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Articles
Strike-Hit Germany Passes Disputed Bargaining Law for Unions
Two trade unions immediately announced plans to try to block the controversial legislation, calling its approval a "black day" and accusing the new rules of robbing workers of the right to strike.
Luxury Giant Richemont Sees Net Profit Plunge
Richemont, the world's second luxury goods group with brands like Cartier and Piaget, confirmed Friday that its annual net profit fell by more than a third due to losses on financial instruments.
An HP laptop on the display floor
HP Sells Stake in China Unit for $2.3 Billion
The move comes with HP in the midst of a plan to break itself into two companies, one with a focus on personal computers and printers, and the other on software and enterprise services.
Fiat logo
Turkey Strike Tensions Ease as Fiat Resumes Work
After a little more than a week on strike, hundreds of workers from local parts manufacturers returned to work Friday.
Mexico Cuts 2015 Growth Forecast After Weak 1Q
Mexico's government sharply lowered its growth forecast for this year on Thursday after the economy grew by a meager 0.4% in the first quarter, hit by slumping oil prices.
An astronaut on a spacewalk
SpaceX Cargo Ship Begins Journey Back to Earth
The unmanned Dragon, the only supply ship capable of returning in one piece, launched more than five weeks ago.
Janet Yellen and Jack Lew, among others, discuss national finance matters
Fed Interest Rate Hike 'Unlikely' in June
Weaker than expected data on manufacturing and retail sales has led economists to revise downward estimates for first-quarter growth, into contraction territory.
The Mercedez Benz logo on the hood and grille of a car
Mercedes Cuts 500 Brazilian Jobs, Puts 7,000 on Leave
Growth in the Brazilian economy has slowed for five straight years, with a contraction forecast of about 1% for this year.
Workers at a site in Beijing
China Gauge Shows Manufacturing Activity Still Shrinking
The Chinese government has tried to spark the world's second-largest economy, but manufacturing companies are still cutting back jobs and production.
Internet Search Pioneer Lycos Selling Patents
Patents being put on the block by the Internet enterprise spun out of Carnegie Mellon University range from search engine technology to online advertising and gaming.
BP Oil Spill Caused Dolphins' Lung Disease, Deaths: Study
Dolphins swimming in the oil-contaminated waters of the Gulf of Mexico after the 2010 BP spill suffered unusual lung lesions and died at high rates because of petroleum pollution, US scientists said Thursday.
Barclays Says It 'Deeply Regrets' Forex Scandal
Britain's troubled Barclays bank was slapped with a $2.4 billion (2.2 billion euro) fine by US and UK regulators for foreign exchange market manipulation.
China Scraps Rare Earths Export Quota After WTO Ruling
Under the new guidelines, rare earth minerals will still require an export license in China but the amount that can be sold abroad will no longer be covered by a quota.
Kwid by Renault
Renault Pursues Growth in India, Launches New Budget Car
The Kwid will go on sale in the second half of the year, priced at 300,000 rupees ($4,700).
Ford logo
Turkey Auto Workers Strike at Ford Factory
The factories of Renault and Fiat in Turkey have been ground to a halt in the past few days by a strike for higher pay, and have also been joined by several auto parts manufacturers.
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