After a driver in Tsala car in Beijing crashed in “autopilot” mode and who later complained that the car maker overplayed the function’s capability and misled buyers, the automaker removed

The mortgage-guaranty unit of American International Group Inc would be sold to Arch Capital Group Ltd for about $3.4 billion, the former announced on Monday. The sale of United Guaranty

The confidence of the Canadian telecom companies on the increasing customer appetite for internet service is growing and this has prompted such companies to make a rush to secure cheap

The cleanup of the murky balance sheets of China’s banks may already be proceeding apace even though they have long spurred fears of an impending crisis, believes UBS. “Contrary to

Making inroads into a market Japan Tobacco (JT) relies on for 40 percent of its profit, its e-cigarette has rapidly captured close to 3 percent of Japanese tobacco sales claims

As mainstream automakers are reluctant to go full tilt at the new technology of electric vehicles, this sector is drawing more talent from mainstream companies. Better pay and pioneering opportunities

A call on the Yum Brands Inc unit to stop the routine use of antibiotics by the companies that supply its poultry was delivered by consumer groups through a petition

Uber’s main rival in one of Asia’s fastest growing ride hailing market – India, Ola has been left more vulnerable to attack in its $12 billion home market following Didi

As Middle Eastern output is climbing to records amid OPEC’s battle to defend market share, production increases from Norway and the neighboring U.K. are adding to a global supply glut.

In a news report Reuters quotes various sources that say that Nissan is looking to sell off its controlling stake in a car battery manufacturing venture. The report also quotes

Apple is the latest company to join dozens of firms that already offer payments for help uncovering flaws in their products. The U.S. based maker of iPhones and operating system

Uber’s decision to agree a halt to a costly two-year battle with its rival in China was significantly influenced and accelerated by Apple Inc’s $1 billion investment in car-hailing app

The rising trend of using high-tech devices that combine biology, software and hardware to tackle chronic diseases, the line between pharmaceuticals and technology is blurring as varying companies join forces.

With a sale that could potentially fetch at least $400 million, McDonald’s Corp. is planning a sale of 20-year franchise rights in Malaysia and Singapore if reports and sources with

With the aim to expand its digital advertising and media business, ending a lengthy sale process for the fading Web pioneer, Verizon Communications Inc said on Monday it would buy

JPMorgan Chase & Co is streamlining its business and the bank would stop settling U.S. government securities transactions for most dealers by the end of next year. This was announced

In a call-back that would cost General Motors Co $550 million, the U.S. automaker would be forced to recall another 4.3 million vehicles for potentially defective Takata air bag inflators

Another “crazy idea”: talking cars that can read a driver’s emotions, is the new engagement of SoftBank Corp founder Masayoshi Son. This new potential venture flows very fast on the

After agreeing to unload beer assets and preserve competition from independent craft brewers, Anheuser-Busch InBev and SABMiller received approval for their $107 billion merger from U.S. antitrust regulators. The Department

The shares of Microsoft’s up more than 4 percent in after-hours trading, the company’s quarterly revenue was lifted above Wall Street’s expectations buoyed by sharp growth in its commercial cloud

For allegedly taking part in a 14-year cartel, a record 2.9 billion euros ($3.2 bln) were fined by EU antitrust regulators on Daimler, Paccar and two other truckmakers. The companies

While trying to overcome hurdles to deals worth some $50 billion with Airbus and Boeing, Iranian officials and Western industry sources were quoted in the media saying that Iran has

According to new figures that show a sustained increase in the value of advertising aimed at wooing potential gamblers, betting firms have spent nearly half a billion pounds on TV

More low and alcohol-free brews to drinkers trying to live a healthier lifestyle is planned to be served by Anheuser-Busch InBev which will soon make almost 30 percent of the

The European planemaker Airbus’s group chief executive said that the A380 program would not massively be driven into the red by Airbus’s decision to cut production of the world’s biggest