A British investment banker at the center of Germany's biggest fraud trial told judges on Thursday he earned millions of euros from deals involving "astronomical" trades that prosecutors say were a means to make bogus tax reclaims.
BMW's finance chief Nicolas Peter wants to cut between 5,000 and 6,000 jobs by 2022, mostly at the carmaker's Munich headquarters, a German magazine reported on Thursday.
The Trump administration on Thursday is expected to revoke California's authority to set its own greenhouse gas and vehicle fuel efficiency standards, a move with high stakes for the auto industry, consumers and the environment.
Indian automaker Tata Motors will launch an electric vehicle (EV) early next year based on a new powertrain technology it has developed to grow its portfolio of clean energy cars, the company's chief executive said on Thursday.
Huawei launches what could be the world's smartest 5G phone on Thursday, but its fate in Europe will hang on whether customers will buy a device lacking access to software and apps supported by Google.
France and Germany are agreed on a strategy to respond to a global economic slowdown at a time of international trade problems but differ over how fast to move, French Finance Minister Bruno Le Maire said on Thursday.
Technology firms must protect user privacy and prevent abuse of their platforms, India's IT minister said on Thursday, speaking as the government draws up a data privacy law and seeks to push companies to store more data locally.
Huawei launched its Mate 30 smartphone range on Thursday in a challenge to Apple's new iPhone 11, saying the Chinese firm's new devices were more compact, their cameras superior and wraparound screens brighter.
Huawei launched its Mate 30 range of smartphones on Thursday, saying its cameras were superior, its wraparound screen brighter and its dimensions more compact than Apple's iPhone 11 Pro Max launched last week.
Russia's Federal Antimonopoly Service said on Thursday it had fined Google 100,000 roubles (US$1,560) for circulating adverts for financial services by Ali Trade, a company it said did not have the required license for such activity.
