A safety advocate group has petitioned U.S. regulators to open an investigation into an estimated 4.9 million Chrysler vehicles for issues that could lead to engine stalls and other problems, according to documents posted online by the U.S. National...
Struggling apparel retailer American Apparel Inc (APP.A) said it had hired Scott Brubaker, a managing director at turnaround firm Alvarez & Marsal, as interim chief executive, three months after ousting controversial CEO and founder Dov Charney.
The company also named...
China's role in supplying cheap consumer goods to the West could end in coming years due to rising domestic consumption and worker pay, stoking inflation and unsettling retailers in Western markets, the chairman of logistics group Li & Fung...
European Union regulators will provide more details on Tuesday of their reasons for launching in-depth inquiries into tax arrangements reached by Ireland with Apple and by Luxembourg with a Fiat subsidiary.
The European Commission has launched a similar investigation into...
The European Aviation Safety Agency (EASA) says electronic devices such as mobile phones can be left switched on during flights.
EASA says that electronic devices do not pose a safety risk.
The announcement clears the way for airlines to permit the...
$9.3m Weapons Deal: Catholic Bishops Exonerate Oritsejafor
SAN FRANCISCO, September 26, (THEWILL) – As controversy continues to trail the $9.3m South African Weapons Deal involving an aircraft belonging to the President of the Christian Association of Nigeria (CAN), Pastor Ayo Oritsejafor,...
The dollar held near a four-year high against a basket of currencies on Friday, fueled by the biggest yield advantage over the euro in nearly 15 years as the Federal Reserve contemplates hiking interest rates.
European equities fell to trade...
Apple Inc (AAPL.O) broke its silence on complaints about bending iPhones, hours after withdrawing a glitch-ridden software update as the company struggles to restore momentum to the rollout of its latest phones.
"With normal use, a bend in iPhone is...
Sanctions put in place amid the crisis in Ukraine have caused more problems for Europe than Russia, the chief executive of Italian bank UniCredit (CRDI.MI) was quoted as saying in an interview with a Czech newspaper.
"The sanctions have caused...
Japan's Sharp Corp (6753.T) said on Friday that it would seek 300 job cuts in Europe and pursue cooperative ties in household electronics with two companies in the region in a renewed round of restructuring of its European operations.
The...