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Pacific Leaders Urged to Defend Free Trade after Trump Win
"In the U.S. and Britain, protectionist tendencies are taking over," President Pablo Kuczynski of Peru told APEC leaders. "It is fundamental that world trade grow again and that protectionism be defeated."
CEOs, Leaders Urge Trump to Stand by Climate Pact
CEOs, Leaders Urge Trump to Stand by Climate Pact 2
"We call on our elected U.S. leaders to strongly support... continued U.S. participation in the Paris Agreement," said an open letter signed by more than 360 companies and investors, mainly American, including a dozen Fortune 500 firms.
Tetra Pak packaging example
China Hits Tetra Pak with $99 Million Antitrust Fine
Tetra Pak was found to have used its "dominant market position" to force suppliers to use its services and restrict their cooperation with rivals.
Ford Still Plans to Move Some Production to Mexico
Ford Still Plans to Move Some Production to Mexico 2
"Our plan is to move our Focus down to Mexico to make room for two very exciting products that will be coming down to the Michigan Center," said Ford CEO Mark Fields.
Toyota Settles Rust Dispute for $3.4 Billion
Plaintiffs allege that the frames in the vehicles did not undergo proper rust prevention during manufacturing, causing them to corrode prematurely.
Toshiba First-Half Profit Triples on Asset Sales
In an intensive makeover effort, Toshiba has been shedding businesses and announced the sale of its medical devices unit to camera and office equipment maker Canon.
13 Dead in Indian Garment Factory Fire
13 Dead in Indian Garment Factory Fire
Workers died as they slept in the factory which is located in a neighborhood that is full of illegal factories.
UAW President on Trump: 'We're Going to Find Some Common Ground' 4
"I think his position on trade is right on. I'm prepared to talk about that," said Dennis Williams.
Bashed on Trade, Beijing May Benefit from President Trump
Bashed on Trade, Beijing May Benefit from President Trump 1
"If the U.S. is less engaged in Asia, Beijing will have an opportunity to shape regional political and economic integration on its own terms," said Mark Williams of Capital Economics.
Audi Hit with Fresh Emissions Cheating Lawsuit
The new case, filed Tuesday in Illinois court, cites a media report that Audi installed the cheating devices on gasoline-powered cars to hide the true emissions of climate-warming gas carbon dioxide, court papers say.
Nasdaq Chief: Trump Win a 'Wake-Up Call' for Business Leaders
Bob Greifeld said the Nasdaq could comfortably handle outsized trading volumes expected the day after the election, and said a rally by U.S. Treasury bonds showed a flight to safety that "will persist for a period of time".
A Tempest in an (Electric) Teapot Over the EU's New Energy-Saving Rules
Kettles, hand dryers, solar panels, lifts, refrigerating containers and building automation control systems are expected to be added to the existing list of products that must meet more stringent energy-saving standards. But toasters get a reprieve.
Nissan to Launch Cheap Electric Car in China
Nissan to Launch Cheap Electric Car in China
"What’s interesting is that China today represents more than one-third of the (global) electric car market whereas five years ago, it was absolutely absent from this market," said Carlos Ghosn CEO of Nissan-Renault alliance.
Samsung Apologizes for Galaxy Note Phones in US Ads
Samsung Apologizes for Galaxy Note Phones in US Ads
"We will re-examine every aspect of the device, including hardware, software, manufacturing and the overall battery structure. We will move as quickly as possible, but will take the time needed to get the right answers."
German Industrial Orders Disappoint in September
The drop in new business was driven by domestic demand, with orders within Germany's borders falling by 1.1%, while orders from abroad fell back by 0.3%.
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