World-Business
ESPN and Formula One reach new 3-year US broadcast deal
Formula One and ESPN have agreed to a new three-year deal to keep the series on the network and on ABC in the United States.
Trade body: China can hit US with sanctions worth $3.6 bln
The World Trade Organization said Friday that China can impose tariffs on up to $3.6 billion worth of U.S. goods over the American government's failure to abide by anti-dumping rules with regard to Chinese products.
World shares advance despite new US-China trade jitters
World shares advanced Friday despite fresh concerns over a report that cast doubt on the prospects for a long-term U.S-China trade deal.
Facebook Q3 revenue tops earnings forecast to hit 17.6 bln USD
Facebook Inc. announced Wednesday a big jump in its total revenue for the third quarter, with a 29 percent increase year-on-year to hit 17.65 billion U.S. dollars.
Fiat Chrysler, PSA Peugeot boards approve merger
The boards of Fiat Chrysler and PSA Peugeot have approved merging the two companies in a move that would create the world's fourth-largest automaker with combined revenues of 170 billion euros ($188.8 billion), the companies announced Thursday.
Samsung Electronics says third quarter profit fell 56%
Samsung Electronics says it operating profit for the last quarter fell by nearly 56%, with its robust smartphone and TV sales offset by a continuously weak market for computer chips.
Volkswagen warns of slowing global auto markets
Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles in its lineup but warned that global car markets are slowing more than expected and lowered its forecast for annual sales.
World shares mostly lower as investors eye Fed, trade news
Global shares mostly retreated Wednesday as investors eye a possible interest rate cut in the U.S. while hoping for a breakthrough on the U.S.-China trade front.
Fiat Chrysler confirms talks with French carmaker Peugeot
Italian-American carmaker Fiat Chrysler Automobiles on Wednesday confirmed that it is in talks with French rival PSA Peugeot, its second bid this year to reshape the global auto industry which is facing huge challenges with the transition to electric and autonomous vehicles.
Sony says 1H net profit off 15%, upgrades full year forecast
Sony Corp. said Wednesday that its net profit fell 15% in the first half of the year, though strong sales of entertainment and imaging sensors offset weakness in the games sector.