German industrial group ThyssenKrupp (TKAG.DE) has cut costs by more than 1 billion euros ($1.12 billion) this year, beating its target, and plans to press ahead with renewed ..
Volkswagen's management reshuffle may fail to generate the momentum Europe's largest carmaker needs to tackle stubborn structural problems that have been amplified b ..
China's financial markets are expected to remain stable and the renminbi is not on course for a long-term devaluation, while fiscal spending will grow faster than expecte ..
Financial leaders from the world's 20 biggest economies agreed on Saturday to step up reform efforts to boost disappointingly slow growth, saying reliance on ultra-low in ..
The U.S. Federal Reserve should not rush its decision to raise interest rates and should move only when it is sure the decision is unlikely to be reversed later, the head of t ..
Venezuelan President Nicolas Maduro has suggested to the Emir of Qatar a summit for heads of state of OPEC countries to defend oil prices, an idea he said the leader of the Ar ..
Ousted Volkswagen (VOWG_p.DE) chairman Ferdinand Piech prevented Chief Executive Martin Winterkorn from fulfilling his ambition to become chairman, showing the patriarch' ..
Ferrari Chief Executive Amedeo Felisa will not leave his post before the luxury sportscar maker's initial public offering (IPO) planned for later this year, the boss of p ..
A common euro zone budget should initially be funded through joint debt issuance and taxpayers' money should only be used at a later stage, French Economy Minister Emmanu ..
There is a shared belief among the members of the Group of 20 leading economies in the need to "double down" against competitive currency devaluation and avoid it in ..