Renault and Nissan deepen cooperation in bid for survival
Renault , Nissan Motor Co and Mitsubishi Motors Corp said on Wednesday they would each take a lead on car manufacturing in different regions in...
Dollar gains and yuan hits nine-month low as U.S.-China tensions return
The U.S. dollar edged higher on Wednesday and China’s yuan hit a near nine-month low as worries about the U.S. response to China’s proposed security...
Hong Kong lines up MSCI derivatives launch amid doubts on city’s future
Hong Kong’s exchange is launching derivatives with index provider MSCI in a deal that hurts rival Singapore and boosts its global appeal amid U.S. warnings...
Tesla cuts prices by as much as 6% in North America to boost demand
Tesla Inc has cut prices of its electric vehicles by as much as 6% in North America following a decline in auto demand in the...
Administrators deny South African Airways set to start flying
Administrators for state-owned South African Airways (SAA) said on Wednesday the airline is not aiming to resume domestic flights from mid-June, rejecting a statement from...
Oil eases on demand concerns, tensions over Hong Kong
Oil prices dipped on Wednesday as concerns over how quickly fuel demand will recover tempered an easing of lockdowns to halt the spread of coronavirus,...
South Africa’s SAA aims to resume domestic flights from mid-June
South African Airways (SAA) aims to resume domestic flights between Johannesburg and Cape Town from mid-June as lockdown restrictions aimed at curbing the spread of...
Dollar gains, yuan takes hit as Hong Kong simmers
The dollar edged higher on Wednesday as worries about the U.S. response to China’s proposed security law and renewed protests in Hong Kong supported safe-haven...
Exclusive: Volkswagen in final talks to seal biggest M&A deals in China EV sector – sources
Volkswagen AG is in final talks to seal its largest investment deals with Chinese electric vehicle (EV) firms, two sources said, as the German automaker...
Mexico’s auto industry restart gathers steam as lockdown eases
Mexico’s auto industry reopening picked up pace on Tuesday, with Fiat Chrysler and BMW AG joining peers in gradually dusting off operations even as the...