latest news

Two more lawsuits filed against Honda, Takata for air bag defect

Two more lawsuits filed against Honda, Takata for air bag defect

The recall crisis involving Takata-made air bags exploding with too much force and spraying occupants with metal shrapnel continues to grow, with two more lawsuits filed concerning accidents in older Honda cars.

By BEN KLAYMAN

BMW finance chief sees further growth in 2015: paper

BMW finance chief sees further growth in 2015: paper

BMW expects sales to rise further next year as new models boost demand, the German carmaker's finance chief told a newspaper on Saturday, without giving a detailed forecast.

By Harro ten Wolde; Editing by Mark Potter

Exclusive: Indonesia's new president plans steep fuel price rises next month

Exclusive: Indonesia's new president plans steep fuel price rises next month

Indonesia's President-elect Joko Widodo plans to raise subsidised gasoline and diesel prices by around 50 percent next month in a bid to bring down the budget deficit in Southeast Asia's largest economy, an adviser told Reuters on Friday.

By KANUPRIYA KAPOOR AND MICHAEL TAYLOR

Global growth concerns drag Wall Street lower, selloff continues

Global growth concerns drag Wall Street lower, selloff continues

U.S. stocks tumbled on Thursday, after the S&P 500 closed at its lowest in six months, on continued concerns about weak global demand and its potential impact on the U.S. economy and businesses.

By CHUCK MIKOLAJCZAK

Worrying for Saudi, U.S. oil output cuts could take a while

Worrying for Saudi, U.S. oil output cuts could take a while

Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.

By EDWARD MCALLISTER

Fiat Chrysler's Wall Street debut draws muted response

Fiat Chrysler's Wall Street debut draws muted response

Investors cautiously greeted the Wall Street debut on Monday of Fiat Chrysler Automobiles (FCA), a move that shifts the carmaker's center of gravity away from Italy and caps a decade of canny dealmaking and tough restructuring by Chief Executive Sergio Marchionne.

By AGNIESZKA FLAK AND JEFFREY DASTIN

Real Time Analytics