Volkswagen AG’s boss plans to raise returns by doling out more autonomy to brands like Audi and Skoda, treading familiar territory to make the carmaking behemoth more nimble in tackling future challenges.
Less than a year since taking power, Prime Minister Anwar Ibrahim and his economic reform agenda will soon be put to the test during Malaysia’s first statewide elections under his unity government.
A gas explosion at a restaurant in northwestern China killed 31 people on the eve of a long holiday weekend, causing anger in the Asian nation and President Xi Jinping to call for better safety supervision.
Two top Turkish economic officials are visiting the United Arab Emirates in their first trip abroad since joining President Recep Tayyip Erdogan’s revamped cabinet last month, as the government looks for more foreign cash.
Russia may halt natural gas transport through Ukraine to Europe next year as the governments are unlikely to renew a contract due to the ongoing war, Ukraine’s Energy Minister German Galushchenko told the Financial Times.
Schott AG plans to list its specialty medical-glassware division as soon as September, according to people familiar with the matter, paving the way for one of the biggest German initial public offerings this year.
Indian Prime Minister Narendra Modi’s trip to the US couldn’t have come at a better time. A buzzing economy, equity benchmarks at record highs and a rapidly growing consumer market all make for a great advertisement as he pitches the country’s potential to American corporate executives and investors.
New Zealand Prime Minister Chris Hipkins said he wouldn’t characterize Chinese President Xi Jinping as a dictator, disagreeing with US President Joe Biden.
The prices for flats in Switzerland have shifted upwards in the past year and the potential overpricing now tops pre-pandemic levels, Swiss National Bank said.
Morocco gets investment from Western and Chinese firms to manufacture on Europe’s doorstep — and seeks to avoid picking sides in new Cold War
