GM, Ford quarterly China sales slide again amid economy woes
BEIJING (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) announced their quarterly sales in China fell, albeit at a slower pace sequentially, as the U.S. automakers were…
Warning light flashing for Slovakia’s auto industry
BRATISLAVA/PRAGUE (Reuters) – When David landed an assembly line job at Volkswagen’s (VOWG_p.DE) Bratislava factory, his colleagues congratulated him on securing a well-paid position he could ride to retirement. Employees…
Take Five: World markets themes – Losing interest
(Reuters) – 1/I’M GOIN’ DOWN… The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 4, 2019. REUTERS/Staff How low can you go?…
Exclusive: U.S. clears SoftBank’s $2.25 billion investment in GM-backed Cruise
(Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the…
India’s PNB says detects 38 billion rupee fraud
People walk past Punjab National Bank’s Brady House branch in Mumbai, India June 14, 2018. REUTERS/Francis Mascarenhas MUMBAI (Reuters) – India’s state-run Punjab National Bank (PNB) on Saturday said it…
U.S. asks federal court to throw out Huawei lawsuit
The Huawei logo is pictured on the company’s stand during the ‘Electronics Show – International Trade Fair for Consumer Electronics’ at Ptak Warsaw Expo in Nadarzyn, Poland, May 10, 2019.…
China says African swine fever cases slowing; pig output returning
BEIJING (Reuters) – The number of fresh outbreaks of African swine fever in China has dropped this year and pig production is slowly returning to normal, its vice agriculture minister…
White House’s Navarro says China trade deal will take time: CNBC
WASHINGTON (Reuters) – White House trade adviser Peter Navarro said on Tuesday U.S. trade talks with China are heading in the right direction and any concessions to Beijing on Huawei…
U.S. June sales a mixed bag for automakers; SUVs, trucks still strong
(Reuters) – Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car…
Weak economic data, tariff concerns weigh on stocks globally
NEW YORK (Reuters) – Modest gains in U.S. stocks helped global equity indices edge higher on Tuesday as investors weighed a U.S.-China trade truce against Washington’s threat to impose additional…