Author: Reuters

BMW is suing two of its suppliers over price fixing on air conditioning components, the German carmaker said on Wednesday.

L’Oreal’s Lancome brand is planning to open a flagship store in China after launching its first major showcase in Paris this week, its chief executive said, as the company capitalizes on booming demand for high-end...

Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the...

Wall Street was set to break a three-day losing streak on Wednesday, following a report that the United States and China were moving closer to signing a “phase one” trade...

Oil prices surged 4% on Wednesday on expectations that OPEC and allied producers would extend production curbs, and as U.S. government data showed a large drop in domestic crude...