UK competition watchdog to examine Amazon's Deliveroo investment
Britain's competition regulator on Friday took action to pause Amazon's investment in online food delivery group Deliveroo by serving an initial enforcement order on the two companies.
Britain's competition regulator on Friday took action to pause Amazon's investment in online food delivery group Deliveroo by serving an initial enforcement order on the two companies.
General Motors Co's second-quarter vehicle sales in China fell 12.2%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.
Airbus deliveries rose about 28% in the first half to just under 390 aircraft, putting the planemaker on course to beat crisis-hit Boeing in 2019 but handing it a record production task in the second half, industry sources said.
Jaguar Land Rover is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty.
Crude oil prices fell on Friday on weak economic indicators from the United States and Germany, shrugging off tensions around Iran and this week's decision by OPEC and its allies to extend a supply cut deal until next year.
World stocks clung to their 17-month highs on Friday and bonds paused after this week's rally ahead of U.S. jobs data, a gauge that could stoke or temper market expectations about aggressive policy easing by the Federal Reserve.
Britain's competition regulator has stepped in to pause Amazon's investment in online food delivery group Deliveroo while it considers launching a full investigation.
General Motors Co's second-quarter vehicle sales in China fell 12.2%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.
BMW will seek to appoint a chief executive later this month after Harald Krueger said he did not want to extend his contract, pre-empting deliberations about whether to give him another five-year term at the helm.
U.S. benchmark crude prices fell on weak economic indicators on Friday while Brent oil ticked higher, supported by tensions over Iran and this week's decision by OPEC and its allies to extend a supply cut deal until next year.
Renault-Nissan has not decided whether to publish figures on cost savings and other synergies achieved by the alliance over the last year, as has been its custom, two sources close to Renault said, amid growing tension in the partnership.
In Argentina's remote northern province of Jujuy, Chinese telecoms giant ZTE is installing a little slice of the Asian nation's vast surveillance state - security cameras that the local government says will help to curb street crime.
U.S. stock futures edged lower, on Friday, as investors awaited the monthly jobs data, which could offer clues on the Federal Reserve's move on interest rates.
BMW's production chief Oliver Zipse is to become the next chief executive of the German carmaker after Harald Krueger's announcement that he was stepping down, the Frankfurter Allgemeine newspaper reported on Friday, citing people within the company as its source.
The first batch of companies will start trading on the STAR Market on July 22, the Shanghai Stock Exchange said on Friday.