Amazon changes business structures in India to bring big seller back: sources
One of the biggest sellers on Amazon.com Inc’s India website has returned after the online retail giant changed its business structures to comply with new federal e-commerce curbs that took effect last week, two sources told Reuters.
Long, strange trip: How U.S. ethanol reaches China tariff-free
In June, the High Seas tanker ship loaded up on ethanol in Texas and set off for Asia.
Novartis CEO lauds Trump administration plan to overhaul rebates
Novartis AG Chief Executive Vas Narasimhan said his company’s prescription drug prices have been “flat to negative” over the last three years, and directed blame for high costs for U.S. patients on industry middlemen that manage drug benefits.
Asian shares near four-month peak, NZ$ takes a dive
Asian share markets hovered near four-month highs on Thursday with Australian equities the star performer while the New Zealand dollar sank after disappointing jobs data prompted investors to narrow the odds of a future rate cut.
Volvo Cars feels margin pressure from U.S.-China tariff war
Chinese-owned Volvo Cars reported a fall in 2018 profit margins as a prolonged trade war between Washington and Beijing pushed up costs and resulted in pricing pressure in its main market China.
Bank branches lose influence in battle for U.S. market share: study
In a world with fewer branches, banks will need to rely more heavily on advertising to win market share, according to a study released on Thursday by McKinsey.
Asian shares inch up to four-month highs, NZ$ takes a dive
Asian share markets edged up to four-month highs on Thursday with Australian equities the star performer while the New Zealand dollar sank after disappointing jobs data prompted investors to narrow the odds of a future rate cut.
SoftBank Group adds $14 billion to market value as shares soar on buyback, third-quarter profit
SoftBank Group Corp shares jumped 17 percent on Thursday, adding $14 billion to the Japanese tech investment giant’s market value, after it unveiled a record share buyback and a surge in quarterly operating profit.
GM’s incentive plan for Cruise chief points to IPO: SEC filing
General Motors Co on Wednesday outlined an incentive plan for the head of its self-driving car unit that points the way toward a possible initial public offering for the business.
Fiat Chrysler, Bosch agree to pay $66 million in diesel legal fees: filing
Fiat Chrysler Automobiles NV and Robert Bosch have agreed to pay lawyers representing owners of U.S. diesel vehicles $66 million in fees and costs, according to court filing on Wednesday and people briefed on the matter.
