Business

Zurich (AFP) - Swiss banking giant UBS said Wednesday it earned a net profit of $1. 4 billion in the...

Frankfurt (Germany) (AFP) - Ailing auto giant Volkswagen warned Wednesday that "painful" cost cuts were unavoidable as third-quarter profit plummeted,...

Beijing (AFP) - Chinese electric vehicle giant BYD reported surging sales on Wednesday, surpassing global rival Tesla in quarterly revenue...

Frankfurt (Germany) (AFP) - Europe's biggest carmaker Volkswagen reported a 64-percent drop in third-quarter net profit Wednesday, as it struggles...

Frankfurt (Germany) (AFP) - German airline group Lufthansa on Tuesday reported an eight percent drop in profits in July to...

Madrid (AFP) - Spanish banking giant Santander defied falling interest rates in Europe to post a higher net profit in...

New York (AFP) - Ford reported lower profits Monday and reduced its full-year earnings outlook as hefty one-time electric vehicle...

Washington (AFP) - Philadelphia's chief prosecutor sued billionaire Elon Musk and his pro-Donald Trump political action committee on Monday to...

New York (AFP) - Boeing announced a stock offering on Monday expected to raise up to $19 billion, saying proceeds...

Tokyo (AFP) - The German CEO of major Japanese optical equipment manufacturer Olympus has stepped down after allegedly buying illegal...