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China April manufacturing growth slows faster than expected

BEIJING Growth in China's manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers' efforts to reduce financial risks in the economy weighed on demand.

Recent Business News

Google gets Australian tax office demand to pay more, says to fight it

SYDNEY Alphabet Inc's Google said it will challenge amended tax assessments issued by the Australian Taxation Office (ATO), which is trying to claw back billions of dollars from multinational corporations citing unpaid taxes.

Apr 29 2017

Zalando ponders opening stores in major cities: Manager Magazin

BERLIN Online fashion retailer Zalando is pondering opening stores in major cities such as London, Paris or Berlin, the company's co-chief executive told Germany's Manager Magazin.

Apr 29 2017

In first 100 days, a reversal of fortune for Trump favorites on Wall Street

SAN FRANCISCO A funny thing happened on Wall Street in Donald Trump's first 100 days in the White House: Shares of companies that got closest to the president lagged the market's march higher.

Apr 28 2017

U.S. first quarter growth weakest in three years as consumer spending falters

WASHINGTON The U.S. economy grew at its weakest pace in three years in the first quarter as consumer spending almost stalled, but a surge in business investment and wage growth suggested activity would regain momentum as the year progresses. | Video

Apr 28 2017

Tesla must complete brake fix to regain top safety rating: Consumer Reports

DETROIT Tesla Inc needs to complete fixing its Model S sedan emergency braking system to regain Consumer Reports' top safety rating, the magazine said on Friday, noting that a recent update by the luxury electric car maker was not enough.

Apr 28 2017

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