Senator Chuck Schumer, the top Senate Democrat, late on Thursday proposed a $454 billion plan over 10 years to help shift the United States away from gasoline-powered vehicles by offering cash vouchers to help Americans buy cleaner vehicles.
Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the first female chief executive of the U.S. bank.
Indonesia has recommended closer scrutiny of automated control systems, better design of flight deck alerts and accounting for a more diverse pilot population in the wake of a Boeing 737 MAX crash, according to a copy of a final report seen by Reuters.
Oil prices declined on Friday after three straight days of gains, as gloomy economic growth forecasts renewed concerns over the outlook for demand.
South Korea's transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs.
A South Korean judge overseeing Samsung Group heir Jay Y. Lee's bribery trial told him on Friday to "humbly accept" whatever the outcome of the trial, which could result in a tougher sentence for the conglomerate's de-facto leader.
Oil prices dipped on Thursday after sharp gains in the previous session following a surprise draw in U.S. crude inventories, with concerns over a weak demand outlook adding to downward pressure.
Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported a slight rise in third-quarter operating profit.
Hyundai Motor's quarterly net profit widely missed analyst estimates, after the South Korean automaker booked additional charges to address potential engine defects in the United States and its home market.
Brembo's distinctive colored brakes stop many of the world's fastest cars but when it comes to the electric vehicles of the future it faces a problem - traditional brakes are noisy.
German sportswear group Puma cautioned on Thursday that it would take a hit from U.S. tariffs on China in the fourth quarter but still raised its sales forecast and narrowed its profit target after a strong third quarter in all regions.
Oil prices slipped on Thursday amid persistent concerns about a weak demand outlook, after posting sharp gains in the previous session following a surprise crude inventory drawdown in the United States.
Asian shares pulled ahead on Thursday as corporate earnings and a ceasefire in northern Syria helped prop up sentiment, though the backdrop of trade and brexit uncertainties was enough to prevent a decisive shift towards riskier assets.
Daimler reported a slight rise in third-quarter operating profit on Thursday boosted by sales of Mercedes-Benz cars, sending its shares higher, but announced cost cuts and warned legal provisions tied to diesel litigation could rise.
Nissan Motor Co Ltd is considering selling two of its European plants as the Japanese carmaker faces falling sales in the region and an industry shift toward electric cars, Bloomberg reported on Thursday, citing people familiar with the matter.