Porsche’s SUVs are such a hit with Chinese consumers that they account for about three-quarters of its sales in the country, overshadowing sports cars like the iconic 911 that leads in its home market.
After trust issues doomed Suzuki Motor Corp.’s alliance with Volkswagen AG, the Japanese carmaker now has to win over shareholders skeptical of plans for its crucial partnership with India’s largest carmaker.
Volkswagen AG must come up with a plan to recall models with 3-liter diesel engines after its Audi unit admitted to California regulators that those had a “defeat device” that the agency believes could have cheated on emissions tests like the automaker’s smaller diesels did.
One year into its Nascar Sprint Cup experiment, Toyota took new driver Kyle Busch on a tour of its offices and plants. Not in Honshu or Hokkaido, but rather California, Texas and Kentucky.
The "too-good-to-be-true" era of abundant demand and limited supply is coming to an end.
Jacob J. Lew, the secretary of the Treasury, sought to underscore the administration's opposition to any meaningful concessions on Dodd-Frank. Bloomberg View's Paul Dwyer weighs in on "Bloomberg Markets." Her opinions are her own. (Source: Bloomberg)
Daniel Yergin, vice chairman at IHS, talks with Erik Schatzker about how oil prices factor into U.S. oil producers' ability to maintain production levels amid declining rig counts and looks ahead to oil prices through 2016. He speaks on "Bloomberg Markets." (Source: Bloomberg)
There's one thing Republicans and Democrats vying for their parties' nomination for president in 2016 seem to agree on, the evil of Wall Street. Bloomberg View columnist Al Hunt and David Barse, chief executive officer at Third Avenue Management, examine the rhetoric on both sides of the aisle on "Bloomberg ‹GO›." (Hunt is a Bloomberg View columnist. The opinions expressed are his own.) (Source: Bloomberg)
Wall Street banks may be close to winning one of their biggest lobbying fights this year by beating back U.S. requirements that would have led to billions of dollars of additional costs on derivatives trading.
The morning after cancer-center firm 21st Century Oncology Inc. cut its earnings forecast for 2015 last week, money manager Rajay Bagaria woke up to find his holdings of the junk-rated company’s bonds had lost 19 percent of their market value overnight.
Most Asian index futures signaled a rebound following light pre-Thanksgiving trading in New York, with Australian shares rallying amid ongoing gains in crude oil.
Three of Las Vegas’s largest casino operators are a step closer to firing Warren Buffett’s utility as their electricity provider -- if they’re willing to pay the price.
Palm oil exports from Indonesia, the world’s biggest grower, may decline for the first time in at least eight years as the government increases the amount required in biodiesel production.
Abengoa SA, the Spanish renewable-energy developer that ’s seeking preliminary protection from creditors, is looking to divest at least part of its stake in Abengoa Yield Plc. It won’t be hard to find buyers.
The first increase in Canadian crude exports by rail in a year is seen continuing after U.S. President Barack Obama rejected the Keystone XL pipeline project earlier this month.
John Zuccotti, a former New York City deputy mayor and chairman of global operations for Brookfield Asset Management Inc. who oversaw landmark Manhattan properties including the World Financial Center, has died. He was 78.
An arm of Nicholas Schorsch’s investment empire pressured employees into rigging shareholder proxy votes, Massachusetts’ securities regulator alleged in a complaint filed Thursday.
Deutsche Bank AG sold a property in central Frankfurt that’s set to become the German city’s biggest construction site to a local developer.
Commodities trader Michael Coscia was found guilty in a major victory for the government in its first test of a criminal spoofing law at trial.
Michael Coscia began testifying in his own defense in the first-ever “spoofing” prosecution, in which he is charged with making $1.4 million by illegally playing both sides of the market.
Martin Shkreli, whose pharmaceutical company has been criticized for raising the price of a drug by more than 5,000 percent, said the increase barely causes a ripple in the health-care system.
Sumner Redstone denied a one-time girlfriend’s claim that he’s incapacitated in a battle over the 92-year-old media billionaire’s empire, which includes his control of Viacom Inc. and CBS Corp.
The U.K. will give taxes raised from the sale of tampons and sanitary towels to women’s charities, Chancellor of the Exchequer George Osborne announced.
Canadian stocks rose as consumer shares advanced and Valeant Pharmaceuticals International Inc. rebounded from an early decline.
A hedge fund that has long been bearish on Valeant Pharmaceuticals International Inc. published a new list of pharmacies it said were probably tied to the drugmaker, briefly sending Valeant shares down Wednesday.