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China says concerned about EU protectionism on steel imports

China is greatly concerned about the European Union's protectionist measures against Chinese steel products, the commerce ministry said on Saturday. The ministry was responding to the EU's latest decision to take temporary anti-dumping measures against imports of Chinese seamless steel pipes, based on preliminary

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China says concerned about EU protectionism on steel imports

South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

South Korean prosecutors have questioned the heads of some large conglomerates, including the chairman of Hyundai Motor , and plan to question the de factor head of Samsung Group and others in a probe into a political scandal involving President Park Geun-hye, media reports said on Sunday. A Hyundai Motor spokesman declined…

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South Korea prosecutors question heads of conglomerates in probe over political scandal: Yonhap

U.S. regulator has opened Audi investigation: Bild am Sonntag

A U.S. government regulator has started investigating Volkswagen's Audi brand over a reported discovery of a new cheat software device at the luxury carmaker, Bild am Sonntag reported, without citing the source of the information. The German weekly paper …

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U.S. regulator has opened Audi investigation: Bild am Sonntag

Trump may already have a plan ready to revamp Dodd-Frank

When Jeb Hensarling, the Republican chair of the U.S. House Financial Services Committee, released legislation this summer to weaken the major financial law known as Dodd-Frank, many said it was a prêt-a-porter plan that his party’s nominee, Donald Trump, could easily adopt. Now that Trump is president-elect, he appears to be doing just that. Language about financial services posted on the Trump transition website, www.greatagain.gov, echoes the tone of Hensarling's bill, known

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Trump may already have a plan ready to revamp Dodd-Frank

Toyota to settle U.S. truck rust lawsuit for up to $3.4 billion

(Reuters) – Toyota Motor Corp has agreed to a settlement of up to $3.4 billion for a federal class action brought by U.S. owners of pickup trucks and SUVs whose frames could rust through, plaintiffs lawyers have said in court papers. The proposed settlement covers about 1.5 million Tacoma compact pickups, Tundra full-size pickups and Sequoia SUVs alleged to have received inadequate rust protection that…

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Toyota to settle U.S. truck rust lawsuit for up to $3.4 billion

Japan car makers shuffle output, boost imports to meet U.S. SUV demand

By Naomi Tajitsu and Maki Shiraki TOKYO/MARYSVILLE (Reuters) – Japan's top automakers are shuffling their U.S. product portfolios and resorting to larger imports of popular models there as they scramble to meet booming demand for gas-guzzling SUVs and trucks in the world's No. 2 auto market. Honda Motor Co , Japan's third-largest automaker, said it will begin producing from early …

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Japan car makers shuffle output, boost imports to meet U.S. SUV demand

J.C. Penney’s quarterly comparable sales fall 0.8 percent

(Reuters) – J.C. Penney Co Inc reported a 0.8 percent fall in quarterly comparable store sales on Friday, reflecting weak store traffic, increased price competition from online and off-price retailers and a general shift away from spending on apparel.

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J.C. Penney’s quarterly comparable sales fall 0.8 percent

TomTom targeting deals with U.S. automakers

TomTom has benefited from the formation of the rival Here consortium as automakers not involved in it are keener to do business with the independent mapping operator, its chief executive said on Friday. While its success in winning automotive customers remained “lumpy”, TomTom is focused on winning customers in the United States, …

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TomTom targeting deals with U.S. automakers

OPEC points to even bigger 2017 oil surplus as its output jumps

By Alex Lawler LONDON (Reuters) – OPEC reported an increase in its oil production in October to a record high led by members hoping to be exempt from the producer group's attempt to curb supply, pointing to …

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OPEC points to even bigger 2017 oil surplus as its output jumps

Cyrus Mistry to remain chairman of Tata Steel: TV

NEW DELHI (Reuters) – Cyrus Mistry, who was ousted as Tata Sons' [TATAS.UL] chairman last month, will stay on as chairman of group company Tata Steel , television channel ET Now reported on Friday, citing sources.

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Cyrus Mistry to remain chairman of Tata Steel: TV

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