Business

The Japanese luxury brands are fighting to gain ground in the U.S. luxury market as Volkswagen AG’s Audi brand and Mercedes-Benz have expanded sales, and Tesla has provided a fresh alternative to the established brands. Japanese...

BMW slipped behind Mercedes in 2016, after holding onto the global luxury sales crown for about a decade. BMW aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger...

In morning trade, Hong Kong rose 0.4 percent to break 32,000 for the first time. The market has fallen only once in the past 17 trading days. Tokyo rose 0.5 percent to a fresh 26-year high....

Generally, Huawei provides free one-year after-sales-services with the purchase of its smartphones. However, under ‘Don’t Worry’ offer, customers who have already bought the device can also avail the extended warranty within 10 months of their purchase...

Partex Agro signs MoU with ACDI/VOCA. ACDI/VOCA’s Tim Russell and Partex Star Group’s KM Ali signed the agreement. Partex Agro Limited has signed a Memorandum of Understanding (MoU) with the US nonprofit international economic development organization...

While there were few leads from Wall Street owing to a holiday, investors continued to push into equity markets in Asia to maintain a healthy start to 2018, with Hong Kong skirting its all-time high Asian...

This year is expected to see another fall in sales, so carmakers are focusing on the American stalwarts of pickups and SUVs. Pickup trucks tend to enjoy more robust sales and have higher profit margins. Carmakers...

Ford’s $11bn investment pledge is much higher than a previously announced target of $4.5bn by 2020. Ford says it will boost its investment in electric vehicles to $11bn (£8bn) in the next five years, more than...

U.S. West Texas Intermediate (WTI) crude futures CLc1 were unchanged at $64.30 a barrel. Trading was relatively slow due to a national holiday in the United States. Oil hovered below a three-year high near $70 a...

Airbus said Emirates was probably the only airline to have the ability to take a minimum of six planes a year for a period of eight to 10 years. European planemaker Airbus has said it will...