Ride-sharing motorbike services are surging in popularity in the Bangladeshi capital of Dhaka, where nightmare traffic often means that walking is faster than traveling by car or bus.
Delta Air Lines said on Thursday it would buy a 20% stake in LATAM Airlines Group for $1.9 billion, creating a major new airline partnership and ending the Chilean carrier’s ties with American Airlines.
Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20% from around 17% now, expanding their partnership to invest more effectively in new technologies, Nikkei reported on Friday.
Oil prices fell on Friday, erasing more of the gains realized after the Sept. 14 attacks on Saudi Arabian oil facilities, as the rapid return of production capacity from the world’s top exporter squashed risk premiums.
Toyota Motor Corp plans to raise its stake in Subaru Corp to more than 20% from around 17% now, expanding their partnership to invest more effectively in new technologies, Nikkei reported on Friday.
Asian shares were on course for a second straight week of losses on Friday as the release of a whistleblower complaint against U.S. President Donald Trump heightened uncertainties about the global economy, already reeling from Sino-U.S. trade war.
WeWork is halting all new lease agreements with property owners as the U.S. office-sharing startup looks to curtail costs, the Financial Times reported on Thursday citing people briefed on the matter.
Airbus Chief Executive Guillaume Faury said on Thursday he will continue to advocate for a settlement on trade between the United States and Europe and called the imposition of tariffs a “lose-lose game” on both sides of the Atlantic.
Italian oil and gas group Eni said on Thursday its chief executive, Claudio Descalzi, was under investigation for a conflict of interest issue over dealings in the Congo.
General Motors Co said on Thursday it will pay for the health insurance of its striking hourly workers, reversing a decision to push the costs onto the United Auto Workers union as officials on both sides said major issues remain to be resolved.
Boeing Co failed to adequately consider how pilots respond to cockpit emergencies in its 737 MAX safety assessment and may need to make changes to flight deck alerts, pilot procedures and training, the National Transportation Safety Board said.
The Trump administration imposed sanctions this week on Chinese tanker companies for alleged involvement in the transport of oil from Iran, calling it one of the biggest sanctions actions it has taken since its crackdown on Iranian oil exports.
Carole Ghosn, the wife of former Nissan Chairman and Chief Executive Officer Carlos Ghosn, on Thursday raised doubts about her husband getting a fair trial in Japan in an interview to CNBC.
Trade talks between the United States and China are set to resume on Oct. 10 in Washington, CNBC reported on Thursday, citing three people close to the talks.
Tesla Inc shares closed up 6% on Thursday on a report that Chief Executive Officer Elon Musk saw “a shot” at delivering 100,000 cars this quarter and the company said it will roll out a software update for watching movies and playing games in cars.
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