Sectors
VW to spend $1 billion on Mexico assembly plant expansion for Tiguan
German carmaker Volkswagen will invest about $1 billion to expand its vehicle assembly plant in Mexico's Puebla state and prepare it for production of the new Tiguan compact crossover SUV, the company said on Monday.
Brent slips toward $58 on firm dollar; China data checks losses
Brent crude fell towards $58 a barrel on Tuesday as the dollar scaled multi-year highs, but data showing a recovery in China's annual consumer inflation checked losses.
EU nears deal on $338 billion plan to tackle drop in investment
EU finance ministers agreed the details of a 315 billion euro ($338 billion) investment plan on Tuesday to help revive the European economy without piling up more debt, and now aim to get the first projects going by the end of the year.
Mall owner Simon pushes rival Macerich to do a deal
Simon Property Group Inc (SPG.N) offered to buy Macerich Co (MAC.N) for $14.39 billion in a deal that would join the No. 1 and No. 3 U.S. shopping mall owners.