Global Business | The Daily Star
  • Grim December for EU’s top economies caps year of trade war

    Industrial production fell back sharply in both Germany and France in December, official data showed Friday, closing off a year that saw trade conflicts above all weigh on the top EU economies.

  • Shanghai to help Tesla resume production amid coronavirus spread

    US electric carmaker Tesla’s factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading epidemic of coronavirus, a Shanghai government official said on Saturday.

  • Coronavirus claims world’s biggest capacity car plant

    The most productive car factory in the world fell quiet on Friday as South Korea’s Hyundai suspended operations at its giant Ulsan complex, hamstrung by a lack of parts with the coronavirus outbreak crippling China’s industrial output.

  • Uber and Lyft take different roads in search of profit

    Uber Technologies Inc and Lyft Inc, the two leading US ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.

  • Regulators begin probe into Google-Ascension cloud computing deal

    A US federal regulator has initiated an investigation into a cloud computing deal between Alphabet Inc’s Google and Ascension Health which would give Google access to detailed health information of millions of patients, the Wall Street Journal reported on Tuesday.

  • Unilever appoints Andersen as new chairman

    Unilever on Wednesday named non-executive director Nils Andersen as its new chairman, appointing an executive with deep experience across consumer goods and logistics industries to help the Dove soap maker navigate a dip in emerging market sales growth and fix its foods business.

  • Datasoft, eGeneration win global awards

    Local tech firm Datasoft Manufacturing and Assembly (DMA) Inc won the outstanding ICT company award from the Asian-Oceanian Computing Industry Organisation (ASOCIO) for its Bangabandhu Hi-Tech City plant.

  • Chinese takeover marks new chapter in history of British Steel

    A Chinese buy-out marks a new chapter in the tumultuous history of steelmaking in the United Kingdom, which has been characterised by nationalisation, privatisations and recurring crises.

  • Growth in global oil demand to slow from 2025: IEA

    Growth in global oil demand is expected to slow from 2025 as fuel efficiency improves and the use of electric vehicles increases, but consumption is unlikely to peak in the next two decades, the International Energy Agency said on Wednesday.

  • ‘Made in Germany’: Tesla sets up shop in Berlin

    US electric vehicle pioneer Tesla will build its first European factory and design center near Berlin to produce cars “Made in Germany” as it seeks to burnish its reputation for reliability and sporting prowess.