Business

Toyota Motor Corp (7203.T) said on Monday it would stop making cars and engines in Australia by the end of 2017, marking the end of an era for a once-vibrant auto production base and the loss of thousands of...

Smarting from growing losses, Taiwanese phone maker HTC Corp says it will expand its range of cheaper products as it fixes off-target marketing for its premium smartphones. The company that has long prided itself as a purveyor of upscale, feature-loaded...

China's catering sector grew at its slowest pace in more than two decades in 2013 as diners avoided splashing out in luxury restaurants during an anti-corruption campaign targeting official excess, according to state media. Catering in China grew nine percent...

Nestle (NESN.VX), the world's biggest food company, is looking at ways to reduce its $30 billion stake in cosmetics firm L'Oreal (OREP.PA), Bloomberg reported on Saturday, citing sources with knowledge of the matter. Nestle has told L'Oreal of its intentions,...

Bank of Italy Governor Ignazio Visco on Saturday backed moves by some of the country's lenders to get rid of non performing loans on their books and suggested that "more ambitious" approaches could be considered. Italy's top two banks, Intesa...

By referring a complaint against the European Central Bank's bond-buying policy to the European Court of Justice, Germany's constitutional court has sidestepped a crucial dispute over who has ultimate authority in the European Union. The issue is highly sensitive at...

Stocks gained ground on Friday to further recover from a steep two-week selloff, buoyed by expectations that a January U.S. jobs report will soothe recent concerns over the pace of global growth. The euro dipped to a session low against...

Internet search company Google Inc will own a 5.94 percent stake in China's Lenovo Group Ltd worth $750 million once Lenovo's deal to buy Google's Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange. Google...

U.S. employment likely rebounded in January after being held back by cold weather the prior month, which would offer assurance that economic growth was not faltering. Nonfarm payrolls are expected to have increased by 185,000 last month, according to a...

The companies working to widen the Panama Canal have made a new proposal to resolve a row over cost overruns on the multi-billion dollar project, the consortium said on Friday. Grupo Unidos Por El Canal (GUPC), led by Spanish builder...