Volkswagen has postponed restarting production at most China plants in its joint venture with SAIC Motor and the Tianjin plant in its JV with FAW Group until Feb. 17 amid the coronavirus epidemic.
South Africa aims to free up over a billion dollars in stalled weapons sales, including to Saudi Arabia and United Arab Emirates, by amending a document at the heart of an export row, a senior arms control official told Reuters.
More than half of millennials over 21 are receiving financial help from a parent or guardian, according to one report. Prince Harry and Meghan are trying to become financially independent and, even with humbler means, you can, too.
Tesla's valuation has soared well past other automakers. Morgan Stanley looks at whether Tesla is more accurately valued as a technology stock instead.
Hyundai Motor and affiliate Kia Motors plan to restart production at their Chinese factories on Feb. 17, a spokesperson said on Friday.
Honda Motor Co raised its forecast for full-year operating profit by 6% as a weaker yen increased the value of overseas sales.
U.S. electric carmaker Tesla's factory in China's financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading epidemic of coronavirus, a Shanghai government official said on Saturday.
Treasury Secretary Steven Mnuchin said on Friday he expects 2020 U.S. GDP growth to be less than 3%, partly due to problems at Boeing Co , which halted production of its 737 MAX planes over safety issues.
U.S. weapons maker Lockheed Martin Corp said on Friday it will not participate in next week's Singapore Airshow over coronavirus concerns.
Europe's Airbus SE is likely to acquire Canadian plane and train maker Bombardier Inc's remaining stake in the A220 passenger jet program, two industry sources said.
Apple Inc is extending its retail store closures in China due to the coronavirus outbreak, even as it worked toward opening its corporate offices and contact centers, the iPhone maker said on Friday.
Bank of America Corp kept Chief Executive Officer Brian Moynihan's 2019 compensation flat at $26.5 million, according a filing on Friday.
Wall Street fell from record levels on Friday after a four-day rally as investors digested the monthly U.S. jobs report and braced for the next coronavirus developments, but stocks still posted solid gains for the week.
U.S. Vice President Mike Pence on Friday and the top White House economic adviser dismissed an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd.
Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.