe’s auto sector

Marathon Petroleum’s quarterly profit tops estimates on higher refinery throughput, utilization rate

Strong rebound in employment hoists U.S. services PMI to more than two-year high

Yum Brands reports surprise fall in global sales amid KFC’s struggles in U.S.

Oil prices steady ahead of U.S. election results

FBI recovers funds for victims of scammed banker

China files complaint at World Trade Organization over EU tariffs on Chinese-made EVs

U.S. agency ends investigation into Ford engine failures after recall, warranty extension

Thames Water creditor group calls on others to back £1.5-billion lifeline plan

Pennsylvania judge allows Elon Musk’s $1-million voter giveaway

Boeing strike is over but troubled aerospace giant still faces real challenges

Oil jumps nearly 3% after OPEC+ delays output hike, U.S. election in focus

Federal Reserve set to cut rates again while facing a hazy post-election outlook

Public funding for nature conservation stalls at COP16, eyes on private investment

TD bankers weren’t jailed over money laundering. But this guy sure was

U.S. regulators mull issues around siting data centres at power plants

U.S. labour market staggers after blow from hurricanes, strikes

Exxon Mobil’s US$8.6-billion profit exceeds estimates as record output offsets weak fuel prices

Chevron tops quarterly profit expectations on higher oil and gas output

Oil prices settle up slightly on Iran worries, but prices down for week

Apple beats Wall Street estimates, supported by iPhone sales

Amazon.com beats estimates for quarterly revenue