May 27, 2020

Greensill drops libel suit against Reuters over bond story

Greensill Capital said it has dropped a libel suit against Reuters over a story which said that the financing group had provided a false statement to […]
May 27, 2020

Turkish Airlines may delay delivery of Airbus, Boeing planes: report

Turkish Airlines , which halted nearly all of its passenger flights as a result of the coronavirus crisis, may delay the delivery of some Boeing and […]
May 27, 2020

Ford sets May 28 as provisional date for gradual restart of Mexican plant

U.S. automaker Ford has set May 28 as a provisional date for the gradual restart of its plant in Hermosillo, Mexico, according to a letter to […]
May 27, 2020

Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector – sources

Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker accelerates […]
May 27, 2020

Tesla to cut car prices in North America, China

Tesla Inc said on Wednesday it will cut prices of its electric vehicles in North America as the firm ramps up car production at its Fremont, […]
May 27, 2020

Mexico’s auto industry restart gathers steam as lockdown eases

Mexico’s auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even as the wait […]
May 27, 2020

Dollar gains, yuan slumps on rising Hong Kong tensions

The dollar edged higher on Wednesday as worries about the U.S. response to China’s proposed security law for Hong Kong supported safe-haven demand for the greenback. […]
May 27, 2020

China’s GAC keeps target of 3% sales growth despite coronavirus pressure

Chinese automaker GAC , which has partnered with Toyota , Honda and FCA , will stick to an annual target of 3% in sales growth this […]
May 27, 2020

Asian shares slip as new Hong Kong tensions rise

Asian shares slipped on Wednesday as investor concerns about rising tensions between the United States and China tempered optimism about a re-opening of the world economy. […]
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