WeWork China has set out ambitious revenue goals for 2020 even though it faces staff cutbacks and weak occupancy numbers at its properties across China, sources familiar with the matter said, citing targets announced by the division's general manager at an internal meeting in Shanghai on Wednesday.
Chinese startup AutoX, backed by e-commerce giant Alibaba, has applied to test self-driving vehicles without an in-car backup driver in California, the first challenger to Alphabet Inc's autonomous driving venture Waymo to say it has done so.
Oil prices surged 4% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude stockpiles.
Airbnb will process payments between hosts and guests for the European Union through Luxembourg as of 2020, as the home rental giant prepares for Britain's departure from the bloc, Luxembourg for Finance said on Wednesday.
Ryanair chief executive Michael O'Leary on Wednesday dismissed accusations that he bullied and forced out his former operations chief Peter Bellew, telling a court he was a highly paid professional who had failed to deliver.
Saudi Aramco's bookrunners have recommended pricing its initial public offering at 32 riyals ($8.5) per share, the top of an indicative price range, three sources familiar with the deal said, potentially making it the world's biggest IPO.
Wall Street's main indexes rose for the first time in four sessions on Wednesday, following a report that the United States and China were moving closer to signing a 'phase-one' trade deal.
Exercise bike and treadmill maker Peloton Interactive Inc's latest Christmas advertisement has been widely criticized on social media as being "sexist" and "dystopian".
The Home Depot co-founder says he used Tuesday's stock market drop as a buying opportunity.
When it comes to managing debt, New Mexicans are taking the most time to squash the balances on their credit cards. How much they've borrowed is only part of the story.
Tesla Chief Executive Elon Musk returned to court on Wednesday to resume testifying at a trial to decide whether he defamed a British diver whom the Silicon Valley billionaire called "pedo guy" on Twitter.
Saudi Aramco is looking to buy insurance against war and terror attacks after a damaging drone and missile attack on some of its oil facilities in September, two sources told Reuters.
U.S. services sector activity slowed in November as lingering concerns about trade tensions and worker shortages pushed production to its lowest level in a decade, which could heighten fears about the economy's health.
Wall Street's main indexes looked set to break a three-day losing streak on Wednesday, following a report that the United States and China were moving closer to signing a "phase one" trade deal.
L'Oreal's Lancome brand is planning to open a flagship store in China after launching its first major showcase in Paris this week, its chief executive said, as the company capitalizes on booming demand for high-end cosmetics.