Volkswagen discussing Turkish car tax as it seeks deal on plant: sources
ANKARA/ISTANBUL (Reuters) – German carmaker Volkswagen (VOWG_p.DE) is holding talks with officials in Ankara over Turkey’s vehicle tax regime as…
Volkswagen to invest $577 million in Brazil auto plant
FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance of a showroom in Nice, France, April 8,…
BNP Paribas plans bid for Deutsche Bank’s equity derivatives
NEW YORK (Reuters) – French lender BNP Paribas (BNPP.PA) plans to bid for Deutsche Bank’s (DBKGn.DE) equity derivatives book and…
Shares rally, bond yields rise as China fuels trade deal hopes
NEW YORK (Reuters) – U.S. and European shares advanced on Thursday as China struck a hopeful tone on trade relations…
Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post
FILE PHOTO: A Tesla car is seen in Santa Monica, California, United States, October 23, 2018. REUTERS/Lucy Nicholson/File Photo FRANKFURT…
Trump regrets not raising tariffs on China higher, White House says
BIARRITZ, France (Reuters) – President Donald Trump wishes he had raised tariffs on Chinese goods even higher last week, the…
GSK builds oncology pipeline as drug shown to help myeloma patients
(Reuters) – GlaxoSmithKline said an experimental multiple myeloma treatment has shown a meaningful response in patients that have run out…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping…
Companies file suit in Canada challenging new rules to lower drug prices
(Reuters) – Five pharmaceutical companies said on Friday they have filed a complaint in a Canadian court challenging the constitutionality…
Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping…
Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni…
Last orders: Rise of closing auctions stirs worries in European stock markets
LONDON (Reuters) – The final five minutes of trading have become the busiest time of day for stock market traders…
Ferrari will expand its lineup of road cars, but not too much
FILE PHOTO: FCA Chairman John Elkann is seen before an event at the Bocconi University in Milan, Italy May 27,…
Genetic study implicates humans in demise of prehistoric cave bear
WASHINGTON (Reuters) – Genetic research that reconstructed the past population dynamics of the cave bear, a prominent prehistoric denizen of…
Rental firm walks away from Tesla order after quality dispute
FRANKFURT (Reuters) – Car rental company Nextmove has walked away from a 5 million euros ($5.55 million) order for 85…
U.S. judge urges VW, SEC to resolve civil Dieselgate suit
WASHINGTON (Reuters) – A federal judge in California on Friday urged the U.S. Securities and Exchange Commission and Volkswagen AG…
Dollar firms, global stocks soar on ECB rate cut expectations
NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest…
Take Five: Fed in a hole
(Reuters) – FILE PHOTO: Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah…
Wall Street ends sharply higher on German stimulus optimism
NEW YORK (Reuters) – U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic…
Roche cancer treatment priced at $17,050 a month, lower than rival Vitrakvi
FILE PHOTO: The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland February 1, 2018. REUTERS/Arnd…
Roche cancer treatment priced at $17,050 a month, lower than rival Vitrakvi
FILE PHOTO: The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland February 1, 2018. REUTERS/Arnd…
Ryanair Spanish cabin crew unions threaten 10 days of strikes
DUBLIN (Reuters) – Unions representing Ryanair (RYA.I) cabin crew in Spain on Wednesday announced plans to hold 10 days of…
Stocks, oil tank on growing signs of global slowdown
NEW YORK (Reuters) – Equity markets tanked and oil prices fell sharply on Wednesday after a closely watched bond indicator…
Ford extends warranty on 560,000 Focus, Fiesta models
FILE PHOTO: The logo of Ford is seen on a 2020 Ford Explorer car at Ford’s Chicago Assembly Plant in…
Oil slumps more than 4% on weak global economic data, U.S. crude build
NEW YORK (Reuters) – Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak…
FCC chairman circulates order to approve Sprint, T-Mobile tie-up
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
Bayer mediator dismisses report of $8 billion Roundup settlement
NEW YORK/FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United…
No-deal Brexit could deepen Europe’s shortage of medicines – experts
BRUSSELS (Reuters) – As the Oct. 31 deadline for Britain to leave the European Union approaches, health professionals are warning…
AMS plans rival takeover bid for Germany’s Osram
FILE PHOTO: CEO of lamp manufacturer Osram Olaf Berlien poses during the opening of the company ‘World of light’ showroom…
Adidas celebrates 70 years with star-studded building opening
Former tennis player Stan Smith looks at his shoe as he attends the celebrations for German sports apparel maker Adidas’…
