Business

General Motors Co (GM.N) named a new chief executive, Ford Motor Co (F.N) kept its old leader and Chrysler Group LLC's CEO averted a divisive public offering. And that was just in the last 30 days. This year is shaping...

To look over the roster of racy new and future vehicles at the 2014 North American International Auto Show here, the initial impression is that U.S., European and Asian automakers want to turn back the clock to a time...

Mary Barra, the next CEO of General Motors Co (GM.N), sent a powerful message to colleagues last year when she challenged about 250 designers and engineers at GM's Vehicle Engineering Center - to a paper sailboat race. "She wanted them...

One of BP's attempts to curb payouts for what it says are "fictitious" and "absurd" claims related to the 2010 Gulf of Mexico oil spill has failed after a legal appeal was rejected by a U.S. court. BP had argued...

Total (TOTF.PA) is set to become the first major oil company to invest in Britain's nascent shale gas industry, boosting the industry's profile in a country seen as one of Europe's strongest prospects for unconventional oil and gas development. The...

New Year's rivalry among U.S. mobile operators has Wall Street worried that the industry's profits could seriously decline. After months of aggressive moves by T-Mobile US to lure customers from other carriers, No. 2 operator AT&T Inc counter-attacked on January...

Lithuania must demonstrate its public finances are sustainable in the medium term to win approval to adopt the euro in 2015, Olli Rehn, the European commissioner in charge of economic and monetary affairs, said on Saturday. The Baltic state, which...

Australia's biggest phone company Telstra Corp. is in advanced talks with a U.S. private equity firm over the sale of its Sensis directories business for as much as A$3 billion ($2.7 bln), local media reported on Saturday. The Melbourne-based telco...

The Nigerian sugar market has an estimated potential of 1.7 million tons, according to the United States Development of Agriculture (USDA). Data obtained from the National Sugar Development Council (NSDC) reveals that the country’s sugar consumption in 2012 was...

Ivory Coast Prime Minister Daniel Kablan Duncan said his nation will boost oil production within five years to 200,000 barrels a day, rivaling neighboring Ghana as stability returns to a country racked by a decade of turmoil. The West African...