Global automakers say that the current proposals put forward by China with respect electric and hybrid cars are impossible to meet and would cause big disruption to their businesses and they have urged China to delay and soften the planned quotas for sales of those vehicles.   To protest...

The CEO of BP believes the market is currently balanced and production is meeting demand on a daily basis despite recent volatility in the price of oil.   "I think everyone uses the word balanced and they forget that it means different things to different people. To me, it means on a daily...

Amid nervousness in the cryprocurrency market, bitcoin has seen more than $12 billion wiped off its value in the last 30 days as it hit a near one-month low on Wednesday.   According to data from CoinDesk, noting its lowest level since June 15, when it slumped to $2,185.96, the price of...

The European Union has replied it would retaliate against any form of sanctions in response to President Donald Trump's tough stance on international trade.   After Trump declared intentions to limit steel imports to protect domestic steel companies, there was rise of the contentious...

Fueled by higher prices for wheat, meats and dairy products such as butter, international food prices soared to around two-year highs during June.   According to data released Thursday by a United Nations agency, the gains have outpaced most other major food commodity groups and global meat...

A $10 billion combination of two back-office processors whose roots date to the 1970s might seem unusual in the world of financial technology, where startups are the focus of M&A chatter.   But bankers and analysts said that some of the legacy players are more interested in buying one...

A panel of experts say that even if they cannibalize their legacy operations, companies looking to grow should not shy away from adopting new, emerging technologies.   Sometimes spurring the decline or demise of traditional businesses and changing the way users today interact with technology...

As the electronics holding automotive cockpits all together have become a rat's nest of components made by different parts makers, they become crammed with ever more digital features such as navigation and entertainment systems.   And as the industry accelerates toward a so-called virtual...

As technology heavyweights jostle for consumers with traditional providers, the chief executive of a major pharmaceutical company believes that the global health-care industry faces a "huge disruption".   Digital disruption is an enabler for health-care and pharmaceutical companies to serve...

A healthy sign of political will and how regulators are getting on top of things is reflected by an ongoing probe into several of China's largest overseas asset buyers, said an investor on Tuesday.   Amid a government crackdown on money laundering ahead of the 19th party congress...

During talks in which both leaders took great pains to stress the importance of a strong U.S.-Indian relationship, U.S. President Donald Trump urged Indian Prime Minister Narendra Modi to do more to relax Indian trade barriers.   Trump and Modi appeared to get along well at a closely watched...