Toyota posts record Q1 net profit, maintains full-year forecastJapanese car giant Toyota on Friday posted a record first-quarter net profit but warned that threatened US sanctions on the auto sector could have a "very big" impact on earnings. The firm added that...
World sugar prices to end 2018 sharply lower as global glut weighsWorld sugar prices are poised to recover some ground in the coming months but will still post sharp losses this year, as a larger than expected supply surplus weighs on the market, a Reuters survey of...
Trump proposes car-mileage rollback; states sue in protestCiting safety, the Trump administration on Thursday proposed rolling back car-mileage standards, backing away from years of government efforts to cut Americans' trips to the gas station and reduce unh...
GM seeks to exclude China-made Buick SUV from tariffGeneral Motors Co is seeking an exemption to a 25 percent US tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday, in a move to prevent the key model in the brand's...
Trade war heats up as China takes aim at 60bn in US goodsChina warned Friday it was prepared to impose new tariffs on $60 billion worth of American goods after Washington upped the ante in the escalating trade war between the world's two biggest economies....
Huawei sees smartphone shipments topping 200 million, eyes world No. 1 rankChina's Huawei raised its forecast for full-year smartphone shipments to more than 200 million and said it could become the world's top vendor of the devices in the final quarter of next year. Huawei,...
Dockless bike-sharing start-up set to brave Sao Paulo streetsDockless bike-sharing, a form of transportation where rented bikes can be left anywhere on the street, is coming to Brazil's traffic-clogged financial capital Sao Paulo. A start-up called Yellow, owne...