Louisa Clarence-Smith

Move comes as Walmart offloads its $3.7 billion stake in JD while US consumers flock to budget outlets

Carmaker said model would have been profitable and will cut percentage of annual capital expenditure on pure electric vehicles from 40 per cent to 30 per cent

‘Vast majority’ of officials want a reduction

Traders are braced for a near 10 per cent swing in the chipmaker’s shares depending on whether its second quarter performance beats or misses expectations

Gen Z’s demand for non-alcoholic options has meant an eager market for the US start-up Athletic Brewing Company

Artificial intelligence computing provider is being investigated by the Justice Department for potential violations of antitrust laws

Silicon Valley tech group says the Competition and Markets Authority is using ‘unsubstantiated assertions’ from developers in its inquiry

A group of America’s largest credit rating agencies have been fined more than $49 million for record-keeping failures.Moody’s Investors Services, S&P Global Ratings and Fitch Ratings, are among a

The market valuation of the company has fallen to $3.4 billion after a promising debut, wiping billions of dollars off the value of the former president’s stake

The Republican presidential nominee has promised ‘drastic reforms’ that critics say would mean a civil service staffed with sycophants