Business

News Hour: Alibaba Group Holding Ltd has plans to provide credit services in Brazil, Jack Ma, the company’s executive chairman, was quoted as saying in Wednesday’s edition of O Estado de S. Paulo. In China, the...

News Hour: Chevron Corporation announced that its wholly-owned subsidiary, Chevron Global Ventures, Ltd., has entered into an agreement to sell the shares of its wholly-owned indirect subsidiaries operating in Bangladesh to Himalaya Energy Co. Ltd. Chevron...

News Hour: Mitsubishi Motors Corporation (MMC) today inaugurated a new manufacturing plant in Indonesia following a 65 billion yen ($565 million) investment in a state-of-the-art facility that will employ 3,000 workers and produce 160,000 units a...

News Hour: Netflix is to introduce original content in China in a licensing deal with local video streaming service iQiyi.com, the U.S. company said on Tuesday. Netflix has struggled to break into the Chinese market, where...

News Hour: German industrial group Thyssenkrupp plans to open its own 3D printing center this year to manufacture products for its customers, a company executive said on Tuesday. As well as producing steel, submarines, and elevators,...

News Hour: ABB has sealed a collaboration agreement with International Business Machines Corp, the Swiss engineering company said on Tuesday, the latest step in its efforts to ramp up its presence in digital technology and the...

News Hour: Alphabet Inc’s Waymo autonomous vehicle group will begin testing a self-driving car program for hundreds of families in Phoenix, Arizona and is buying 500 Chrysler minivans to do so, the companies said on Tuesday....

News Hour: South Korean chipmaker SK Hynix made record quarterly profits in the first three months of the year, it said on Tuesday, with strong demand for memory chips for mobile gadgets pushing up prices. The...

News Hour: Luxury shoe maker Jimmy Choo has said it is seeking potential offers for a sale of the business. The firm, which has a market value of about £700m, has not received any bids yet...

News Hour: Oil prices recovered ground on Monday following last week’s big losses, driven by expectations that OPEC will extend a pledge to cut output to cover all of 2017, although a relentless rise in U.S....