The Nissan Motor Co CEO race has narrowed to a contest between three Renault-Nissan veterans, with Renault's chairman conducting interviews ahead of a Renault-Nissan alliance meeting scheduled for Wednesday, people familiar with the matter said.
Japan's Softbank Group Corp named entrepreneur Ralf Wenzel as chief executive at its Latin American Tech Hub, with the goal of creating joint ventures among Softbank-backed companies in an effort to expand in the region.
The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.
Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.
Amazon.com Inc will launch its virtual assistant Alexa in Brazil starting this month, with plans for three different devices with the software installed, as it rapidly expands operations in Latin America's largest economy.
Volkswagen has established a subsidiary in Turkey's western Manisa province, the country's Trade Registry Gazette showed on Wednesday, as the company nears a final decision on the location for its new production plant.
The World Trade Organization is poised on Wednesday to open the door to hefty U.S. tariffs on European goods over illegal subsidies for Airbus, pushing a 15-year-old row over support for plane giants to the center of fraught global trade relations.
WeWork Japan on Wednesday named a new head of local operations, just days after the co-founder of the We Company stepped down following a botched attempt to gain a stock market listing.
Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data showed a surprise drop in inventories in the United States.
Tesco boss Dave Lewis will step down next summer after declaring the turnaround of Britain's biggest retailer complete, handing over to Ken Murphy, a former executive at healthcare group Walgreens Boots Alliance .
CNBC's Jim Cramer believes Wall Street should be much more afraid of Bernie Sanders in the White House of than of Elizabeth Warren.
A major global share index hit its lowest level in a month on Wednesday after U.S. manufacturing activity tumbled to more than a decade low, sparking worries that the fallout from the U.S.-China trade war is spreading to the U.S. economy.
Veteran investor Martin Gilbert will leave Standard Life Aberdeen next year, ending a career spanning more than three decades at the helm of one of Britain's most successful asset managers.
Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world's biggest smartphone market.
Online fashion retailer ASOS Plc on Wednesday revamped its board by naming several new directors, including Ocado Solutions Chief Executive Officer Luke Jensen, as it looks to bounce back from a string of profit warnings.