World


Latest News


Searching for new supercar, Bugatti shielded from VW cost curbs

Volkswagen (VOWG_p.DE) keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.

Oct 03, 2014 11:22 AM EDT


Islamic State presses assault on Syrian border town, Kurds warn Turkey

Islamic State insurgents tightened their grip on a Syrian border town on Thursday despite coalition air strikes, sending thousands more Kurdish refugees into Turkey and dragging Ankara deeper into the conflict.

Oct 02, 2014 12:16 PM EDT


Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

Oct 02, 2014 12:11 PM EDT


Volkswagen's Seat says nearing profitability

Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.

Oct 02, 2014 11:58 AM EDT


BMW, Mercedes standardize cars to help buyers and boost margins

Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.

Oct 02, 2014 11:51 AM EDT


Daimler cuts car market forecast as Europe wobbles

German luxury automaker Daimler (DAIGn.DE) has cut its growth forecast for the global car market, blaming cooler demand in emerging markets and a plunge in Russian sales which has put a fledgling European industry recovery in jeopardy.

Oct 02, 2014 11:37 AM EDT


Don Quijote leads Japan tourism push to rake in sales

While Japanese retailers struggle to cope with the burden of a sales tax hike, discount store operator Don Quijote Holdings aims to extend its 25-year run of rising profits by taking a different approach: turning Japan into a tourist mecca.

Oct 01, 2014 11:36 AM EDT


At least 10 killed in shelling of school and mini-van in Ukraine

At least 10 people were killed on Wednesday when shells hit a school playground and a public transit mini-van in a nearby street in Donetsk in eastern Ukraine, underscoring the fragility of a ceasefire between separatists and government forces.

Oct 01, 2014 11:31 AM EDT


Special Report: In foreign hands, British automakers overtake France

When Britain lost its last native car company 20 years ago, it was lamented across the political spectrum as a national catastrophe.

Oct 01, 2014 11:21 AM EDT


Turkey vows to fight Islamic State, coalition strikes near border

Turkey signalled it may send troops into Syria or Iraq and let allies use Turkish bases to fight Islamic State, as coalition jets launched air strikes on Wednesday on insurgents besieging a town on its southern border with Syria.

Oct 01, 2014 11:15 AM EDT


Defiant Hong Kong protesters demand leader steps down

Thousands of pro-democracy protesters thronged the streets of Hong Kong on Wednesday, some of them jeering National Day celebrations, and students threatened to ramp up demonstrations if the city's pro-Beijing leader did not step down.

Oct 01, 2014 11:11 AM EDT


U.S. strikes help Iraq Kurds, army advances against Islamic State

Iraqi Kurdish forces captured a strategic border crossing and several villages from Islamic State fighters in northern Iraq on Tuesday, scoring gains as the militants were pounded by heavy U.S.-led air strikes and the Iraqi army advanced from the south.

Sep 30, 2014 11:08 AM EDT


Real Time Analytics