Audi’s suspended Chief Executive Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail, the Munich prosecutor’s office said on Thursday.
Saudi Aramco said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC , a move that could boost the state oil giant’s market valuation ahead of a planned initial public offering.
AirAsia Group expanded an order for A330neo passenger jets, adding 34 aircraft to an existing order to bring the total to 100 long-haul wide-body jets worth $30 billion at list prices.
Air France-KLM and its stakeholder and business partner China Eastern Airlines announced plans on Thursday to broaden their joint venture to take in new routes.
Norway’s sovereign wealth fund, the world’s largest, has bought a logistics property in the U.S. state of California with its property partner Prologis, it said on Thursday.
Airbus was set on Thursday to win a much-needed endorsement for the A330neo from its largest buyer as AirAsia prepared a long-distance finale to the Farnborough Airshow.
Hawaiian Airlines said on Thursday it would buy 10 787-9 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, putting pressure on rival Airbus to defend its A330neo jet against the Boeing series.
The European Union is preparing a list of counter-measures to potential U.S. tariffs on European cars, European Trade Commissioner Cecilia Malmstrom said on Thursday, adding she hoped an EU visit to Washington could help ease tensions.
The dollar stayed strong but metal markets buckled badly on Thursday, as signs that China was resorting to credit-fueled stimulus again and trade jitters helped drive its currency to a one-year low.
SoftBank Group Corp Chief Executive Masayoshi Son blasted Japan on Thursday for not allowing ride-sharing services, calling it “stupid” and saying the country was lagging overseas rivals in areas such as artificial intelligence (AI).
Kobe Steel Ltd, Japan’s third-biggest steelmaker, said on Thursday it has been indicted by prosecutors over a data tampering scandal that shook the company and faith in Japanese manufacturing prowess last year.
The United States and the European Union should work together to reform the World Trade Organization and illegal action will not work to solve issues in international trade, EU Trade Commissioner Cecilia Malmstrom said on Thursday
Kobe Steel Ltd said on Thursday it has been indicted by prosecutors over a data tampering scandal that shook the company last year.
Thyssenkrupp should replace Guido Kerkhoff as chief executive with a new external candidate, activist investor Elliott Associates told the company’s supervisory board.
China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were “shocking” and “bogus” accusations.
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