Business

UK construction firm Carillion liquidates business

LONDON, United Kingdom (AFP) -- British construction and outsourcing services group Carillion announced its immediate liquidation Monday after the heavily-indebted…

Volkswagen reports record global car sales in 2017

DETROIT, United States (AFP) -- Volkswagen said Sunday that its namesake brand sold more vehicles worldwide in 2017 than ever…

Cryptocurrency rivals snap at Bitcoin’s heels

PARIS, France (AFP) -- Bitcoin may be the most famous cryptocurrency but, despite a dizzying rise, it's not the most…

Bitcoin shouldn’t become the new Swiss bank account: Mnuchin

WASHINGTON, United States (AFP) -- Dominant digital currency bitcoin should not be allowed to become the Swiss bank account of the modern…

Italian govt mulling three offers for ailing Alitalia

MILAN, Italy (AFP) --  Friday Italy's government said Friday it is considering three bids for troubled airline Alitalia from Lufthansa, EasyJet and a private…

Asian markets mostly higher as Hong Kong extends record run

HONG KONG, China (AFP) -- Most Asian markets resumed their positive start to the year on Friday with Hong Kong…

Fiat Chrysler to invest $1 bn on back of US tax reform

NEW YORK, United States (AFP) -- Italian-American automaker Fiat Chrysler on Thursday unveiled a plan to invest $1 billion in…

Walmart raises pay in US even as it shuts some Sam’s Club stores

by John Biers Agence France Presse NEW YORK, United States (AFP) -- Walmart announced Thursday it will raise the minimum…

Brexit could cost nearly 500,000 UK jobs: study

LONDON, United States (AFP) -- Brexit could cost the UK nearly 500,000 jobs in a worst-case scenario, according to a…

Uniqlo fashions strong profits from international sales

TOKYO, Japan (AFP) -- Japan's Fast Retailing said Thursday that sales at its Uniqlo stores abroad had outstripped domestic demand…

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