German industrial group Siemens plans to cut over 7,000 jobs worldwide as part of a reorganization under Chief Executive Joe Kaeser, a source familiar with the situation said. ..
FRANKFURT/BRUSSELS (Reuters) - The European Central Bank abruptly canceled its acceptance of Greek bonds in return for funding on Wednesday, shifting the burden onto Athens ..
Japanese air bag maker Takata Corp (7312.T) booked nearly $30 million in extra charges for vehicle recalls to replace potentially deadly air bag inflators, as well as other co ..
Saudi Arabia will continue to dip into its cash reserves to temper the ongoing storm in oil markets, the country's finance minister told CNBC. ..
Markets in Asia were mixed as traders eyed a set of measures by China's central bank, along with the ECB's move to halt acceptance of Greek government debt as collat ..
The Renault-Nissan alliance said on Thursday it would export 38 percent more Nissan Rogue crossovers to the United States from South Korea in 2015 than planned earlier, to mee ..
Hyundai Motor will in March unveil the first major makeover of its top-selling Tucson sports utility vehicle in six years in a bid to revive growth in key markets like Europe ..
Weatherford, which currently employs about 56,000 people across the world, expects the job cuts to result in annualized savings of over $350 million. Weatherford said it expec ..
Chalk up another victory of the machines over humans. The parent company of the Chicago Board of Trade and other exchanges is ending most trading involving people on the floor ..
The United Steelworkers union (USW) said a new contract offer was made by lead oil company negotiator Royal Dutch Shell Plc (RDSa.L) on Wednesday night as a strike by U.S. ref ..