updated - September 29, 2020 Tuesday EDT
German carmakers are considering shipping more vehicles to the United States rather than China as demand in the Asia nation is expected to slow due to its slumping economy and turbulent financial markets.
Swiss agrichemicals firm Syngenta AG is on the lookout for partners that can improve its product offerings after it turned down the acquisition offer of U.S. seed seller Monsanto Co. despite a number of shareholders supporting the deal.
The chief executive of Avid Life Media Inc., the company that owns infidelity website Ashley Madison has stepped down, has resigned weeks after hackers made public information of its 37 million subscribers.
Already reeling from a massive recall for using deadly airbags, the automotive industry is facing another major safety issue with a lawsuit filed in the U.S. against 10 leading carmakers for keyless ignitions that allegedly concealed carbon monoxide poisoning and killed 13 people.
Fast food giant McDonald's Corp. turned down the offer of rival Burger King for a one-day truce to collaborate on a "McWhopper" sandwich for World Peace Day, saying the two brands can do better than that.
Japan's Panasonic Corp said on Thursday it will close a lithium-ion battery factory in Beijing and axe 1,300 jobs there as demand for the product slides, competition increases and with better opportunities available in electronic car batteries.
Consumer confidence rose to a seven-month high in August, while sales of single-family homes rebounded in July, but these may not be enough to convince the Federal Reserve to hold off a raise hike amid continued market turmoil emanating from China.
Exelon Corp.'s bid to buy Pepco Holdings Inc. hit a snag after utilities regulators in the District of Columbia thumbed down the proposal saying possible benefits to consumers are outweighed by the potential harm the deal may cause.