If the region's gas supply issues continue, the German automaker Volkswagen may stop producing in Germany and Eastern Europe. According to Bloomberg, who quoted the purchasing director at VW, in the event that the gas scarcity lasts considerably longer than the present winter, the production stops...

U.S. aviation company Boeing and the SEC reached an agreement to resolve the SEC's complaints over the firm's and its previous CEO's public statements regarding safety of the Boeing 737 MAX. U.S. aircraft manufacturer Boeing will pay $200 million, and Dennis Muilenburg, its former CEO, will pay $1...

A platform for patent licenses from 51 tech companies has over a dozen automakers, including Toyota and Nissan, signed up with the goal of streamlining access to wireless technology and avoiding pricey legal disputes.   Different opinions among automakers, suppliers, and tech companies about...

The "inflexible and inconsistently implemented" COVID policy, according to a leading European industry group, is a major reason why businesses are losing faith in China and its appeal as a place to invest.   The warnings were released by the European Chamber of Commerce in a paper that also...

Top agricultural and food companies risk losing up to a quarter of their value by 2030 if they don't adjust to new regulations and consumer trends brought on by climate change, according to a recent report from campaigners connected to the United Nations.   Research that will be presented on...

In line with investors' mixed reactions to the automaker's plans to list sports car maker Porsche AG in what could be Europe's third largest initial public offering, Volkswagen shares traded at or near breakeven on Monday.   Volkswagen stated on Sunday that it aimed to value Porsche AG at...

Luxury property is defying the downward trend in Shenzhen, a city in southern China where the real estate market has slowed, according to a report published on Monday by the official Securities Times. This is because wealthy buyers are looking for a haven in an unstable market.   604 units...

The long-term issuer default ratings (IDR) of four of the largest U.S. banks, including Bank of America Corp. (BofA) at "AA-", Citigroup Inc. at "A," JP Morgan Chase & Co. at "AA-," and Goldman Sachs at "A," have been confirmed by international rating agency Fitch Ratings. The banks' rating...

On Sunday, Ben & Jerry's founders claimed on MSNBC that parent company Unilever PLC had broken the terms of the 2000 merger agreement by selling the Ben & Jerry's business in Israel to a local licensee who could then sell their products in the West Bank.   "That agreement gave...