Maruti Suzuki India Ltd. introduced its first compact crossover, joining a race to attract Indians in a fast-growing segment dominated by Ford Motor Co. and Renault SA.
Billionaire John de Mol reported a 5.1 percent stake in TomTom NV amid reports that the Dutch navigation software and device maker is weighing options that could lead to a sale.
Tesla Motors Inc. reporting a loss in the second quarter is pretty much a given.
China has gone from growth engine to source of concern for carmakers, with BMW AG and Toyota Motor Corp. becoming the latest to warn about the world’s biggest auto market slowing down.
Takata Corp. boosted spending on U.S. federal lobbying by 22 percent in the second quarter as it faced increased attention from regulators and lawmakers about faulty air bags behind the auto industry’s largest recall in history.
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The rand fell to its weakest since December 2001 on speculation that the Federal Reserve will raise interest rates next month, dimming the appeal of emerging-market assets.
ING Head of Foreign Exchange Strategy Chris Turner and Brown Shipley & Co. Chief Investment Officer Kevin Doran discuss the simultaneous release of U.K. economic data dubbed as ‘Super Thursday’ and timing for central bank rate hikes. They speak with Jonathan Ferro on Bloomberg Television’s “On The Move.” (Source: Bloomberg)
For Germany’s government bonds, the prospect of higher U.S. interest rates is proving to be a more potent driver than the flagging local economy.
Emerging-market currencies fell for a fifth day as speculation grew the Federal Reserve will increase interest rates as soon as next month, curbing demand for riskier assets. Shares of energy producers gained with oil prices.
Chesapeake Energy Corp., the worst-performing stock on the Standard & Poors 500 this year, posted a second-quarter loss as collapsing energy prices slashed the value of the the company’s natural gas and oil fields.
UBS Group Senior Economic Advisor George Magnus discusses the fall in commodities and its impact on various economies. He speaks with Francine Lacqua and Manus Cranny on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
Russian service industries unexpectedly grew after a slump in June as incomes and the outlook for inflation stabilized, leaving questions about the impact of the recent plunge in the ruble on the economy.
Societe Generale CEO Frederic Oudea discusses the bank’s second quarter earnings and his outlook for the industry. He speaks exclusively to Bloomberg’s Caroline Connan on “Countdown.” (Source: Bloomberg)
Hungarian energy group Mol Nyrt. improved the profit guidance for 2015 after its refining unit helped post record earnings for the three months through June.
HSBC Holdings Plc was sued by a manager who said he was underpaid and ultimately dismissed because senior staff had a problem with the fact he was Turkish and a Muslim.
Spanish home sales rose 17 percent in June from a year earlier, the largest increase since March 2014, as the country recovers from the worst recession in its democratic history.
A former UBS Group AG banker mentioned during the Thomas Hayes Libor-rigging trial won’t face regulatory action after the Financial Conduct Authority’s decisions committee dismissed the case.
The $40.5 billion merger that’s transforming the generics industry is the biggest yet in a series of deals by drugmakers adjusting to a market that has fewer buyers.
An endangered lizard is only the latest threat to building Australia’s largest coal project.
Emerging-market currencies weakened as speculation mounted that the Federal Reserve will raise interest rates next month, hurting the appeal of riskier assets.
General Electric Co. will spend $500 million this year to promote and sell tools that link factories, equipment and computer systems, seeking to become a one-stop technology provider for industrial companies.
Verizon Communications Inc., deadlocked in labor talks over pension benefits and health care that caused a strike in 2011, has gained bargaining power this time around after shedding operations that employ older unionized workers.