TDR Capital to buy car auctioneer BCA Marketplace for $2.4 billion
British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billion)....
Large carmakers including Volkswagen, FCA could face 2021 EU emissions fines: study
Volkswagen and FiatChrysler could face penalties of up to 1.83 billion euros ($2.08 billion) and 746 million euros respectively, if they fail to meet the...
Masters of what universe? Central bankers in a bind as G20 bickers over trade
For decades the United States led the push for lower tariffs worldwide, but President Donald Trump is testing the solidarity of his G20 peers with...
Oil prices jump as U.S. crude stocks fall, Middle East worries add support
Oil prices rose more than 1% on Wednesday to their highest in nearly a month as industry data showed U.S. crude stockpiles fell more than...
Asia stocks retreat after Fed tempers aggressive rate cut expectations
Asian stocks retreated on Wednesday and the dollar inched up from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary...
Apple buys self-driving car startup Drive.ai
Apple Inc on Tuesday confirmed that it has acquired self-driving shuttle firm Drive.ai....
U.S. aims to restart China trade talks, will not accept conditions on tariff use
The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday, but Washington...
Kinder Morgan wins Texas court challenge, removing obstacle to $2 billion gas pipeline
Kinder Morgan Inc can begin work on a $2 billion natural gas pipeline without having the Texas energy regulator approve its proposed route, a state...
Asia stocks slip after Fed tempers aggressive rate cut expectations
Asian stocks slipped on Wednesday and the dollar pulled back from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary...
FAA reassigns three in office overseeing Southwest Airlines: source
The Federal Aviation Administration has reassigned three managers in its office overseeing Southwest Airlines Co, a person briefed on the matter said on Tuesday....