A fire at a Chinese-owned auto parts plant in Michigan has cut off supply of key components and disrupted production of crucial Ford Motor Co. and Daimler AG models, with the U.S. automaker already saying it'll hurt profit in the second quarter.
Alibaba has long enjoyed a lucrative return from its massive online shopping network. But their extraordinary profitability is no longer a foregone conclusion as the Chinese e-commerce giant re-invests huge sums of money on new initiatives in the face of intensifying competition.
Two technology booms — some people might call them frenzies — are combining to turn a once-obscure type of microprocessor into a must-have but scarce commodity.
Billions of dollars of deals signed by international companies with Iran are under threat after President Donald Trump announced he was pulling out of a “rotten” nuclear deal with Tehran.
Investors sure like the idea that Sears is looking beyond its struggling retail business to drum up new sources of revenue and places to sell products under its own brands.
The outlook for Indian online retailer Flipkart was decidedly gloomy when Kalyan Krishnamurthy became chief executive officer in January 2017. The startup’s valuation was dropping, fundraising was more difficult and Amazon.com Inc. was pledging $5bn-plus to siphon away customers.