April 16, 2019

Foxconn chairman to withdraw from daily operations, considers presidential run

Foxconn’s Chairman Terry Gou said on Tuesday he is considering contesting Taiwan’s 2020 presidential election and the company said he would withdraw from the daily operations […]
April 16, 2019

Ford’s China JV Changan eyes sales rebound at end-2019: president

China’s China Changan Automobile Group expects sales at its joint venture with Ford Motor Co to rebound at the end of this year as the U.S. […]
April 16, 2019

Rolls-Royce sees double-digit sales growth in China this year: CEO

Luxury carmaker Rolls-Royce expects to achieve double-digit sales growth in China this year, although it will be lower than the 40 percent rate it saw in […]
April 16, 2019

Jet Airways management proposes to halt all operations: ET Now

The management of India’s Jet Airways has proposed to suspend all operations of the debt-laden airline at its board meeting, ET Now reported on Tuesday quoting […]
April 16, 2019

Lufthansa reports loss as high fuel cost, overcapacity weigh

Germany’s biggest airline Lufthansa posted a loss for first three months of the year, hurt by rising fuel cost and overcapacity in Europe. Powered by WPeMatico
April 16, 2019

Chevron says Dutch Supreme Court rejects Ecuador’s $9.5 billion claim

The Supreme Court of the Netherlands dismissed Ecuador’s attempts to annul decisions of an international arbitral tribunal that ordered Ecuador to prevent enforcement of a $9.5 […]
April 16, 2019

Harley-Davidson workers ratify new labor contract in Wisconsin

Harley-Davidson Inc’s unionized workers in Milwaukee and Tomahawk, Wisconsin, on Monday ratified a new five-year labor agreement for a 14 percent wage increase over the life […]
April 16, 2019

The uphill road: battery limitations to test China’s electric vehicle ambitions

It took one 330 kilometer trip from Chongqing to Chengdu in his Nio ES8, a seven-seater all-electric SUV, for its owner Wang Haichun to be consumed […]
April 16, 2019

Asia stocks hover below nine-month high after Wall Street stalls

Asian stocks hovered below a nine-month high on Tuesday after disappointing bank earnings dented Wall Street, though recent signs that the global economy is likely to […]
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