Paris: Nissan is halting joint development of luxury cars with Daimler's Mercedes-Benz, sources close to the companies told Reuters, suspending a key project...
Paris: Nissan is halting joint development of luxury cars with Daimler's Mercedes-Benz, sources close to the companies told Reuters, suspending a key project...
Seoul: Samsung Electronics Co said yesterday that its profits in the last quarter of 2016 surged 50 percent to the highest level in...
Mumbai: India's salt-to-steel conglomerate Tata Sons yesterday cranked up its legal tussle with ousted chairman Cyrus Mistry (pictured) by calling for a shareholders'...
US employment increased less than expected in December but a rebound in wages pointed to sustained labour market momentum that sets up the...
Sergio Marchionne enters the final stretch of his career at Fiat Chrysler Automobiles NV with a daunting mission: prove wrong the doubters who...
China's yuan traded in the offshore market is set for its biggest weekly gain yesterday, hovering around two-month highs after the authorities were...
Tokyo: Toyota shares fell yesterday after US President-elect Donald Trump threatened the carmaker with tariffs over a new vehicle plant in Mexico, also...
Hong Kong: Chinese telecom equipment maker ZTE, which is facing US trade sanctions that could severely disrupt its supply chain, is slashing about...
Frankfurt: German industrial orders fell in November, official data showed yesterday, but analysts remained confident that Europe's largest economy would see a rebound...
Turkey's energy watchdog EPDK imposed a two-month cap of 500 liras per megawatt hour on electricity prices yesterday after prices rose to their...
Tokyo: Goldman Sachs Group Inc., home to the team that conceived the BRIC framework for investing in the largest emerging markets, is urging...
London: Budget carrier EasyJet said yesterday it transported a record 74.5 million passengers last year thanks to low oil prices and full planes,...
Washington: The US trade deficit widened for a second straight month in November as imports rose to their highest level in more than...
London: British Finance Minister Philip Hammond has warned that Brexit negotiations would be difficult, but said he hoped to maintain strong economic ties...
Las Vegas: Hyundai's Ioniq draws little attention as it maneuvers the streets of Las Vegas. The mid-sized sedan is one of a number...
New York: Deutsche Bank, Germany's biggest bank, has agreed to pay $95m to settle a tax fraud case brought by the US Justice...
Washington: Volkswagen AG and former Chief Executive Officer Martin Winterkorn (pictured) must defend an investor lawsuit in California over the company's diesel emissions...
Las Vegas: BMW Group announced it would deploy 40 self-driving vehicles for tests in the United States and Europe. The German auto group...
