Volkswagen says Luca de Meo steps down as CEO of Seat
German carmaker Volkswagen said on Tuesday Luca de Meo has stepped down as chief executive of its Spanish Seat brand....
Alitalia bleeds around 300 million euros a year: administrator
Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new...
Declining imports push U.S. trade deficit to three-year low
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade...
Energy, healthcare stocks drag Wall Street lower
Wall Street’s main indexes fell on Tuesday, dragged down by oil and healthcare stocks as investors nervously awaited further developments on the U.S.-Iran conflict....
Waymo self-driving vehicles cover 20 million miles on public roads
Waymo, the self-driving unit of Alphabet Inc , said its vehicles had covered more than 20 million miles (32.2 million km) on public roads since...
S&P 500, Dow open slightly lower, chips support Nasdaq
The S&P 500 and the Dow opened slightly lower on Tuesday, dragged down by healthcare and energy stocks, while the Nasdaq was supported by positive...
Canada posts Nov. trade deficit of C$1.09 billion, rail strike takes toll
Canada posted a trade deficit of C$1.09 billion ($0.84 billion) in November, thanks in part to a major railway strike that slowed the shipment of...
Japan issues arrest warrant for Ghosn’s wife amid efforts to snare him
Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn’s wife for alleged perjury, as officials stepped up efforts to bring the fugitive car...
Falling imports push U.S. trade deficit to three-year low
The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade...
Risk of pension meltdown grows due to inaction by U.S. Congress
The window is closing on the chance to avert a pension meltdown that will slash the retirement benefits of more than a million U.S. workers....