Daimler on Wednesday reported its worst year since 2015 as trade tensions and costly investments drove a slump in profits, months before chief executive Dieter Zetsche relinquishes the wheel at the Mercedes-Benz maker. "Last year

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Spotify, the world's leading music streaming platform, on Wednesday announced an ambitious plan to become a top streamer of podcast content. The Sweden-based company plans to invest $500 million on non-music streaming this year, seeking

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The US trade deficit fell for the first time in six months in November amid declines in imports of cellphones and petroleum products, leading economists to boost their economic growth estimates for the fourth quarter.

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President Donald Trump on Tuesday told Congress that Washington's aggressive trade negotiations with Beijing would mean an end to China's alleged "theft" of US jobs and wealth. In his annual State of the Union address,

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Swedish manufacturer Volvo Cars, owned by Chinese group Geely, said on Wednesday it was recalling 167,000 cars worldwide because of a problem with the power-operated tailgate. The announcement came just two weeks after Volvo recalled

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A new head of retail will take over at Apple in April as the iPhone maker looks to ramp up sales in a sluggish smartphone market, particularly in China. Angela Ahrendts will leave Apple in

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The 10-billion-euro ($11.4 billion) package of measures for low earners announced by President Emmanuel Macron to try end the "yellow vest" revolt has "weakened" France's finances, state auditors warned Wednesday. "The outlook for the public

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General Motors Co on Wednesday swung to a quarterly profit thanks to high-margin pickup trucks and crossovers in the US market plus cost cutting and maintained its full-year 2019 earnings forecast, lifting its shares 1.7

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The number of people using European airports set a record last year but growth slowed compared with 2017, the Airports Council International Europe (ACI) said Wednesday. The total number of passengers at European airports reached

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The New York Times moved into the profit column in the fourth quarter, helped by gains in digital advertising and the biggest increase in online subscribers since the months after the 2016 US election. The

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