Business

News Hour: Infiniti achieved a new global sales record in August. Total sales of over 17,150 were up 2 percent vs August 2015 representing the best ever August result. From January to August, Infiniti sold almost...

News Hour: Oil prices edged up on Friday on bargain-buying and a weaker dollar after another slump fuelled by a surge in US stockpiles and worries about an upcoming meeting to tackle a global supply glut,...

News Hour: Samsung Electronics is recalling its flagship Galaxy Note 7 smartphone and said that battery problems were behind phones catching fire. The decision follows reports in the US and South Korea of the phone “exploding”...

News Hour: Royal Philips today announced the appointment of Sophie Bechu as Chief of Operations and Executive Vice President. Sophie Bechu, who joins Philips as of September 1, 2016 from International Business Machines Corp. (IBM), becomes...

News Hour: Oil prices edged up slightly on Thursday after being hammered the day before by data showing a sharp rise in US stockpiles, while analysts warned a pick-up in the dollar would add further downward...

News Hour: Facing a severe cash crunch, Tesla Motors Inc plans to raise additional money this year to help fund development and production of its new Model 3 sedan and build out a giant battery factory,...

News Hour: Chevron Corporation today announced that its wholly-owned subsidiary, Chevron U.S.A. Inc., has signed a binding LNG Sales and Purchase Agreement (SPA) with ENN LNG Trading Company Limited (ENN) for the delivery of liquefied natural...

News Hour: The European Union has said that US tech company Apple must repay a record 13bn euros ($14.5bn) in taxes after ruling that a special scheme to route profits through Ireland was illegal state aid,...

News Hour: Volkswagen is reviewing its supplier and procurement strategy to avoid another crippling dispute like the one that caused production slowdowns and even stoppages at six plants this month, Chief Executive Matthias Mueller said, reports...

News Hour: Google executive David Drummond left the Uber board of directors on Monday as competition revs up between the companies over self-driving cars, reports BSS. “I recently stepped down from Uber’s board given the overlap...