BEIJING (Reuters) - FAW Car Co Ltd said on Sunday it was taking a 10 percent stake in Chinese bicycle-sharing startup Mobike's new car-sharing unit Mobike Chuxing Technology Co.
DUBLIN (Reuters) - Former World Trade Organization director general Peter Sutherland, who was also a long-serving chairman of oil giant BP and the overseas arm of Goldman Sachs , died on Sunday aged 71.
PHILADELPHIA (Reuters) - The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can tighten more or less aggressively if needed, a key U.S. rate-setter said on Saturday.
BERLIN (Reuters) - Volkswagen group sales probably rose to around 10.7 million cars last year and kept the German behemoth ahead of Toyota as the world's largest automaker, Bild am Sonntag reported, citing in-house VW estimates.
(Reuters) - The real estate company of Jared Kushner, President Donald Trump's senior adviser and son-in-law, is being investigated by the U.S. Securities and Exchange Commission for its use of a federal program that grants visas to wealthy foreigners investing in the United States, the Wall Street Journal reported on
LONDON (Reuters) - Struggling British building and services company Carillion , which is involved in Britain's planned high-speed rail link HS2, said on Saturday it will meet creditors on Wednesday as it seeks a financial rescue plan.
(Reuters) - British building and services company Carillion is due to hold emergency meetings with its bankers in the coming days as it speeds up its search for a financial rescue plan, Sky News reported on Saturday.
BERLIN (Reuters) - A senior U.S. sales manager has quit Volkswagen's North America operations, Automotive News reported, just as the carmaker's deliveries in the world's second-largest auto market fall steeply.
NEW YORK (Reuters) - Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year.
NEW YORK (Reuters) - U.S. fund managers are ramping up efforts to tap into the fever surrounding digital assets, and the latest planned bitcoin products could deliver some head-turning and stomach-churning price movements if they come to market.