January 14, 2019

Volkswagen to invest $800 million, build new electric vehicle in U.S

Volkswagen AG said on Monday it was investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, and scheduled a briefing […]
January 14, 2019

Global auto leaders urge Trump administration to end trade turmoil

Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty […]
January 14, 2019

Weak China trade weighs on stocks; risk-off trade in play

World stock indexes fell on Monday after a surprise contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to […]
January 14, 2019

China worries weigh on Wall Street, earnings expectations fall

U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the […]
January 14, 2019

Doing a Buffett? Bet on S&P 500 causes flap on options market

An anonymous trader caused a stir in the U.S. equity options market on Monday with a massive bet that recalled Warren Buffett’s famous wager on global […]
January 14, 2019

VW CEO says hopes U.S. investments help avoid tariffs against EU

Volkswagen’s Chief Executive Herbert Diess said an $800 million investment to build a new electric car in Chattanooga, Tennessee should help ease tensions with United States […]
January 14, 2019

GM electric vehicle strategy last chance for Cadillac’s success: executive

General Motors Co’s strategy to make its luxury Cadillac marque its lead electric vehicle brand is the automaker’s final opportunity to turn the unit around and […]
January 14, 2019

No. 1 U.S. utility PG&E prepares bankruptcy filing after California wildfires

PG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as […]
January 14, 2019

Pernod Ricard to meet activist Elliott ahead of earnings update: sources

Pernod Ricard will meet activist hedge fund Elliott this month as the family-backed spirits firm faces pressure to improve its margins, sources familiar with the situation […]
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