Business articles

Brazil announces flood of privatizations

A wave of privatizations announced by Brazil’s President Michel Temer has fired up the stock market with hopes of economic renewal, but critics fear an irresponsible fire sale.

Top aide breaks ranks with Trump on neo-Nazis

Donald Trump’s top economic advisor criticized his failure to unequivocally condemn neo-Nazi and white supremacist groups, breaking ranks with the president and exposing deep unease inside the White House on Friday.

Google and Walmart team up to take on Amazon

Wal-Mart, the world’s biggest retailer, and Google, the internet’s predominant search engine, are teaming up in an attempt to challenge Amazon’s growing dominance in online shopping.

Mark Wahlberg named world’s top paid actor

Rapper-turned-actor Mark Wahlberg was named the world’s highest paid actor on Tuesday, earning an estimated $68 million before taxes over the past 12 months.

US business economists fret over Trump policy agenda

US business economists worry about the prospects for President Donald Trump’s policy agenda, and the potential damage to the economy from his trade and immigration policies, according to a survey released on Monday.

US launches formal trade investigation into China

The United States on Friday formally launched a trade investigation into China’s intellectual property practices and forced transfer of American technology, which President Donald Trump had called for this week.

Fitch upgrade Greece debt, sees steady improvment

Credit rating agency Fitch on Friday upgraded Greece’s debt by a notch, citing what it called an improving outlook and amid expectations the country’s debt sustainability will steadily improve.

Infosys chief quits in rift with founders

Vishal Sikka has resigned as chief executive of Infosys, the Indian software giant announced Friday, amid tensions between the company’s board and its founders.
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