Shopkeepers in a southern Indian state began removing Pepsi and Coke from their shelves Wednesday after unions called for a boycott of the softdrink giants, urging consumers to shun foreign brands.
US manufacturing activity expanded in February for the sixth consecutive month as businesses reported strong sales and demand, the Institute for Supply Management said Wednesday.
Americans’ strong appetite for light trucks and sport utility vehicles helped drive sales higher in February at some automakers, while others struggled with continued weakening demand for sedans and compact cars.
Germany’s inflation shot to a four-and-a-half year high in February, but analysts predicted Wednesday that it will not convince the European Central Bank to drop its ultra-loose monetary policy.
Canada’s central bank maintained its key lending rate at 0.5 percent on Wednesday, saying it remains worried about “significant uncertainties” going forward despite a surprise uptick in the economy.
Made-in-Europe productions from streaming video platform Netflix are a hit in the rest of the world, the US firm’s chief executive said Wednesday in Berlin, promising more series and movies from the Old Continent.
US stocks surged back to records as trading opened Wednesday, with the Dow topping 21,000 for the first time, as markets embraced a softer tone in President Donald Trump’s congressional address Tuesday night.
A closely watched measure of US inflation in January hit its fastest monthly pace in nearly four years, the Commerce Department reported Wednesday.
Chinese property magnate Cheung Chung Kiu has agreed to buy London’s distinctive “Cheesegrater” skyscraper for £1.15-billion, current owner British Land said Wednesday, as foreign buyers profit from sterling’s slump.
Phones rugged enough to survive falling from the sky or resistant to foaming hand soap — just some of the special features mobile phonemakers are offering to appeal to niche markets.
China said Wednesday it will cut 500,000 jobs in the steel and coal industries this year as it continues to trim excess capacity in the smokestack sectors amid a slowing economy.