Hyundai Motor Co plans to start producing electric vehicles (EVs) in Indonesia as part of an around $880 million auto investment in the country, Industry Deputy Minister Harjanto said on Thursday.
Oil prices fell more than 4 percent on Thursday, hitting their lowest in more than a year on worries about oversupply and the outlook for energy demand as a U.S. interest rate rise knocked stock markets.
Brazilian planemaker Embraer SA is planning to distribute $1.6 billion to $1.7 billion in extraordinary dividends to shareholders, using proceeds from its recent deal with Boeing Co , the Valor Econômico newspaper reported on Thursday.
Tokyo prosecutors have appealed a court decision that prevents further detention of Carlos Ghosn, a surprise ruling which could free the ousted chairman of Nissan Motor Co Ltd for the first time since his arrest for alleged financial misconduct.
A user of Amazon’s Alexa voice assistant in Germany got access to more than a thousand recordings from another user because of “a human error” by the company.
Airbus is talking to airlines about a longer-range version of its best-selling narrowbody jet family with a view to launching it by mid-2019 as it tries to head off a potential Boeing competitor, people familiar with the matter said.
Sweden’s AB Volvo has triggered its hard Brexit contingency plans, with the truckmaker building “safety stock” with its British dealers and considering alternative shipping routes to minimize disruption.
World equity markets slumped on Thursday after the U.S. Federal Reserve dashed investor hopes of a more dovish policy outlook even as signs grow that global economic growth is stuttering.
Belgian prosecutors have dropped their case against former directors of Fortis, 10 years after the Belgian-Dutch bank’s collapse during the global financial crisis.
Oil prices fell about 3 percent on Thursday, heading back towards their lowest levels for more than a year on worries about oversupply and the outlook for energy demand as stock markets tumbled following a U.S. interest rate rise.
In an unexpected move on Thursday, a Tokyo court decided not to extend the detention of ousted Nissan Motor Co chairman Carlos Ghosn, meaning he may soon be released from jail where he has been since his arrest for alleged financial misconduct.
China and the United Sates will hold more talks on trade in January, China said on Thursday, following detailed discussions about the issues to be tacked in the negotiations.
The U.S. Treasury said it will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminum giant Rusal and its parent En+, watering down the toughest penalties imposed since Moscow’s 2014 annexation of Crimea.
Oil prices fell on Thursday to erase most of their gains from the day before, resuming declines seen earlier in the week amid worries about oversupply and the outlook for the global economy.
Asian shares slid on Thursday after the U.S. Federal Reserve raised rates, as expected, and kept most of its guidance for additional hikes over the next two years, dashing investor hopes for a more dovish policy outlook.
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