Trade war seen among threats to US economic upturn

September 15 marks the 10th anniversary of the collapse of Lehman Brothers. It was the fourth largest US investment bank at the time, and its demise is considered one of the defining moments of the 2008 financial crash.

Erdogan slams US over economic attacks

Turkey's President Recep Tayyip Erdogan said Turkey came under a "heinous economic attack" after statements from the United States. But he said Turkey would weather the attack and stay its course.

Volkswagen to end iconic Beetle cars in 2019

The curvy-topped sedans, which shook off Nazi origins to become a global auto phenomenon, are being sidelined as Volkswagen emphasises electric cars and larger family-oriented vehicles.

Turkey's central bank hikes key interest rate to 24 percent

Its monetary committee decided to "implement strong monetary tightening to support price stability," it said on Thursday, as it raised interest rates by 625 basis points in the face of a spike in inflation and a slump in the lira.

Turkey to use lira in property purchases, sales, rents

A presidential decree has been published in the Official Gazette ordering that all sales and leasing contracts made in foreign currencies in Turkey must be converted into lira within 30 days.

Got $1,100? Apple shows off its most expensive iPhone yet

The California tech giant said it would begin selling its 5.8-inch iPhone XS and 6.5-inch iPhone XS Max later this month, keeping the starting price of the company's top-end model at $999.

From music to news, EU moves to protect online copyrights

Tech giants and celebrities weigh in as European Union lawmakers vote to force Google, Facebook and other firms to share more revenues with EU media, publishers and other content creators in a shake-up of copyright rules.

Alibaba takes joint venture route to Russia expansion

Alibaba Group Holding signed a deal with Russian Direct Investment Fund, mobile operator Megafon and internet group Mail.ru in Russia’s Eastern Economic Forum to strengthen the Chinese company’s foothold in Russian e-commerce.

Cadbury owner stockpiles products, prepares for hard Brexit – report

The United Kingdom is due to leave the European Union on March 29, but there is no full exit deal and Britain’s ruling party is split over Prime Minister Theresa May’s “Chequers” plan to largely accept a “common rulebook” over goods.

Alibaba's Jack Ma to step down as chairman in September 2019

Co-founder Jack Ma said he will be succeeded by CEO Daniel Zhang, an 11-year veteran of the e-commerce giant.

CBS chief Moonves resigns amid new sexual misconduct allegations

Chief Operating Officer Joe Ianiello will take over as interim CEO. The new accusers said the incidents took place between the 1980s and early 2000s while Moonves acknowledged relations with three of the women but said they were consensual.

Trump poised to tax an additional $200B in Chinese imports

US President Donald Trump has upped the ante on China as his administration may be about to slap tariffs of up to 25 percent on an additional $200 billion in Chinese goods.