Ryanair Irish pilots back industrial action as unrest spreads
DUBLIN (Reuters) – Ryanair’s (RYA.I) directly employed pilots in Ireland on Friday voted in favor of industrial action unless pay…
Gold gains as trade concerns weigh on global markets
NEW YORK (Reuters) – Signs of further escalation of the U.S.-China trade war and weak UK economic data weighed on…
Bayer mediator dismisses report of $8 billion Roundup settlement
NEW YORK/FRANKFURT (Reuters) – Bayer AG has not offered to pay billions of dollars to settle claims in the United…
Bayer in frame to win first EU nod for high-precision cancer drug
(Reuters) – Europe’s drug regulator has recommended approving Bayer’s Vitrakvi, putting the medicine on track to become the first in…
In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million
(Reuters) – A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who…
Exclusive: Deutsche Bank’s problem derivatives cloud recovery – sources
NEW YORK (Reuters) – Deutsche Bank AG’s (DBKGn.DE) turnaround strategy rests in large part on shedding 288 billion euros of…
U.S. farmers look past trade fears to cash in on China’s hog crisis
WALCOTT, Iowa/LONDON (Reuters) – It might seem an unlikely time for U.S. farmers to look to China for more business…
BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone
NEW YORK (Reuters) – BlackRock (BLK.N) Chief Executive Larry Fink said on Friday the European Central Bank will need to…
Airbus mimics nature with ‘Bird of Prey’ concept plane
An Airbus concept aircraft with a wing design inspired by nature, dubbed Bird of Prey, is displayed at the Royal…
Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth
FRANKFURT/MUNICH (Reuters) – Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany’s biggest tech funding round…
BMW promotes Oliver Zipse to CEO
FILE PHOTO: Oliver Zipse, board member of German luxury carmaker BMW attends the company’s annual news conference in Munich, Germany,…
BMW picks Oliver Zipse as new CEO
FRANKFURT (Reuters) – BMW (BMWG.DE) said Oliver Zipse will become chief executive on Aug. 16, picking the 55-year-old manufacturing expert…
U.S. Justice Department may sue to block Sprint, T-Mobile merger: source
WASHINGTON (Reuters) – The U.S. Justice Department has told T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) to wrap up…
Amazon rivals ride on Prime Day marketing as protests unfold
NEW YORK (Reuters) – Amazon.com Inc’s Prime Day is now a major marketing opportunity and shopping event in the annual…
U.S. judge slashes Roundup jury award to $25.3 million from $80.3 million
FILE PHOTO: A logo of Bayer AG is pictured at the so called ‘Chempark’, the main plant and headquarters of…
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
, NEW YORK (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said they will spend billions of dollars…
Trump administration freezing fuel efficiency penalties
WASHINGTON (Reuters) – The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama…
Volkswagen to contribute $2.6 billion to Ford’s autonomous venture: source
HAMBURG (Reuters) – Carmaker Volkswagen (VOWG_p.DE) will inject $1 billion in capital and $1.6 billion worth of assets into Ford’s…
T-Mobile, Sprint expected to extend deal date: sources
FILE PHOTO: A smartphone with Sprint logo are seen in front of a screen projection of T-mobile logo, in this…
Deutsche Bank to layoff 126 New York staff as part of restructuring
Signage is seen on the lobby of the U.S. headquarters of Deutsche Bank in New York City, U.S., July 8,…
A Ford-Volkswagen alliance with Argo could redraw self-driving sector
DETROIT (Reuters) – An expanded alliance between Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) that includes a partnership in…
Juror urges U.S. judge to uphold $80 million Roundup verdict against Bayer
(Reuters) – A juror who was part of a panel that delivered an $80 million award against Bayer AG after…
Potential IPO candidate BioNTech secures $325 million in financing round
FRANKFURT (Reuters) – German biotech firm BioNTech has secured $325 million in a private financing round to boost its cancer…
UK competition regulator puts brake on Amazon’s Deliveroo deal
(Reuters) – Britain’s competition regulator has stepped in to pause Amazon’s (AMZN.O) deal with online food delivery group Deliveroo while…
Boxing with giants: Italy’s packing robots are not just cardboard cutouts
(This June 28 story corrects Romaco’s nationality to German, not Italian, in paragraph 17) By Silvia Aloisi CITTÀ DI CASTELLO,…
Tempered expectations of Fed rate cut sink stocks globally
NEW YORK (Reuters) – A strong U.S. jobs report that tempered expectations of an aggressive interest rate cut by the…
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…
DoJ pushes T-Mobile to give more to Dish: CNBC
FILE PHOTO: The logo of T-Mobile Austria is seen outside of one of its shops in Viennaa, Austria, February 25,…