The US trade deficit dropped nearly 15 percent in January compared to December, largely due to declining imports from China, the Commerce Department reported Wednesday. Economists say the decline could help support growth in the first three months of the year, which would be a welcome...

German carmaker Volkswagen and Amazon.com Inc have agreed on a strategic partnership to create a kind of “industry cloud”, for which details will soon be announced, Germany’s Sueddeutsche newspaper reported on Wednesday. It cited unnamed sources at Volkswagen as saying Amazon would...

 McDonald’s Corp said on Monday it would buy Israel’s Dynamic Yield, whose technology helps marketers personalize customer interactions, to boost its online marketing efforts. McDonald’s will pay more than $300 million, a person familiar with the matter said. McDonald’s...

Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering.   Uber said late Monday night it would pay $1.4 billion in cash and $1.7 billion in...