Markets

Mitsubishi Motors Corp will seek voluntary retirement from 500 to 600 employees, mostly in management, in Japan from mid-November to cut costs, two sources familiar with the matter told Reuters on Saturday.

Chinese automaker GAC and Germany's BMW expect sales to grow this year in China, the world's biggest auto market, as consumption revives from COVID-19 lockdowns, officials said on Saturday.

Polestar, the performance electric vehicle maker based in Sweden and owned by China's Geely , plans to build its Precept electric sedan in China at a new factory, its CEO said on Saturday.

NEW YORK: With COVID-19 deaths in the US topping 200,000 this week following a rise in new daily cases last week for the first time in eight weeks, the role of the economy in the looming presidential election could take on heightened importance - but it is not clear...

REUTERS: The Trump administration announced on Friday that the United States and the United Kingdom had signed a new agreement to cooperate on research and development of artificial intelligence. "This historic agreement demonstrates the shared commitment of our two nations to drive technological ...

China's auto market has rebounded smartly from the COVID-19 crash in recent months, especially for high-end cars, but questions about the durability of that recovery will hang over the Beijing autoshow, starting on Saturday.

U.S. President Donald Trump on Friday extended a ban until 2032 on offshore oil drilling off the coast of North Carolina, weeks after a similar extension affecting drilling in the waters off Florida, Georgia and South Carolina.

About 3,500 U.S. companies, including Tesla Inc , Ford Motor Co , Target Corp , Walgreen Co and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than US$300 billion in Chinese-made goods.

Three people have been found dead after a fire at a facility belonging to Chinese tech giant Huawei Technologies in the southern city of Dongguan on Friday, local authorities said.

With COVID-19 deaths in the U.S. topping 200,000 this week following a rise in new daily cases last week for the first time in eight weeks, the role of the economy in the looming presidential election could take on heightened importance - but it is not clear how.