Ford’s third-quarter China vehicle sales down 30.3% year-on-year to 131,060
Ford Motor Co’s July-to-September vehicle sales in China fell 30%, as the U.S. automaker continues to lose ground in a prolonged sales decline in its...
Hyundai Motor, Kia Motors agree to settle U.S. engine defect lawsuits
South Korea’s Hyundai Motor Co and affiliate Kia Motors Corp on Friday said they have agreed to resolve class action litigation with U.S. owners of...
FAA failed to properly review 737 MAX jet anti-stall system: JATR findings
An international panel of air safety regulators on Friday harshly criticized the U.S. Federal Aviation Administration’s (FAA) review of a safety system on Boeing Co’s...
Oil prices jumps 2% after Iranian oil tanker explosion raises supply concerns
Oil prices jumped by 2% on Friday after Iranian news agencies said a state-owned oil tanker was struck by two missiles in the Red Sea...
Hyundai Motor, Kia Motors settle U.S. lawsuit over engine defects
South Korea’s Hyundai Motor and Kia Motors agreed to resolve class action litigation with U.S. owners of certain vehicles equipped with Theta II gasoline direct...
Asian shares jump on ‘very good’ trade talks, pound edges up
Asian shares jumped on Friday after U.S. President Donald Trump said he would meet with China’s top trade negotiator, stirring hopes for an agreement, while...
FAA failed to properly review 737 Max jet anti-stall system: JATR report
An international panel of air safety regulators on Friday harshly criticized the U.S. Federal Aviation Administration’s (FAA) review of a safety system on Boeing Co’s...
U.S.-China currency deal won’t change dollar-yuan dynamics: experts
A U.S.-China currency agreement being floated as a symbol of progress in this week’s trade talks between the world’s two largest economies would largely repeat...
Asian shares up as ‘very good’ trade talks boost risk appetite
Asian shares rose on Friday after U.S. President Donald Trump said he would meet with China’s top trade negotiator, stirring hopes for an agreement, while...
Oil rises on hopes for deeper OPEC output cuts, U.S.-China trade talks
Oil prices climbed early on Friday, building on gains in the previous session, after producer club OPEC hinted at making deeper cuts in supply while...