It is not yet clear whether Mitsubishi Motors Corp would get support from its sister concern – Mitsubishi Heavy Industries Ltd on the issue of fuel economy scandal. On Monday,

As U.S. auto safety authorities said they were seeking information on the matter, Mitsubishi Motors Corp seems to be into further trouble due to its fuel economy scandal. There were

Driven by stronger results in North America and improved performance in Europe, the net income for the first quarter of 2016 or General Motors Co more than doubled to $2

According to a court filing, as Volkswagen braces for a crucial court hearing on Thursday, the car maker is resisting a demand from U.S. plaintiffs to go to trial rather

The shares of Mitsubishi Motors Corp were down more than 15 percent and more than $1.2 billion were whipped off its market value on Wednesday after the auto maker admitted

Google is giving unfair prominence to its own apps like search and maps in supplementary software licensing deals it strikes with mobile phone makers running its Android operating system. This

As market volatility hit Goldman Sachs Group Inc’s bond trading and investment banking businesses, the Wall Street bank’s quarterly profit fell by more than half and revenue slumped to its

A very recent report by anti-poverty charity Oxfam claims that despite receiving trillions of dollars in taxpayer support, US corporate giants such as Apple, Walmart and General Electric have stashed

Amid mounting concern about the consequences for the merged entity if Britain votes to leave the European Union, opposition is growing in Germany to Deutsche Borse’s planned $20 billion merger

Analysts at Wall Street are of the view that since the financial crisis in 2007-2008, it has been the worst start to the year for US banks and predict poor

The stockholders of Starwood Hotels & Resorts Worldwide Inc and Marriott International Inc voted to approve Marriott’s acquisition of Starwood to create the world’s largest hotel company, the two companies

As a measure to sweeten its offer for a first-round bid for Yahoo Inc.’s Web business next week, Verizon Communications Inc. is willing to acquire the company’s Yahoo Japan Corp.

The determination by the Federal regulators who had taken the decision to designate insurer MetLife Inc as “too big to fail” was opined to be “arbitrary and capricious” by the

Facebook Live, the live video product of the company is being expanded. The company said in a statement that the feature would get a prominent place on the app as

More than 1,300 workers at the Sterling Heights, Michigan plant that makes the slow-selling midsize Chrysler 200 sedan is being laid off for an indefinite period by Fiat Chrysler Automobiles.

Following possibility of derailment of the deal after the US Treasury announced new rules for preventing “inversion” of US companies, the proposed $160 billion merger deal between U.S. drugmaker Pfizer

With the pending $160 billion merger of Pfizer Inc and Allergan Plc seen as a potential casualty, the U.S. Treasury Department took new steps on Monday to curb tax-avoiding corporate

With the aim of becoming the top carrier on the U.S. West Coast and compete more effectively with larger airlines, Alaska Air Group Inc said that it would buy Virgin

As the world’s biggest maker of cameras seeks new growth, Canon Inc. has agreed to buy Toshiba Corp.’s medical equipment unit for 665.5 billion yen ($5.9 billion). Tokyo-based Canon said

A new car insurance research finds that the revenues of the industry could be seriously impacted due to the fact that self-driving cars and automatic safety features would significantly to

Stringent new rules, introduced overnight, that could see over half the industry shut down by August sent managers running to comply with the laws even as China’s hedge fund industry

Vijay Mallya, who owes creditor banks more than $1 billion, could be most likely asked by Heineken is to step down from the board of United Breweries, reported Reuters quoting

As details emerged in the Philippines that $30 million of the money was delivered in cash to a casino junket operator in Manila, Bangladesh’s central bank governor resigned on Tuesday

The shares of Valeant Pharmaceuticals International Inc plunged after the company said a delay in filing its annual report could mean a debt default as the company announced a cut

Following positive results in the first Phase 3 study of its investigational medicine Epidiolex, shares in GW Pharmaceuticals skyrocketed more than 120 percent Monday. In a keenly anticipated clinical trial,

As Apple fights the US government over encryption, Silicon Valley’s leading companies – including Facebook, Google and Snapchat, are working on their own increased privacy technology, reports Reuters. Just as

A $1.4 billion deal has been etched between The Fresh Market (TFM) and Apollo Global Management (APO) where the later would acquire the former, the companies announced on Monday. Shares

In what is being termed as a move to derail a pending deal between Starwood Hotel & resorts Worldwide Inc. and Marriot International Inc., a group led by China’s Anbang

In recent years Goldman’s status slipped in electronic trading because its technology did not keep up with client demands for ever-faster trades despite the bank being one of the top

France’s top public auditor has said that it would be potentially risky for French firm EDF to continue with the nuclear power project in Hinkley in Britain. EDF is a

Asia is poised to shake up the financial services industry as investors poured a record $4.5 billion into the financial start-ups in Asia last year. Data shows that this is

In what could be the largest ever and the most audacious bank raids in history, the central bank of Bangladesh was duped $101 million in a cyber heist. This has