Author: Reuters

IKEA Group, the owner of most IKEA furniture stores worldwide, plans to cut 7,500 jobs over the next couple of years, mainly administrative staff in central support functions, it said on...

Illinois, the U.S. state with the lowest credit rating on Wall Street, has often been chastised for using gimmicks to balance its...

World stocks attempted to steady on Wednesday following a bruising Wall Street session that wiped $1 trillion off the value of leading U.S. tech shares, while oil prices staged a modest rebound after slumping to one-year...

U.S. chipmaker Nvidia Corp has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors to develop autonomous driving technology, Chief Executive Jensen Huang said on...

U.S. prosecutors are investigating if Hyundai Motor and affiliate Kia Motors’ vehicle recalls over engine defects were conducted properly, according to a person with knowledge of the matter and documents reviewed by...