A consortium of German premium carmakers has agreed to buy Nokia's mapping business HERE for an enterprise value of $3.07 billion.
European stocks finished higher on Wednesday after a bumper day of earnings, while investors awaited news from a two-day policy meeting of the U.S. Federal Reserve.
Volkswagen posted higher quarterly profit on a strengthening European autos recovery and cost cuts but lowered sales guidance on slowing China demand.
Volkswagen overtook Toyota as the world's largest carmaker by sales in the first half year, its long-held ambition three years ahead of target.
From software companies to drugmakers to fast food chains, economic weakness in China is denting multinationals' financials this earnings season.
A news release revealing Donald Trump's finances also discloses his successes at investing in stocks.
Europe finished higher on Thursday after Greece's parliament approved Prime Minister Tsipras' reforms plan and the ECB extended its emergency funding.
Growing up poor with little opportunity didn't stop Boyce Muse from building a $20M concrete empire. His advice for aspiring entrepreneurs.
European equities pared gains on Wednesday, but ended firmly in positive territory, buoyed by new hopes of a Greek deal.
McLaren's record results show that the market for six- and seven-figure cars remains strong around the world.
After ratings changes on shares of auto giants Ford an GM, "Fast Money" traders gave their outlooks for the stocks.
European equities closed higher on Wednesday after the European Central Bank (ECB) held its key interest rates unchanged.
There's no shortage of luxury vehicle choices, but increasingly the wealthy are opting for high-end SUVs instead of traditional models.
Ford said it would give other automakers access to its electric vehicle technologies to accelerate research and development of such vehicles.
European shares closed higher on Monday after trading in and out of the red during the trading session, amid growing concerns about the future of cash-strapped Greece.
European equities tumbled on Wednesday to close sharply lower as investors reacted to sharp gains in the euro against the dollar.
Europe's earnings season has so far churned out generally upbeat results -- something that could help regional stocks continue to outpace their peers.
Volkswagen increased operating profit in the first quarter on cost cuts and improving European auto demand.
European equities closed higher, with investor sentiment boosted by a reshuffle of the team of Greek officials that are negotiating with its creditors.
Volkswagen said in a statement that Ferdinand Piëch would resign as chairman of the automaker's supervisory board.