British authorities are asking Amazon to address concerns that its plan to buy a stake in food delivery platform Deliveroo could damage competition between businesses that do takeaways and those that deliver groceries. The Competition and Markets Authority gave the online shopping shopping behemoth five days to come up with legally binding proposals to address the competition concerns identified Wednesday. ...

The U.S. dollar declined against the euro on Tuesday after upbeat German economic data boosted the common currency. A monthly survey published Tuesday by a German economic research institute showed the economic sentiment for Germany has risen sharply in December 2019, buoyed mainly by better-than-expected exports data. The Leibniz Center for European Economic Research in Mannheim (ZEW) said the latest ...

The Australian government has released its proposed new online safety laws aimed at preventing the spread of harmful material. Paul Fletcher, the minister for Communications, unveiled the Online Safety Act in a speech to the National Press Club on Wednesday, urging technology giants such as Google and Facebook to “step up” in tackling the dangers of the internet. If passed ...

NASA administrator Jim Bridenstine and the media got an up-close look Monday at a huge, newly completed rocket for the program aimed at putting a man and woman on the moon as early as 2024. Bridenstine was in New Orleans to see the first of the “core stage” rockets for NASA’s Space Launch System at the Michoud Assembly Center, where ...

European companies in China have been able to minimise the effect from the tariff war between Beijing and Washington, although some are considering relocating their businesses, the EU Chamber of Commerce said Monday. The world’s two biggest economies have been entangled in a lingering trade war for over a year, which has weighed on the global economy and resulted in ...

China’s trade with the United States sank again in November as negotiators worked on the first stage of a possible deal to end a tariff war. Exports to the United States fell 23% from a year earlier to $35.6 billion, customs data showed Sunday. Imports of American goods were off 2.8% at $11 billion, giving China a surplus with the ...

Chinese consumers are much more likely than people in other major countries to purchase an electric vehicle or hybrid, showed a latest survey. There is gathering pace behind electric vehicle appetite with over 50 percent of respondents willing to consider an electric or hybrid vehicle next time they replace vehicles, according to the survey released this week by global consulting ...

Iran’s President Hassan Rouhani on Sunday presented to parliament what he called a “budget of resistance” against crippling sanctions imposed by arch-enemy the United States. “Next year, similar to the current year, our budget is a budget of resistance and perseverance against sanctions,” Rouhani told parliament in remarks broadcast on state radio.

India’s largest car manufacturer Maruti Suzuki has proactively recalled 63,493 certain petrol Smart Hybrid (SHVS) variants of Ciaz, Ertiga and XL6 vehicles, the company said in a statement to the Bombay Stock Exchange late Friday. The vehicles were manufactured by an overseas global part supplier between Jan. 1 to Nov. 21 this year for a possible defect with the Motor ...

The enhanced X-Ray Timing and Polarimetry mission (eXTP) could set an example of good cooperation between the Czech Republic and China, said Czech scientists attending an international workshop on Astronomical X-Ray Optics which closed here on Friday. The eXTP is a China-led cutting-edge satellite observatory that aims to explore still mysterious celestial bodies, such as black holes and neutron stars. ...