Business

Wall Street on Cloud Nine since Trump’s election

by Ali Bekhtaoui Agence France Presse NEW YORK, United States (AFP) -- The bronze sculpture of a bull that stands…

Ford projects lower-than-expected 2017 profits

DETROIT, United States (AFP) -- Ford on Tuesday projected 2017 earnings below the level expected by analysts and said results this year…

Sweet deal: Nestle sells US candy to Ferrero for $2.8 bn

GENEVA, Switzerland (AFP) - Nestle said Tuesday it has agreed to sell its US candy business to Italy's Ferrero for CHF 2.7 billion…

At Detroit auto show, trucks and SUVs take center stage

by John BIERS / Nova SAFO Agence France-Presse DETROIT, United States (AFP) -- Car makers appealed to Americans' deep love…

Daimler struggling with European emissions standards

DETROIT, United States (AFP) -- The chief executive of Daimler said Monday at the Detroit auto show that his company…

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…

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