Volvo Cars shares down 8% as first-quarter revenues fall
Shares of Swedish automaker Volvo Cars fell more than 6% in early trade on Wednesday after a drop in first-quarter revenues.
Target asian news
Indian PM Narendra Modi accused of ‘anti-Muslim hate speech’
India’s Prime Minister Narendra Modi has been accused of hate speech targeting Muslims after he referred to them as “infiltrators” during an election campaign rally.
North Korean hackers target South's defense sector, police say
SEOUL -- South Korean police and arms procurement authorities say North Korean hackers have been targeting the country's burgeoning defense sector over the past 18 months in operations characterized by more diverse approaches and higher levels of complexity.
U.S. Steel rival Cliffs slams Nippon Steel deal as historic 'fiasco'
NEW YORK -- The head of American steelmaker Cleveland-Cliffs, the onetime candidate to acquire United States Steel, came out Tuesday leveling pointed criticisms against Nippon Steel's buyout of the target, describing the pending deal as a "fiasco" of epic proportions.
ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban
TikTok and its China-based parent company ByteDance combined to spend over $7 million so far this year to try and stop Congress from passing legislation that could ban the social media app in the United States.
Market veteran Howard Marks says Fed is 'not going back' to ultra-low rates
The Federal Reserve will not bring interest rates back down to their post-financial crisis lows, according to veteran investor Howard Marks — and he believes that's a good thing.
Why Did Modi Call India’s Muslims ‘Infiltrators’? Because He Could.
Prime Minister Narendra Modi, his power at home secured and his Hindu-first vision deeply entrenched, has set his sights in recent years on a role as a global statesman, riding India’s economic and diplomatic rise. In doing so, he has distanced himself from his party’s staple work of polarizing India’s diverse population along religious lines for its own electoral gain.
Ex-JetBlue CEO Robin Hayes to run Airbus North America
Former JetBlue Airways CEO Robin Hayes will run Airbus' North America arm, replacing Jeffrey Knittel, the airplane maker said Monday.