Japanese and South Korean officials held hours of talks Friday to discuss a worsening diplomatic row that has prompted Washington to offer to mediate between the US allies.
Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in the United States and retreating from most of Asia, banking sources said.
U.S. producer prices rose slightly in June as the cost of energy and other goods fell for a second straight month, offsetting an acceleration in services, leading to the smallest annual increase in producer inflation in nearly 2 1/2 years.
Volkswagen AG's US$2.6-billion investment in Ford Motor Co's Argo AI self-driving unit, announced on Friday, immediately vaults the two-year-old Pittsburgh-based startup into the top ranks in the sector.
European planemaker Airbus SE plans to sell more than 1,000 new passenger planes in the next 15 years in Latin America and the Caribbean, meeting about half the demand expected in the region, an executive of the company told Reuters.
Indonesia's president promised Friday to fight the European Union over plans to restrict the use of palm oil in biofuels.
Budweiser Brewing Company APAC , the Asia-Pacific business of Anheuser-Busch InBev (AB InBev) , will not price its Hong Kong IPO of up to US$9.8 billion by Friday as planned, two people with knowledge of the matter said.
Ford and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.
TOKYO: Japan's industry ministry said on Friday officials briefed their South Korean counterparts on Japanese export restrictions and reiterated that they were not countermeasures in a row over the issue of forced wartime labour. South Korean officials did not ask that Japan withdraw the export ...
Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer's attempts to win a settlement in a bribery probe, two people familiar with the matter said.
