Business

Feeling the heat: public saunas cool again in Finland

HELSINKI, Finland (AFP) -- Is stripping down and getting sweaty with strangers your kind of thing? In Finland, despite an…

VW Korea head apologises, questioned on emission fraud

SEOUL, South Korea (AFP) -- The head of Volkswagen's South Korean unit apologised Thursday as he presented himself to state…

US adds 255,000 jobs in July, surpassing expectations

  WASHINGTON, United States (AFP) - by Douglas Gillison The US economy saw robust job creation in July, largely surpassing…

Jaguar Land Rover recalls US cars with airbag defect

NEW YORK, United States (AFP) -- Jaguar Land Rover announced Thursday it is recalling more than 50,000 vehicles in the…

Bank of England cuts rates to record low on Brexit

LONDON, United Kingdom (AFP) - by Roland JACKSON The Bank of England on Thursday slashed interest rates to a record…

Tesla posts another loss, but says on track for future deliveries

Tesla Motors Inc reported a steeper than expected quarterly loss on Wednesday (August 17) on higher spending at its vehicle…

Japan’s ANA cites terrorism as Q1 net profit tumbles

TOKYO, Japan (AFP) -- The parent company of Japan's All Nippon Airways on Wednesday cited "terrorist incidents" in Europe and…

Calvin Klein snaps up ex-Dior designer Simons

by Jennie MATTHEW NEW YORK, United States (AFP) -- US fashion house Calvin Klein on Tuesday announced the appointment of…

Global shares down, Japan stimulus fails to lift sentiment

MANILA, Philippines (AP) — Global shares were mostly lower Tuesday, as a Japanese stimulus package and a decision by Australia's…

Nestle to invest $43 million for plant in Philippines

MANILA, Philippines (AFP) -- Swiss food giant Nestle said Tuesday it would spend two billion pesos ($43 million) in the…

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