Business News

  • China Stokes Domestic Auto Makers
    Chinese authorities are ratcheting up subsidies to domestic auto makers in hopes of building a world-class industry even as production expansions are fueling concerns about overcapacity.
  • Google's EU Settlement Under Pressure
    Google’s proposed settlement with European Union antitrust cops is under increasing threat of being revised or scrapped, amid calls to more tightly regulate the Web giant.
  • Diamond Hub Braces for Fallout From Ukraine
    Industry executives and officials in Antwerp, the world-leading hub for the diamond trade, are nervously preparing for the possibility that the conflict over Ukraine will cut off one of their biggest suppliers: Russia.
  • Rosneft CEO Backs Stake Sale
    OAO Rosneft Chief Executive Igor Sechin said he supports the Russian government’s plan to sell a 19.5% stake in the oil giant to the highest bidder, as long as the state retains control.

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