For Zhu Zhangjin, the boss of a furniture factory in eastern China, the cost of finance is still one of the “mountains” weighing on his business’s profitability. Borrowing cos ..
General Motors Co is considering plans to spend as much as $1 billion renovating its Technical Center, a facility that is more than 50 years old, Bloomberg reported. The renov ..
Fears of lower-than-expected corporate earnings at a time when liquidity-driven equity market valuations are the highest in a decade are raising questions about the wisdom of ..
Airbus (AIR.PA) will not abandon its A380 jumbo jet program despite slow sales, its chief executive told Les Echos newspaper, and needs more time to decide whether to redesign ..
World oil markets will not see a significant rise in Iranian supplies for up to five years even if the OPEC member and world powers clinch a final nuclear deal by end-June, Fa ..
Volkswagen Chairman Ferdinand Piech is facing growing resistance within the supervisory board to his criticism of Chief Executive Martin Winterkorn, deepening a leadership cri ..
Three weeks before the Milan Expo opens on May 1, the site of the showpiece event is still a mass of trucks raising dust and workers in hard hats racing to finish building aft ..
Greece's finance ministry dismissed on Sunday a report by a German newspaper which said that euro zone officials were shocked at Greece's failure to outline plans fo ..
Germany's BDI industry association is more optimistic about the prospects for Europe's biggest economy than it was three months ago due to cheap oil, strong private ..
Investors will cast a wary eye on the latest gauges of the United States' economic health this week, while troubled Europe shows early signs of turning the corner. As fin ..