German rail giant Deutsche Bahn on Wednesday named finance director Richard Lutz as its new chief executive, replacing a boss who quit unexpectedly after contract talks broke down.
Leading Dutch bank ING is under criminal investigation in The Netherlands due to concerns related to “money laundering and corrupt practices”, bank officials and prosecutors said Wednesday.
German carmaker Porsche said Wednesday it would celebrate a record year with a one-off payment to workers of up to exactly 9,111 euros, a nod to the its iconic 911 sports car.
Banks moving from London to European Union financial centres as Britain quits the bloc will not be given an easy ride by regulators, the European Central Bank’s top supervisor warned Wednesday.
Chinese technology giant Tencent reported a profit boost Wednesday, helped by the growing popularity of its mobile games.
Uber chief Travis Kalanick will remain in the driver’s seat as the scandal-tainted on-demand ride service tries to plot a friendlier course with workers, riders and drivers.
Three California lawmakers have introduced legislation that would penalize firms keen to take part in President Donald Trump’s plan to build a wall along the US-Mexico border.
Brazil’s troubled national oil company Petrobras posted a $4.255 billion loss in 2016 but ended in positive territory for the fourth quarter, executives said Tuesday.
A Canada-EU trade pact will provisionally come into force in a few weeks, but could still unravel in the face of rising populism in Europe, its top trade official warned Tuesday.
French investigating magistrates will open a probe into carmaker Fiat Chrysler for suspected cheating in diesel emissions tests, judicial sources said on Tuesday.
Twitter said Tuesday it suspended 376,890 accounts in the second half of 2016 for “promotion of terrorism,” an increase of 60 percent over the prior six-month period.