Japan's Isuzu Motors will buy Volvo AB's UD Trucks business, which has an enterprise value of US$2.3 billion, and tie up with the Swedish firm to cut costs and develop electric and self-driving technologies.
Airbus will end the year with all major civil aircraft programs showing a book-to-bill ratio above 1, sales chief Christian Scherer said on Wednesday.
TAIPEI: Taiwan is ramping up efforts ahead of a Jan. 11 election to combat fake news and disinformation that the government says China is bombarding the island with to undermine its democracy. But Taiwan's main opposition party, the Kuomintang, which favours close ties with China, is crying foul ......
JAKARTA: The Indonesian government has delayed the handover of a sweeping tax bill to parliament until January, a month behind its earlier target, an official said on Wednesday (Dec 18). The tax bill is one of two omnibus laws that President Joko Widodo is launching in a bid to revise...
China's quick-growing solar equipment makers, forecast to meet half of global demand by the mid 2020s, are ramping up overseas sales to stave off closure after the elimination of government subsidies pushed domestic installations to a five-year low.
Alphabet Inc's Google has settled a "longstanding" tax dispute with Australia's tax office, it said on Wednesday, after paying an extra AUS$481.5 million (US$326.75 million) on top of its previous tax bill.
U.S. electric vehicle maker Tesla Inc is considering cutting the prices of its China-built Model 3 sedans by 20per cent or more next year, Bloomberg reported on Wednesday, citing people familiar with the plans.
Trade groups representing some of the world's biggest firms plan to lobby U.S. officials and Indian lawmakers in a bid to dilute parts of an Indian privacy bill which could hurt businesses, three sources familiar with the plans told Reuters.
Facebook can determine where users are even if they opt out of having their whereabouts tracked, the company revealed in a letter sent to US senators.
As a prolonged economic slowdown forces Indians to curb spending on everything from underwear to automobiles, business in Bollywood has never been better - offering audiences an escape from the increasingly grim daily grind.
