BMW CEO Harald Krueger said a production version of the BMW i8 Spyder, which was first seen as a concept in the Beijing Auto Show back in 2012, will be introduced very soon.

Dec 07, 2015 10:19 PM EST

After the recent terror attacks in California, as well as Paris and other parts of the world, 10 percent of American travelers cancelled booked trips, costing the travel industry a potential $8.2 billion.

Dec 07, 2015 08:03 PM EST

Bugatti partnered with Wisconsin-based Palmer Johnson to develop an open-superyacht called Niniette, which costs $2.1 million to $3.5 million.

Dec 07, 2015 06:50 PM EST

Chile's central bank is expected to hike interest rate this month or January 2016. inflation rate dropped into the expected range for the first time in 20 months. However, the core inflation remains at high level. The slump in currency Peso is also impacting the inflation rate.

Dec 07, 2015 09:41 PM EST

A latest survey highlights that majority of Americans are loyal to one bank, while 46.1% have two or more bank accounts. Women deal with fewer banks and men tend to do multiple banking, according to survey by GoBankingRates. Majority Americans keep less than $1,000 in their savings accounts.

Dec 07, 2015 09:37 PM EST

Beijing's smog levels have reached its first red alert, forcing citizens to stay indoors.

Dec 08, 2015 09:37 AM EST

The cost-cutting measures at corporate companies are creating more demand for budget airlines in China. A majority of business travellers are also preferring to fly by budget carriers. The four budget airlines are making profits in Chinese domestic aviation. The budget airlines account for seven percent of China's domestic air travel and is expected to grow over 100 percent in next five years.

Dec 07, 2015 09:31 PM EST

Japan's gender equality bureau has downgraded their goal of women in senior positions form 30% to 7%.

Dec 08, 2015 09:27 AM EST

Some airlines banned hoverboard on-board their plane due to its lithium-ion battery.

Dec 08, 2015 07:09 AM EST

In a new bill passed alongside the FAST Act, the IRS gains the ability to deny citizens their passports if they're found to be in more than $50,000 in back taxes.

Dec 07, 2015 06:52 AM EST

Ferrovial SA offered A$715 million for Broadspectrum Ltd., almost a year after the company rejected its previous bid. However, lots of investors are unhappy with the new offer as it presents an opportunistic bid.

Dec 07, 2015 09:27 PM EST

The China's economy slowdown and concerns about possible interest rate hike by US Federal Reserve are impacting iron ore prices, which are hovering at $40 per metric ton. Adding to this, the increased supplies from global majors are further putting pressure on iron ore prices. The sluggish Chinese steel industry has also become a cause of concern.

Dec 07, 2015 04:17 AM EST