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Huawei founder details “battle mode” reform plan to beat US crisis

China's Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and demote inefficient managers as its grapples...

US whiskey exporters struggle after year of EU tariffs

When Europe's tariffs on US whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European...

Turkey’s military pension fund reaches British Steel deal

Turkey's military pension fund OYAK has reached a provisional agreement to take over British Steel and could close the deal by the end of...

Aramco to take 20% in RIL refinery, chemical biz in India’s biggest FDI deal

Mukesh Ambani on Monday announced that Saudi oil giant Aramco has agreed to take a 20 per cent stake in his flagship Reliance Industries'...

Brexit turmoil drives UK towards recession

Britain's economy unexpectedly shrank in the second quarter of the year on Brexit turmoil, official data showed Friday, placing the country on the verge...

Malaysia charges current, ex-Goldman executives over 1MDB scandal

Malaysia filed criminal charges Friday against 17 current and former executives of three Goldman Sachs subsidiaries, piling further pressure on the Wall Street titan...

EU settles on Bulgaria’s Georgieva to lead IMF

European Union governments picked Bulgaria's Kristalina Georgieva as the bloc's candidate to lead the International Monetary Fund after more than 12 hours of talks...

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