Hyundai’s Profit Beats Estimates on Luxury Car and EV Growth
Hyundai Motor Co. reported third-quarter earnings that beat analyst forecasts thanks to strong sales of luxury models and
2023-10-26 14:27
Mercedes Sees Profit Margin Pressure on Costs, Weaker Demand
Mercedes-Benz Group AG sees car-making margins at the low end of its forecast this year due to rising
2023-10-26 14:25
Toyota CEO Sees EVs as ‘Missing Piece’ for World’s Top Carmaker
How’s this for a difficult job: taking over from the founder’s grandson, who led the family business to
2023-10-26 13:56
Biden Warns China Not to Attack Philippine Ships After Incidents
President Joe Biden warned China that the US would be forced to intervene if Beijing attacks Philippine vessels
2023-10-26 11:22
Ford, UAW Reach Tentative Deal to End Autoworker Strike
The United Auto Workers reached a tentative labor agreement with Ford Motor Co., putting pressure on the carmaker’s
2023-10-26 09:19
EU Courts Africa in Early Push to Counter Chinese Spending
The European Union and the US will launch the groundwork for a strategic corridor to connect resource-rich Democratic
2023-10-25 20:58
China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps
President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making
2023-10-25 15:24
Indonesia’s Wijaya Karya Gets Investor Nod to Delay Bond Payment
PT Wijaya Karya won investors’ approval to defer payment for its 331 billion rupiah ($21 million) bonds due
2023-10-25 14:48
Rescue Mission Called Off After British Cargo Ship Sinks
Rescuers abandoned efforts to find four missing sailors a day after a British cargo ship sank in the
2023-10-25 14:46
Akzo Nobel Profit Beats Views Buoyed by Lower Input Costs
Akzo Nobel reported profit that beat estimates as input pressures for the paint maker eased and cost-reduction programs
2023-10-25 14:26
Hong Kong Lowers Stock-Trading Tax to Revive Role as Hub
Hong Kong is reversing an emergency increase in the stamp duty on stock trades as officials seek to
2023-10-25 12:56
Xi Steps Up Economic Aid With New Debt Issuance, PBOC Visit
Chinese President Xi Jinping stepped up support for the world’s second-biggest economy, issuing additional sovereign debt, raising the
2023-10-25 09:53