Driven by global political uncertainty and key developments within the cryptocurrency world, Bitcoin broke through the $1,900 mark for the first time on Friday.   According to Coindesk's bitcoin price index, the digital currency had moved as high as $1934.24 and was trading at around...

In what is being touted as General Motors Co’s latest steps in a strategy of focusing cash and engineering effort on fewer, more profitable markets, the car maker plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa.   In order to...

Deloitte Real Estate reports that the percentage of vacant office space in central London has risen sharply over the past year. According to experts, this was facilitated, on the one hand, by the large volume of construction of new office buildings in the last year and a half, and on the other hand...

As Apple Inc looks to tap the strong debt markets in Europe, even as it maintains a cash pile of over $250 billion, it issued a dual-tranche euro-denominated bond on Wednesday.   Reuters publication International Financing Review (IFR) said that order books for the bonds have surpassed 5...

Quality watchdogs find fault with VW’s “Golf and Sagitar cars”. The Chinese joint venture of Volkswagen AG, FAW-Volkswagen Automobile Co Ltd, is going to make a recall of “577,590 Golf and Sagitar cars” as a result of defect in “a headlight fuse” which may cause “safety risks” related issues,...

As Thermo Fisher Scientific Inc looks to become a one-stop shop for contract drug development and manufacturing, the company has said that it would buy Dutch drug ingredients maker Patheon NV.   A premium of about 35 percent to Patheon's Friday close is represented by the offer price of $35...

Only bad reports have come from the US car market in recent months, which almost certainly indicates problems in the American economy. As early as the beginning of the year, some experts warned that the car boom era in the US is close to completion, and in May the news became alarming. Huge stocks...

Profitability indicators of American concerns are higher than those of their competitors from Europe. These are the results of a study of audit and consulting company EY. The total revenue of 300 public European companies for the past year amounted to 6.7 trillion euros, and operating profit - 576...

A spokesperson of Renault informed that the company was prepared to resume normally in most of its sites by Monday the 15th of May 2017. Renault, the French auto maker, is expecting to resume its normal state of production by Monday, the 14th of May 2017, including even its factories that came in...