Economy

Heads roll at Australia's biggest lender bank amid money-laundering scandal   The Commonwealth Bank of Australia says two directors are to step down, with a third to leave in a year. The board changes come a...

Not cheap as chips: Samsung to invest $18 billion in memory chip business   South Korean firm wants to expand lead in global memory chip amid booming demand for storage products. Samsung Electronics will invest nearly $18bn...

Mitsubishi Motors checking how Kobe Steel parts affected by false data by Naomi Tajitsu   TOKYO (Reuters) - Mitsubishi Motors Corp (7211.T) is investigating how components from suppliers containing Kobe Steel Ltd (5406.T) parts have been affected...

Cape Cod Potato Chips will continue to be made on Cape Cod   BARNSTABLE, Mass. (AP) — Cape Cod Potato Chips will continue to be made on Cape Cod. Snyder’s-Lance Inc., which owns the snack food brand,...

Norse Group demonstrates the value of practical partnerships Author: Mike Britch, Managing Director, Norse Group   Joint ventures and collaborative projects can yield better end products and mutual benefits for all parties. In 2010, the International Civil Aviation...

Taiwan ministry expresses 'deep concern' about Qualcomm's antitrust fine by Jess Macy Yu   TAIPEI (Reuters) - Taiwan’s economics ministry said it is “deeply concerned” about the antitrust agency imposing a $775 million fine on Qualcomm...

Robots will not lead to fewer jobs – but the hollowing out of the middle class Larry Elliott   Weak wage growth could already be a sign automation creating economy in which small number of very...

George Soros foundations now control $18 billion: reports by Lawrence Delevingne NEW YORK (Reuters) - Investor George Soros has transferred about $18 billion, the majority of his estimated fortune, to his Open Society Foundations, making them...