Volkswagen's premium brand Audi expects its vehicle sales to fall less than previously thought to over 920,000 vehicles this year, Audi sales chief Peter Schwarzenbauer told a German newspaper.
Workers at an India auto-parts maker have ended a six-week strike, which had hit supplies to General Motors and Ford and caused the shutdown of some North American plants, an official at the Indian firm said.
British Airways signaled business is stabilizing, eclipsing news of a worse than expected first half loss and a prediction that revenue would slump by 1 billion pounds ($1.7 billion) this year.
Yes, Virginia, there is a Santa Claus. And judging by what's in theaters this holiday movie season, his name is George Clooney.
Canada's GLG Life Tech Corp said it filed for an IPO in the United States offering 3.6 million common shares.
Advisers to a small band of shareholders in Norwegian video conferencing company Tandberg ASA added their voices to calls for suitor Cisco Systems Inc to up its $3 billion bid, ahead of a Monday offer deadline.
U.S. carmaker General Motors' decision to keep its European unit Opel will benefit European taxpayers, especially in Britain, Germany and Spain, British Business Secretary Peter Mandelson said on Thursday.
Russia accused General Motors of showing the United States' scorn of business with Europe by abandoning its sale of Opel, whose German workers went on strike on Thursday.
Suncor Energy Inc's third-quarter operating profit fell 64 percent as oil and gas prices sank in its first quarterly reporting period including results from Petro-Canada assets it acquired in August.
Russian regional fixed-line telecom operator Southern Telecom has secured 3 billion roubles ($103 million) of credit lines to fund current activities and refinance debts.
Smith & Nephew beat forecasts for the third quarter as patients and governments began to resume spending on surgical procedures after cutting back during the recession.
The Carlyle Group said on Friday it would buy a Japanese restaurant chain operator in a 21 billion yen ($230 million) management buyout, its second deal in Japan in two weeks.
Bank of America's consumer banking chief, tipped to be a leading candidate to replace outgoing chief executive Kenneth Lewis, said he is keen to step into the top job but will stay on if he misses out, addressing one of Wall Street's most talked-about issues.
Korea Life Insurance Co., the country's No. 2 life insurer, may raise around $2 billion through its public offering, sources with direct knowledge of the matter said, in what would be Korea's largest IPO since 2006.
Citigroup Inc said on Thursday it plans to raise up to $100 million through selling shares of its Primerica Inc life insurance unit, as the financial colossus looks to shed assets outside its main banking business.
In Asia lately, it pays to be a seller -- even if you're a company under pressure to offload an asset or two.
Capgemini is planning a series of acquisitions to strengthen its position in the U.S. market, its chief executive told the Financial Times.
Japanese chip maker Elpida said it will outsource production of advanced PC memory chips to Taiwan's ProMOS, a move aimed at locking in production capacity in Taiwan, cutting costs, and putting it on stronger competitive footing against its big South Korean rivals.
Sumitomo Trust and Banking Co Ltd and Chuo Mitsui Trust Holdings Inc said they plan to merge, creating Japan's largest trust bank with scale to better compete in a crowded asset management industry.
Five years after retiring from Japan Airlines Corp, former pilot Tsutomu Watanabe is fighting to protect the pension he was promised but that the airline can no longer afford to pay.
General Motors Co on Thursday said it was readying a plan to restructure Opel and could pay off debt due this month as German workers went on strike to protest the automakers decision to keep the European unit.
Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
Bank of America Corp CEO Ken Lewis' year-end retirement is fast approaching and the bank's search committee is still hunting for a successor.
The Philippine government aims to approve contracts to explore and develop the country's massive geothermal energy resources, which could attract more than $2.5 billion in private investment, an official said.
GM cited improving business conditions and the strategic importance of Opel, its European backbone, which also provides technology the group uses around the world.
Fiat SpA Chief Executive Sergio Marchionne on Wednesday delivered a long-awaited plan intended to turn around Chrysler over the next five years.
The surprise decision by General Motors Co to drop a plan supported by Chief Executive Fritz Henderson to sell the company's Opel unit has raised new questions about the standing of the veteran GM insider after just six months on the job.
Chrysler's new boss offered an ambitious outlook for the automaker on Wednesday, saying it would more than double sales, roll out a dozen new models built on Fiat platforms and pay back debt to U.S. taxpayers over the next five years.
Ford Motor Co will continue meeting informally with United Auto Workers leaders to discuss labor issues following the rejection of concessions by U.S. rank-and-file workers, a top executive said on Wednesday.
Toyota Motor Corp reported a surprise quarterly profit and slashed its annual loss forecast by more than half as sales and cost cutting beat its forecasts, putting it on track to follow Japanese rivals into the black next year.
