Business

Home >> Business

European car sales stay in reverse

European car sales fell 3.9 percent in March compared to the same month last year, marking the seventh-straight monthly drop, an industry body said Wednesday. "Demand decreased in all major EU markets," the European Automobile Manufacturers Association said, with the biggest falls in Italy,...

Italy targets Amazon in market dominance probe

Italy's competition authority said Tuesday it had opened an investigation into Amazon for possible abuse of its dominant position in online commerce and logistics. The authority said it suspected that the retail giant had been giving preferential exposure to third-party vendors on its...

Asian markets rise as attention turns to China growth data

Asian markets rose Tuesday after a slow start to the day, as investors brushed off a weak lead from Wall Street while looking ahead for the release of Chinese growth data. With few catalysts to drive business regional equities at first struggled for traction but picked up as the day wore...

Syria regime announces new measures to curb fuel shortages

Syria adopted new measures Sunday to curb fuel shortages Bashar Assad's regime has blamed on strangling Western sanctions on the war-torn country. Syrian authorities are seeking to "regulate the distribution at petrol stations" and to ensure even deliveries across to country while...