Daimler Chief Executive Dieter Zetsche on Thursday said customer demand remains strong even as a regulatory crackdown on diesel cars and a 13 percent sales slowdown […]

Daimler Chief Financial Officer Bodo Uebber on Thursday said the company is reviewing ways to counter tariffs between China and the United States that have caused […]

Activist investor William Ackman’s Pershing Square Capital Management has acquired a 3.7 percent stake in hotel operator Hilton Worldwide Holdings, the fund said on Thursday. Powered […]

Shares of Cathay Pacific Airways Ltd slid nearly 7 percent to a nine-year low on Thursday after it said data of about 9.4 million passengers of […]

Hyundai Motor posted a 68 percent plunge in quarterly net profit, missing an analyst consensus by a large margin as U.S. recall costs weighed. Powered by […]

China’s state-owned automaker FAW Group said it signed a deal with 16 banks for a credit line worth over 1 trillion yuan ($144 billion), but did […]

Tesla Inc reported a net profit, positive cash flow and wider-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk’s promise to […]

Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline […]

Shares of Cathay Pacific Airways Ltd dropped more than 6 percent on Thursday to a nine-year low after it said data of about 9.4 million passengers […]