Volkswagen to contribute $2.6 billion to Ford’s autonomous venture: source
Carmaker Volkswagen will inject $1 billion in capital and $1.6 billion worth of assets into Ford’s self-driving unit, a source close to the matter said...
Daimler warns on profit again, blames diesel and recall costs
Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a...
U.S. equity funds add $1.7 billion ahead of Fed chair testimony: BAML
Investors pumped money into bonds and equities in the week to Wednesday with U.S. stock funds adding $1.7 billion, Bank of America Merrill Lynch said...
Oil prices climb on tropical storm and geopolitical tensions
Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico...
Shares flat as investors parse economic data, dollar dips for third day
World shares came within a whisker of posting their first weekly loss since May on Friday and the dollar was down for a third day...
Volkswagen to inject $2.6 billion into Ford unit Argo AI: source
Carmaker Volkswagen will inject $2.6 billion into Ford’s self-driving unit Argo AI at an overall valuation of $7 billion in the deal, a source close...
Oil lingers near six-week highs amid Gulf of Mexico storm, Middle East tensions
Oil prices hovered near six-week highs on Friday and was on track for a weekly gain as U.S. oil producers in the Gulf of Mexico...
China considers limited support for petrol-electric hybrids in boon for Toyota, Honda
China is considering re-classifying petrol-electric hybrid vehicles so they get more favorable treatment than all-petrol or diesel counterparts under clean car rules, making it easier...
Oil hovers near six-week highs amid Gulf of Mexico storm, Middle East tensions
Oil prices hovered near six-week highs on Friday as U.S. oil producers in the Gulf of Mexico cut more than half their output in the...
Asian shares veer between gains and losses before key China data
Asian shares shuttled between small losses and gains on Friday as investors awaited China trade, lending and growth data, and as worries over Sino-U.S. trade...