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  • China protectionism threatens commodity imports Thursday, 13 Nov 2014 | 6:20 PM ET

    Businesses are complaining about Beijing's use of non-tariff barriers from customs clearance to quality restrictions to curb raw material imports.

  • BOSTON, Nov 13- Two U.S.-based groups representing some of the world's biggest automakers have agreed on privacy standards for securing vast quantities of data generated by the dozens of tiny computers and tracking systems used in modern vehicles. Senator Edward Markey, a Massachusetts Democrat, said automakers should allow customers to opt out of having...

  • SHANGHAI, Nov 14- As China lobbies world leaders to back its free trade plan at an Asia-Pacific summit this week, businesses are complaining about Beijing's use of non-tariff barriers from customs clearance to quality restrictions to curb raw material imports. After months of lobbying by the China National Coal Association to limit imports, Beijing also...

  • The European staples resisting Russia's downturn Thursday, 13 Nov 2014 | 2:20 AM ET
    A Carlsberg advertisement

    Fears that Russia's economic downturn will ravage European multinationals may have been overstated in some cases, with companies that sell beer and soap defying expectations.

  • BERLIN, Nov 12- Volkswagen AG's U.S. division said Wednesday it has agreed to steps that could allow for union representation at its plant in Chattanooga, Tennessee, where the United Auto Workers has unsuccessfully tried to organize workers. The Chattanooga plant is the only major factory in VW's global network of over 100 facilities that lacks representation...

  • Nov 12- Shares of Axalta Coating Systems Ltd, a car paint company sold by DuPont to Carlyle Group LP, rose as much as 7.4 percent in their trading debut, valuing the company at about $4.8 billion. DuPont sold Axalta to Carlyle for $4.9 billion in cash in February 2013, a move that activist investor Nelson Peltz criticized two months back. Peltz, who is pushing DuPont to...

  • Nov 11- The United Auto Workers expect Volkswagen AG to announce soon a policy change that would allow for union representation at the company's plant in Chattanooga, Tennessee, where the union has faced challenges organizing workers. Earlier this year, the UAW lost a vote to represent about 1,500 workers at the Chattanooga plant but the union still claims it...

  • BERLIN, Nov 11- Volkswagen's bid to increase its stake in a lucrative joint venture with Chinese partner FAW has stalled just as the German automaker is stepping up expansion in its biggest market, company sources said. The setback to VW's ambitions in China, where it sells nearly 40 percent of its vehicles, comes as Beijing seeks to promote national champions...

  • Shampoo to start-ups: J&J joins tech frenzy Friday, 7 Nov 2014 | 11:28 AM ET

    Johnson & Johnson is partnering with Plug and Play's Internet of Things Accelerator, joining Bosch and State Farm in the start-up hunt.

  • LONDON, Nov 7- Two of Ford Motor Co's top executives will switch positions, the U.S. carmaker said on Friday, as new boss Mark Fields looks to develop senior managers. Jim Farley, global head of marketing, sales and services, will swap jobs with Stephen Odell, Ford's regional chief for Europe, the Middle East and Africa, effective Jan. 1. Europe is struggling to emerge from...

  • Nov 5- Canadian auto parts maker and contract vehicle manufacturer Magna International Inc reported a 47 percent jump in third-quarter earnings that beat analyst expectations Wednesday, boosted by strong demand in North America. Adjusted earnings before interest and taxes in North America, the company's biggest market, grew to $470 million in the quarter...

  • Nov 5- Canadian auto parts maker and contract vehicle manufacturer Magna International Inc reported a 47 percent jump in third-quarter earnings, boosted by strong demand in North America. However, the number of vehicles Magna manufactures in Europe is higher than that in North America, underscoring the region's importance. The impact of lower sales in Europe...

  • FRANKFURT, Nov 4- BMW AG has quietly throttled back its expectations for car sales this year, despite reporting a forecast-beating operating profit in the third quarter, when strong demand for sports utility vehicles helped offset lackluster sales of electric cars. While BMW Group is sticking to its goal of selling more than 2 million cars this year, Chief...

  • FRANKFURT, Nov 4- German luxury carmaker BMW AG posted third-quarter operating profit well above expectations on Tuesday thanks to strong demand for its sports utility vehicles. BMW has bet big on electric vehicles and small city cars such as the Mini. In the third quarter, sales of BMW branded cars rose 6.9 percent, as demand for X1, X4 and X5 sports utility...

  • *Audi backs 8-10 pct FY profit margin range. Audi is spending over 1 billion euros on new plants in Mexico and Brazil, and may for the first time build more cars outside Germany than within its home country in 2014.. Still, some 22 billion euros of planned spending on models, plants and technology through 2018 means Audi's operating margin may return to its 8-10...

  • The German auto maker's move demonstrates a desire to "embed us more deeply in China, to make cars best suited to China," Hubertus Troska, Daimler's China head, told Reuters. Its focus on Chinese tastes should help Mercedes-Benz catch up in the local luxury car segment with Volkswagen AG's Audi and BMW, he said. Researcher LMC Automotive projects Mercedes-Benz to...

  • The German auto maker's move demonstrates a desire to "embed us more deeply in China, to make cars best suited to China," Hubertus Troska, Daimler's China head, told Reuters. Its focus on Chinese tastes should help Mercedes-Benz catch up in the local luxury car segment with Volkswagen AG's Audi and BMW, he said. Researcher LMC Automotive projects Mercedes-Benz to...

  • SEOUL, Nov 3- When he attended design preview meetings for the Genesis luxury sedan, Hyundai Motor heir-apparent Chung Eui-sun suggested features he'd seen on high-end European rivals, such as a pop-up navigation screen and a gearshift that rises and retracts. But the ideas faced opposition from engineering chief Yang Woong- chul, who was worried about the...

  • *Q3 oper profit jumps 16 pct to 3.23 bln euros. BERLIN, Oct 30- Volkswagen's third-quarter earnings jumped as profit margins at its main passenger-car division rose for the first time in almost two years, adding to record sales of luxury Audis and Porsches. While sales at Audi and Porsche- which account for two-thirds of group profit- have been rising all year, they...

  • European shares close higher; Alcatel-Lucent up 16% Thursday, 30 Oct 2014 | 12:42 PM ET

    European stocks ended the day higher on Thursday, as traders digested Wednesday's policy moves from the U.S. Federal Reserve.