Result Page 114 for Latest Markets News & Archive

Markets

As oil prices tank, new era of abundance seen dawning

As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance.

Oct 07, 2014 11:24 AM EDT

Markets

Chrysler recalls cargo vans due to inadvertent airbag deployments

Chrysler Group LLC said on Tuesday it is recalling about 22,100 small cargo vans because of inadvertent side air bag deployments, the company and U.S. safety regulators said.

Markets

Fiat says merger into Dutch-registered FCA effective October 12

Italian carmaker Fiat (FIA.MI) said on Tuesday its merger into holding group Fiat Chrysler Automobiles (FCA) would be effective as of Oct. 12 after all conditions for the tie-up were met.

Markets

Bill Gross told rival Gundlach: ‘I am Kobe, you are LeBron’

It was one of the most extraordinary meetings in the history of the bond market. Two of the biggest-ever names in fixed-income investing, Bill Gross and Jeffrey Gundlach, fierce rivals who had never previously talked, held a secret meeting over glasses of lemonade, water, and plates of crudites about whether to join forces.

Hewlett-Packard to split into two public companies, lay off 5,000

Hewlett-Packard Co (HPQ.N) said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations, and eliminate another 5,000 jobs as part of its turnaround plan.

Oct 06, 2014 12:24 PM EDT

Latest GM recalls cover 57,000-plus vehicles

General Motors Co said on Saturday it was recalling more than 57,000 vehicles in the United States for potential problems ranging from a wiring problem in the steering column to inadvertent shutdown of the engine.

Oct 06, 2014 11:55 AM EDT

Toyota, Mitsubishi to halt production at some Japan plants due to typhoon

Toyota Motor Corp plans to halt production on Monday morning at 12 plants in central Japan due to a typhoon that is hitting the area, spokesman Ryo Sakai said on Sunday.

Oct 06, 2014 11:49 AM EDT

U.S. regulators probe steering in estimated 938,000 Ford vehicles

U.S. safety regulators have opened a probe of an estimated 938,000 Ford Motor Co (F.N) mid-sized sedans due to complaints about steering issues.

Oct 06, 2014 11:38 AM EDT

Stellar U.S. jobs data boosts dollar and stocks

The dollar climbed to a more than four-year peak and global equity markets rose on Friday after data showed U.S. employers stepped up hiring in September and the jobless rate fell to a six-year low, further signs of a relatively strong economy.

Oct 03, 2014 11:43 AM EDT

Bentley joins ultra-luxury fast lane with Mulsanne Speed

Bentley, the venerable British carmaker known for comfort and style, is moving into the fast lane of ultra-luxury cars with a new version of its flagship saloon, aiming to grab a bigger slice of a market tipped to double in size by 2018.

Oct 03, 2014 11:27 AM EDT

Searching for new supercar, Bugatti shielded from VW cost curbs

Volkswagen (VOWG_p.DE) keeps lavishing money on supercar maker Bugatti, its most exclusive brand, even as the German group plans painful cuts in its core auto business.

Oct 03, 2014 11:22 AM EDT

Premium carmakers push standardized cars to boost profit

Premium carmakers Mercedes-Benz, Volvo and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also giving them the choice of a bespoke car if they want.

Oct 03, 2014 11:11 AM EDT

Europe's carmakers walk tightrope between low cost and high spec

Carmakers are betting on style and recycling in the battle for Europe's burgeoning small car market, adding hi-tech safety and entertainment features while often using older vehicle underpinnings as a way to keep prices down.

Oct 02, 2014 12:11 PM EDT

Fiat needs more than the 500 to turn core brand around

While rivals roll out new models and concept cars, Fiat has little to show at the Paris auto show besides another variant of its retro-styled 500 compact car, in what is starting to look like a worrying trend for the carmaker's namesake brand.

Oct 02, 2014 12:05 PM EDT

Volkswagen's Seat says nearing profitability

Volkswagen's (VOWG_p.DE) Spanish division Seat is nearing profitability as new models boost sales and core European markets grow, Seat boss Juergen Stackmann said.

Oct 02, 2014 11:58 AM EDT

BMW, Mercedes standardize cars to help buyers and boost margins

Premium carmakers Mercedes-Benz and BMW are aiming to sell more standardized cars and services to boost profit margins and simplify the complex list of options for buyers -- while also given them the choice of a bespoke car if they want.

Oct 02, 2014 11:51 AM EDT