LONDON: Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of...
LONDON: Many carmakers are predicting a significant shift to electric vehicles in the next decade. Advances in battery technology and the growth of...
BEIJING: Chinese e-commerce giant Alibaba and the country's biggest phone carrier, China Mobile, announced a partnership Wednesday to develop internet-related services as web...
Shanghai: Apple has blamed "external physical damage" for causing a handful of iPhones to explode or catch fire in China and insisted that...
Sydney: German car giant BMW has agreed to pay Aus$77 million (US$57 million) to compensate thousands of Australians who were misled into taking...
Brussels: The EU's top anti-trust regulator on Wednesday slapped fines on banks HSBC, JP Morgan and Credit Agricole for rigging the Euribor interest...
New Delhi: India's central bank left interest rates unchanged at 6.25 percent Wednesday, its first monetary policy decision since the government's shock move...
Camagüey, Cuba: A convoy is carrying Fidel Castro's ashes across a Cuban countryside stuck in the bleak economy he left behind: Farmers plowing...
London: The greatest risks facing European Union banks are high levels of bad loans and lower profitability, the bloc's financial regulator said in...
Washington: US President Barack Obama on Friday moved to block a Chinese company's purchase of German semiconductor equipment maker Aixtron by blocking the...
New York: Howard Schultz (pictured), the charismatic head of Starbucks, will step aside as CEO next year, turning a major page in the...
London: Europe's biggest energy companies have ploughed more than €1bn ($1.1bn) into startups, according to Reuters calculations, with several deals announced in the...
London: High-end London builder Berkeley said demand fell 20 percent in the first half of their financial year due to a property tax...
US employers boosted hiring in November and the unemployment rate dropped to a more than nine-year low of 4.6 percent, making it almost...
The Obama administration has decided not to change government fuel economy requirements that force automakers to significantly increase the efficiency of new cars...
Volkswagen AG, BMW AG and Ford Motor Co. plan to set up a European network for speedy charging of electric-car batteries as the...
Warsaw: The European Union might fill a void in global trade left by the United States if the world's biggest economy turns more...
London: The dollar was on course for its first weekly fall in four weeks against a basket of currencies yesterday after investors trimmed...
Singapore: Singapore's financial regulator said yesterday it has fined two British banks and barred a former Goldman Sachs banker in a widening crackdown...