WUHAN, China (Reuters) - Renault still sees plenty of growth in Chinese vehicle demand, the French carmaker said as it prepared to cut the ribbon on its first assembly plant in the world's biggest auto market, where growth has slowed over the past year.
(Reuters) - Two government probes into the conduct of longtime antagonists Pershing Square Holdings and Herbalife have failed to find sufficient evidence of criminal wrongdoing by either party, the Wall Street Journal said, citing people familiar with the matter.
(Reuters) - JPMorgan Chase is partnering with start-up Digital Asset Holdings to launch a trial project using blockchain technology that could reduce the cost and complexity of trading, the Financial Times reported on Sunday.
FRANKFURT (Reuters) - Volkswagen's sportscar maker Porsche aims to offer hybrid versions of all its models in the foreseeable future, Porsche Chief Executive Oliver Blume told a German newspaper.
BRASILIA (Reuters) - Petroleo Brasileiro SA will cut its 2016-2020 investment plan by 5 percent to $93 billion as the state-run oil company contends with dwindling oil prices and a massive corruption investigation, the O Globo newspaper reported on Sunday.
WASHINGTON (Reuters) - Barclays and Credit Suisse are poised to settle federal and state charges that they misled investors in their dark pools, with Barclays admitting it broke the law and agreeing to pay $70 million, according to a person familiar with the matter.
LONDON (Reuters) - Britain's fourth-largest supermarket operator Morrisons on Sunday said it was cutting the price of more than 1,000 products, with an average drop of 19 percent across fruit and vegetable lines.
LONDON (Reuters) - Europe's largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters.
FRANKFURT (Reuters) - Volkswagen is not under pressure to sell its trucks business to raise cash as it faces billions of euros in costs after admitting to rigging emissions tests, management board member Andreas Renschler told a German newspaper.
MUMBAI (Reuters) - India's embattled Sahara conglomerate has been funneling cash from small savers to fund one of its biggest projects, a luxury resort south of Mumbai, according to documents Reuters reviewed.