Hyundai Motor and affiliate Kia Motors promoted younger executives on Friday, in moves analysts said would help smoothen an eventual leadership succession at the family-owned conglomerate.
Regions
Oil edges above $60 as Libyan output slumps
Oil edged above $60 a barrel on Friday as unrest in Libya cut supplies, offsetting a growing supply glut in top consumer the United States and weak imports by Japan.
'Star Trek 3' film to open in U.S. theaters in July 2016
"Star Trek 3," the latest film in the intergalactic franchise featuring Captain Kirk and the crew of the USS Enterprise, will open in U.S. theaters on July 8, 2016, Paramount Pictures said on Tuesday.
Last-minute gift idea: 'Miami Vice' Ferrari on eBay for $1.75 million
Procrastinating holiday shoppers can now grab one of Miami’s most iconic two-seaters: the all-white 1986 Ferrari Testarossa driven by TV cops "Sonny" Crockett and Ricardo "Rico" Tubbs in the hit 1980s series "Miami Vice."
Taylor Swift's '1989' reclaims top of U.S. Billboard 200 chart
Taylor Swift's album "1989" reclaimed the top spot on the U.S. Billboard 200 chart on Wednesday, besting rapper Nicki Minaj's new release "The Pinkprint."
Latest News
"The Interview," the Sony Pictures film about a fictional plot to assassinate North Korean leader Kim Jong Un, opened in more than 300 movie theaters across the United States on Christmas Day, drawing many sell-out audiences and statements by patrons that they were championing freedom of expression.
The dollar edged up against the yen on Friday in light bargain-hunting following two sessions of losses, with some markets slowly getting into gear after the Christmas holiday.
Brent crude futures held above $60 a barrel on Friday as strong U.S. economic data supported the market, but oil prices were track for their fifth straight weekly decline as a building supply glut capped gains.
Microsoft Corp's Xbox Live and Sony Corp's PlayStation Networks experienced user connection problems on Christmas Day, for which a hacker group claimed responsibility.
Patent risk management company RPX Corp said on Tuesday it would buy patents owned by Apple Inc and other firms for $900 million, helping to further scale back lawsuits over smartphone technology.
Germany's HeidelbergCement AG (HEIG.DE) is negotiating to sell Hanson Building Products Ltd, a maker of concrete and clay building products, to private equity firm Lone Star Funds, according to people familiar with the matter.
Bosnian lender Bobar Banka has been shut after its shareholders failed to come up with a recovery plan, the regional banking agency said, leaving its clients, including major state firms, at risk of losing some of their 250 million Bosnian marka ($156 million) in deposits.
Global smartphone leader Samsung Electronics Co Ltd is planning a new product launch next year based on its own Tizen operating system, the South Korean giant's strategic push to free itself from Android and blaze its own software path.
Ukraine's parliament gave preliminary approval on Thursday to a law that would simplify tax legislation and impose additional duties on imports, in an effort to raise revenue amid economic crisis.
