French auto giant PSA Peugeot Citroen, under investigation for allegedly cheating diesel pollution tests, said Wednesday that its car parts division Faurecia was the main engine of growth in sales in the first quarter.
Australians are racking up extreme levels of debt to buy homes that are among the world’s most expensive, a ticking time bomb that could wreck the economy if it is hit by a sudden shock, experts warn.
Slash corporate taxes and hope the resulting bounce in economic growth brings in enough government revenue to stop the budget deficit from ballooning.
The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank’s leadership over a fake accounts scandal that severely damaged the company’s image.
The World Trade Organization on Tuesday gave Mexico the green light to impose $160 million in annual tariffs against the United States in retaliation for Washington’s discriminating against Mexican tuna imports.
Alphabet’s self-driving car unit Waymo is offering free rides to residents in Arizona as part of its testing of autonomous vehicles.
US consumer confidence retreated in April after two months of records, as optimism about the economy dwindled, the Conference Board reported Tuesday.
Sales of new homes in the United States forged higher for the third straight month in March, hitting the fastest pace since July, the Commerce Department reported Tuesday.
The German government will on Wednesday slightly raise its economic growth forecast for 2017, local media reported, stretching out a run of good news for Europe’s largest economy.
Coca-Cola reported lower earnings Tuesday on restructuring costs and flat volumes as it touts new low-sugar beverages in response to flagging demand for soda.
Caterpillar reported its first jump in quarterly sales in two-and-a-half years Tuesday and said it was heartened by increased customer inquiries in prospective equipment purchases in key sectors.