Women running the money? Rarely at hedge funds

Generous salary and juicy bonus? Check. Client meetings at private members' club? Check. Swanky Mayfair office? Check. Company maternity scheme? Maybe, we'll get back to you.
30 March 2019, 18:00 PM

Apple, in rare reversal, pulls plug on wireless charging mat

Apple Inc on Friday said it is canceling the AirPower wireless charging mat that the company announced in 2017 on the same day as its iPhone X, a rare public retreat for the gadget maker known for splashy product launches.
30 March 2019, 18:00 PM

Huawei profit soars despite US pressure

China's Huawei's net profit grew 25 percent last year, the telecom giant said Friday, as it vowed to "shake off outside distractions" amid a global US campaign to blacklist the company over espionage fears.
30 March 2019, 18:00 PM

US inflation index slows sharply

A key US inflation measure dropped sharply in January due to plunging energy costs, the Commerce Department reported Friday.
30 March 2019, 18:00 PM

German jobless rate falls to record low since reunification

Germany's unemployment rate fell again in March, striking a new historic low since reunification in 1990, figures showed Friday, as a job boom in Europe's biggest economy extended its run.
30 March 2019, 18:00 PM

EU risks 'trade war' with Malaysia over palm oil: Mahathir

The European Union risks opening up a trade war with Malaysia over its “grossly unfair” policies aimed at reducing the use of palm oil, Prime Minister Mahathir Mohamad said on Thursday.
28 March 2019, 18:00 PM

Sony to close smartphone plant in China to cut costs

Sony Corp is closing its Beijing smartphone plant, a spokesman said on Thursday, as the Japanese electronics giant cuts costs in an attempt to make the money-losing handset business profitable from next year.
28 March 2019, 18:00 PM

Volkswagen in talks to buy stake in Ford's Argo unit

Volkswagen has signed a deal to develop a pickup truck with U.S. rival Ford and continues discussions about extending its alliance to include autonomous driving and mobility services, the German carmaker said on Thursday.
28 March 2019, 18:00 PM

US, Chinese trade negotiators face 'large amount of work'

Beijing said Thursday US and Chinese negotiators still face a "large amount of work" as they meet for fresh talks aimed at resolving a months-long trade war.
28 March 2019, 18:00 PM

Britain rebukes Huawei over security failings, discloses more flaws

Britain publicly chastised China's Huawei Technologies for failing to fix long-standing security flaws in its mobile network equipment and revealed new “significant technical issues,” increasing pressure on the company as it battles Western allegations that Beijing could use its gear for spying.
28 March 2019, 18:00 PM

Renault aims to restart Nissan merger talks

France's Renault SA intends to restart merger talks with Japan's Nissan Motor Co Ltd within 12 months, after which it will set sight on a bid to buy Fiat Chrysler Automobiles NV, the Financial Times reported on Wednesday.
27 March 2019, 18:00 PM

China bank provides $190b for Belt and Road projects

China Development Bank (CDB) has provided financing of over $190 billion for more than 600 projects of the “Belt and Road” infrastructure plan since 2013, CDB President Zheng Zhijie told the Boao Forum on Wednesday.
27 March 2019, 18:00 PM

Brexit turmoil hits UK firms' hiring plans

British companies have scaled back sharply their hiring and investment plans amid the growing turmoil around Britain's exit from the European Union, a survey showed on Wednesday.
27 March 2019, 18:00 PM

Google launches global council to advise on AI and tech ethics

Alphabet Inc's Google said on Tuesday it was launching a global advisory council to consider ethical issues around artificial intelligence and other emerging technologies.
27 March 2019, 18:00 PM

End of an era in Indian aviation as Goyal bows out

Jet Airways founder Naresh Goyal rose from humble beginnings to be undisputed king of India's skies. But now, at 69, massive debts have forced him to cede control of the pioneering airline he founded.
27 March 2019, 18:00 PM

With Fed pause, list of potential Asia rate cutters grows

A slowing global economy and abrupt end to Federal Reserve policy tightening have shifted rate cut expectations in Asia to probable from possible, with the market betting on moves by a growing list of central banks.
27 March 2019, 18:00 PM

Lufthansa looking to merge European catering unit with peer

Lufthansa is looking to merge the European operations of its catering unit LSG with a peer as it struggles with low margins in a competitive market on the continent, people close to the matter said.
27 March 2019, 18:00 PM

China's industrial profits shrink most since 2011

China's industrial firms posted their worst slump in profits since late 2011 in the first two months of this year, data showed on Wednesday, as increasing strains on the economy in the face of slowing demand at home and abroad took a toll on businesses.
27 March 2019, 18:00 PM

India to crack down on sugar sales below floor price

The Indian government has asked regional cane commissioners to take action against sugar mills selling sugar below a government-mandated price, a letter seen by Reuters showed.
27 March 2019, 18:00 PM

Foreign subsidies fuel Norway's e-car boom, for now

On the outskirts of Oslo, a row of Fiat 500es imported from California stand parked in the snow outside the Buddy Electric dealership, part of a global flow of pre-owned electric cars to Norway powered by green subsidies elsewhere in the world.
21 March 2019, 18:00 PM