WORLD BUSINESS & ECONOMY

Mercedes-Benz fourth-quarter profits hit by trade war

Daimler, the parent company of Mercedes-Benz, reported its fourth-quarter operating profit fell 22 percent. The German automaker said the trade…

Mnuchin says U.S. team will hold trade talks in China next week

U.S. Treasury Secretary Steven Mnuchin said on Wednesday that he and other U.S. officials will travel to Beijing next week…

U.S.-China tariff hike would trigger downturn, trade diversion: U.N

A U.S. plan to hike tariffs on China next month could trigger an economic downturn and let other countries take…

Tech boosts S&P, Nasdaq; healthcare weighs on Dow

U.S. stocks edged higher on Monday boosted by technology shares ahead of Alphabet’s results after the bell, but declines in…

Walmart, Amazon scrambling to comply with India’s new e-commerce rules

Walmart Inc-owned Flipkart and Amazon.com Inc’s Indian unit are rushing to rejig ownership structures and rework some key vendor relationships,…

U.S. government reopens as clock starts on funding talks

The U.S. government reopened fully on Monday with about 800,000 federal workers returning after a 35-day shutdown triggered by President…