September2022

The Philippines will stop operations of 175 offshore gambling firms and deport about 40,000 Chinese workers, a justice ministry official said on Monday, part of a crackdown on the notoriously opaque online gaming industry. The sector...

BMW expects to reach the higher end of its 7-9% margin target for the cars business and sees slight sales growth in 2023, chief financial officer (CFO) Nicolas Peter said in a roundtable on Monday. Demand...

Volkswagen announced on Monday a $2.9 billion battery parts joint venture with Belgian materials firm Umicore, becoming the latest European automaker to bring battery supplies closer to home in the shift towards electric vehicles. While raw...

Apple says it has started making its iPhone 14 in India as it diversifies its supply chains away from China. The company makes most of its phones in China but has shifted some production outside the...

Elton John on Friday sang at the White House at the invitation of President Joe Biden, after declining invitations from his predecessor Donald Trump. Dressed in a glittering black suit and wearing orange glasses, the 75-year-old...

The Fortune Pink, an exceptionally rare giant gemstone, will be auctioned in Geneva in November when it is expected to go for up to $35 million (36 million euros), auctioneers said on Monday. At over 18...

The dollar lost a little of its strength Tuesday after starting the week by surging against major peers, including a record high versus the pound, though equity traders struggled to claw back recent losses owing to...