Suzuki's troubled relationship with Volkswagen is coming to an end. VW is to sell its $3.8B stake in the company, wrapping up a four-year dispute over their failed partnership. Bloomberg's Craig Trudell reports on "First Up." (Source: Bloomberg)
Suzuki Motor Corp. rose in Tokyo trading after arbitrators told Volkswagen AG to sell its 19.9 stake in the Japanese carmaker, ending a four-year dispute over a failed partnership.
Here are highlights of breaking-news stories from around the world on Sunday:
Suzuki Motor Corp., stung by its failed cooperation with Volkswagen AG, now plans to defend its hard-won independence.
Volkswagen AG will sell a Suzuki Motor Corp. stake valued at about 463 billion yen ($3.8 billion) following a decision from arbitrators that ended a four-year dispute over a failed partnership.
The most sweeping transformation in General Electric Co.’s 123-year history was helped along by an unlikely tool: a noise-making cellphone app.
Dominic Konstam isn’t sure about Deutsche Bank AG’s forecast that the Federal Reserve will raise interest rates in September -- and he works there.
Weekend rallies that saw tens of thousands of people in the Malaysian capital demand the resignation of Prime Minister Najib Razak failed to draw a large number of ethnic Malays, a sign that a funding scandal is yet to spur major dissent within the premier’s grassroots power base.
Thousands of anti-government protesters rallied for a second day in Malaysia’s capital, urging Prime Minister Najib Razak to resign over allegations linked to a troubled state investment fund.
Malaysian protesters slept in the streets of the capital overnight Saturday after thousands gathered in an anti-government rally that pointed to growing disquiet with Prime Minister Najib Razak over a funding scandal.
With Canadians headed to the polls Oct. 19, the country’s economic downturn has unsurprisingly become campaign fodder for opposition leaders Tom Mulcair and Justin Trudeau, who claim the country has fallen into recession. Prime Minister Stephen Harper counters the economy is expanding nicely outside of the energy sector.
Alaska Governor Bill Walker has a message for President Barack Obama: Fill the Trans-Alaska Pipeline System while you still can.
Shipments of solar panels in Japan fell 13 percent in the three months to June 30, a sign the market may be cooling three years after the country introduced generous incentives to boost the industry.
Warren Buffett’s Berkshire Hathaway Inc. sees a green light at the intersection of low oil prices and record driving.
For investors brave enough to wade into Russia, a once-promising emerging market turned economic outcast, oil stocks might offer the right balance between risk and reward.
TPG Capital, the private equity firm run by David Bonderman, hired Ladder Capital Corp.’s Greta Guggenheim to head its newly formed real estate debt unit.
Sorry, now you can’t afford Queens, either. Apartment sales in the outer boroughs are higher than ever
On a street with some of New York’s most expensive homes, a two-bedroom apartment can be found for $849,000 -- a relative bargain in supply-strapped Manhattan.
U.S. homebuilders are facing a looming shortage of skilled workers that threatens the industry’s growth, according to Tri Pointe Group Inc. Chief Executive Officer Doug Bauer.
Blackstone Group LP’s Equity Office unit, the No. 2 office landlord in the U.S., named Eli Khouri president and chief executive officer to succeed Tom August, who is retiring.
The Obama administration is drafting an escalating series of actions, including economic sanctions and curbs on doing business in the U.S., to punish China and other nations that persist in hacking its corporate computer networks, according to two administration officials with knowledge of the planning.
Singapore Prime Minister Lee Hsien Loong will find out at the Sept. 11 election if he’s done enough to stem a decline in support that in 2011 gave the ruling People’s Action Party the smallest share of the popular vote since independence.
A drug from Alnylam Pharmaceuticals Inc. and Medicines Co. cut bad cholesterol levels among patients in a small trial by about as much as new treatments from Sanofi, Regeneron Pharmaceuticals Inc. and Amgen Inc., with far less frequent dosing.
James Albino, the executive director of the President’s Task Force on Puerto Rico, is stepping down and going to the Department of Veterans Affairs, a White House official said.
Kym Arnone, a Barclays Plc managing director who led the bank’s sales of bonds backed by money state and local governments receive from their legal settlement with cigarette makers, has left the company.