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Autos

Russian auto market seen growing 12 percent this year: Kia

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MOSCOW Russia's car market could grow by up to 12 percent this year, recovering faster than previously expected thanks to the improving economy, the head of Kia Motors' Russian business told Reuters on Friday.

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Russian auto market seen growing 12 percent this year: Kia

MOSCOW Russia's car market could grow by up to 12 percent this year, recovering faster than previously expected thanks to the improving economy, the head of Kia Motors' Russian business told Reuters on Friday.

22 Sep 2017
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Volkswagen chairman doesn't rule out outsider as next CEO

HAMBURG Volkswagen has not ruled out breaking with company tradition and appointing an outsider as its next chief executive, Chairman Hans Dieter Poetsch said.

Tech, Budget 2017, Business 22 Sep 2017
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Volvo rolls out compact SUV in latest upmarket move under Geely

MILAN Volvo Cars showed off its first compact SUV on Thursday with the launch of its XC40 model, the latest in a sweeping overhaul of the carmaker's line-up under Chinese ownership.

Budget 2017, Business 21 Sep 2017
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Tesla shares fall from record high after warning from analyst

SAN FRANCISCO Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable.

Tech, Budget 2017, Business 19 Sep 2017
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Ford, Mahindra alliance reflects pressures on automakers

MUMBAI/DETROIT Ford Motor Co and Indian vehicle maker Mahindra and Mahindra Ltd said on Monday they will launch a strategic alliance to counter challenges posed by fast-changing technology and global competition.

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Ford, Mahindra alliance reflects pressures on automakers

MUMBAI/DETROIT Ford Motor Co and Indian vehicle maker Mahindra and Mahindra Ltd said on Monday they will launch a strategic alliance to counter challenges posed by fast-changing technology and global competition.

19 Sep 2017
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Justice Department barred from sharing VW documents: judge

WASHINGTON A federal magistrate judge blocked the U.S. Justice Department from sharing with a German law firm 25 million pages of records disclosed by Volkswagen AG in the government's diesel emissions investigation.

Budget 2017, Business 18 Sep 2017

Business News

Scrap plan for new banking tax, London financiers tells UK opposition party

LONDON A financial transaction tax proposed by Britain's opposition Labour Party would risk the competitiveness of London's financial centre, the City of London Corporation said on Sunday, calling for the proposal to be scrapped.

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Fidget spinners and squishies: some Toys 'R' Us toymakers cut ties

This summer, toy supplier Product Launchers delivered 100,000 specially ordered DC Comics fidget spinners to Toys 'R' Us, unaware that the biggest U.S. toy store chain was in financial trouble.

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NAFTA talks intensify; U.S. seen putting off key demand on autos

OTTAWA Talks to update the North American Free Trade Agreement intensified on Saturday although U.S. negotiators looked set to once again withhold proposals for one of the Trump administration's most challenging issues.

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India extends chief economic adviser Subramanian's term by a year - government

MUMBAI Indian's chief economic adviser Arvind Subramanian will continue for one more year after his current term ends on Oct. 16, the finance ministry said in a Twitter post on Saturday.