BMW expands car-sharing service DriveNow in London
BMW is expanding its car-sharing service DriveNow into five more London boroughs as the carmaker overcomes some of the barriers to operating across the city where firms need to strike agreements with separate local authorities.
Jaguar Land Rover to open technical engineering office in Hungary
Britain’s biggest carmaker Jaguar Land Rover (JLR) will create 100 jobs with a new technical engineering office in Hungary to allow for close collaboration with suppliers in central and Eastern Europe, the firm said on Friday.
U.S. Appeals Court rules against Sunoco in excise tax case
The U.S. Court of Appeals for the Federal Circuit on Thursday upheld a lower court ruling that Sunoco not be allowed to deduct $1 billion in alcohol fuel mixture credits on its federal excise tax returns, the U.S. Justice Department said.
Apple warns on holiday sales, sending value below $1 trillion
Apple Inc on Thursday warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign exchange costs.
U.S. judge shreds main claim in Parmesan cheese labeling lawsuits
A federal judge on Thursday dismissed the central claim in lawsuits accusing five food producers and retailers of deceiving consumers by using “100% Grated Parmesan Cheese” labels to describe products that contained cellulose, an anti-clumping agent ma…
AT&T’s WarnerMedia accuses DOJ with ‘collaborating’ with Dish in HBO dispute
AT&T Inc’s WarnerMedia has accused the U.S. Department of Justice of “collaborating” with Dish Network Corp in a high profile dispute over carrying HBO and Cinemax.
Canada October auto sales slide 1.9 percent
Canada’s auto sales slid for the seventh straight month in October as demand for new cars waned with rising interest rates.
Google’s ‘#metoo’ moment: Workers walk out over women’s rights
Thousands of Google employees around the world briefly walked off their jobs on Thursday to protest the company’s response to sexual harassment and demand that the world’s largest search engine address rising concerns about workplace inequality.
Wall Street climbs for third day, Apple falls after the bell
U.S. stocks rose for a third straight session on Thursday as President Donald Trump said trade talks with China were “moving along nicely,” reviving hopes that the two countries can resolve their trade dispute.
Exclusive: France’s Perenco, Russia’s Gazprombank named in Venezuela graft case – source
Anglo-French oil company Perenco and Russian financial firm Gazprombank have been identified in testimony by a former Venezuelan state oil company official who said he received millions of dollars in bribes in return for giving them preferential treatm…
