latest news

VW recalls 1.1 million cars in North America, China over suspension issue

VW recalls 1.1 million cars in North America, China over suspension issue

German automaker Volkswagen AG (VOWG_p.DE) said it is recalling more than 1.1 million cars in North America and China to correct a potential problem with rear suspension parts.

By Paul Lienert in Detroit; Editing by Bernadette Baum

Wall Street climbs at open on solid earnings

Wall Street climbs at open on solid earnings

U.S. stocks were higher at the open on Friday, following a batch of solid earnings reports that eased concerns about the impact of weak global demand on U.S. growth and businesses.

By CHUCK MIKOLAJCZAK

Lockheed says makes breakthrough on fusion energy project

Lockheed says makes breakthrough on fusion energy project

Lockheed Martin Corp said on Wednesday it had made a technological breakthrough in developing a power source based on nuclear fusion, and the first reactors, small enough to fit on the back of a truck, could be ready for use in a decade.

By ANDREA SHALAL

Toyota recalls 1.67 million Toyota, Lexus cars

Toyota recalls 1.67 million Toyota, Lexus cars

Japan's Toyota Motor Corp (7203.T) said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master cylinder that could hinder the brake's performance.

By Maki Shiraki; Writing by Chang-Ran Kim; Editing by Chris Gallagher and Kenneth Maxwell

Facing new oil glut, Saudis avoid past mistakes to halt price slide

Facing new oil glut, Saudis avoid past mistakes to halt price slide

Still haunted by its failed attempt to prevent a steep drop in oil prices by slashing production by almost three quarters in the 1980s, the world's top oil exporter Saudi Arabia is determined not to make the same mistake again.

By RANIA EL GAMAL

Fiat Chrysler crowns merger with Wall Street debut

Fiat Chrysler crowns merger with Wall Street debut

Fiat Chrysler Automobiles (FCA) made its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne.

By AGNIESZKA FLAK AND PAUL LIENERT

Real Time Analytics