AutoNation Inc.’s top executive warned that softening car prices will likely fall further as inventory grows, a welcome sign for inflation-weary buyers but worrisome for dealers facing new pressure on profit margins.
Two headaches that have dogged the summer — scorching heat and flight delays — came together on a Delta flight in Las Vegas this week.
BMW AG is seeing stronger demand for its electric vehicles in Europe than it expected, helping offset a decline in orders in its biggest market China, production chief Milan Nedeljkovic said Friday.
SBB abruptly ended talks with Canada’s Brookfield Asset Management Ltd. over the sale of a 51% stake in a portfolio of school buildings, reflecting the struggles the embattled Swedish landlord faces to close a looming funding gap.
Reliance Industries Ltd., the oil-to-retail conglomerate owned by Asia’s richest man Mukesh Ambani, posted lower-than-expected quarterly profit due to a weak performance by its core petrochemicals and refining business.
Schroders Plc has received approval to build a 63-storey skyscraper in the City of London.
The blank-check firm trying to merge with Donald Trump’s nascent social-media business soared on Friday after settling fraud charges with the Securities and Exchange Commission, clearing a key hurdle for the hotly-anticipated deal.
Europe might face challenges to its energy security next winter, even after building up inventories, according to the head of the continent’s busiest port.
Commodity giant Vitol Group urged the UK government to add liquidity to the country’s strained energy markets last year in an effort to ease a crisis that threatened to spill into the broader economy.
One shipment was disguised as camera equipment. Another as shiitake mushrooms.
