Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas.
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Samsung Elec overtook Apple as top smartphone maker in first quarter: Strategy Analytics
Samsung Electronics Co Ltd (005930.KS) overtook Apple Inc (AAPL.O) to recapture the title of world's top smartphone maker by volume in the first quarter of 2015, research firm Strategy Analytics said on Wednesday.
U.S. economy poised to thaw after winter chill
U.S. economic growth likely braked sharply in the first quarter as harsh weather dampened consumer spending and energy companies struggling with low prices cut spending, but there are signs activity is picking up.
Profit beat wins VW respite after boardroom clash
Cost cutting and an improving European car market helped Volkswagen (VOWG_p.DE) beat first-quarter profit forecasts, easing the pressure on management following the shock ouster of long-standing chairman Ferdinand Piech.
Eurogroup's Dijsselbloem says Greece will not make it without aid
The head of the Eurogroup said on Tuesday that a recent shakeup of Greek Prime Minister Alexis Tsipras' negotiating team would not by itself resolve the impasse between Greece and its creditors, and Athens would need new loans to stay afloat.
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Investors will rake in more than $1 trillion in 2015 as U.S. companies increase stock buybacks and boost dividends, Goldman Sachs Group Inc said, with benefits coming soon as many S&P 500 companies exit a blackout period for repurchases next week.
The Dow and S&P 500 ended a volatile session higher on Tuesday, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell with Apple.
Twitter Inc (TWTR.N) posted quarterly revenue that missed Wall Street targets and cut its full-year revenue forecast due to weak demand for its new direct response advertising, sending its shares down as much as 24 percent on Tuesday.
China overtook France last year as the world's second largest wine grower by area under cultivation as it continued to plant vast fields of mostly imported grape vines to meet growing demand.
Around half of investors expect Greece to leave the euro zone within the next 12 months, a survey by German research group Sentix showed on Tuesday.
U.S. Agriculture Secretary Tom Vilsack on Monday asked China to drop a ban on imports of U.S. poultry imposed because of an outbreak of bird flu in chickens and turkeys.
Japan should aim to make nuclear energy account for between 20 and 22 percent of the country's electricity mix by 2030, with renewable energy making up slightly more, the industry ministry said on Tuesday.
Chipotle Mexican Grill Inc on Monday said the 46 ingredients used in its roughly 1,800 restaurants were now free of genetically modified organisms, becoming the first major U.S. restaurant chain to make that switch.
Ford Motor Co (F.N) reported a first-quarter profit that was less than analysts expected, selling fewer vehicles in North America as it worked to increase production of the redesigned F-150 pickup truck, and losing money in South America.
