Sectors
Brazil risks recession as central bank bucks global trend, raises rate
Brazilian President Dilma Rousseff's crusade to win back investor confidence has entrusted policymakers with the tough mission of hiking interest rates while major central banks cut them, raising the prospect of another recession in Latin America's biggest economy.
Cadillac says small SUV at least four years away
General Motors Co's (GM.N) Cadillac brand is at least four years away from introducing a small sport-utility vehicle which is a critical part of expansion plans, the brand's president said on Thursday.
BMW, Volkswagen join with ChargePoint to build EV fast-charging stations
German automakers BMW and Volkswagen (VOWG_p.DE) are joining with ChargePoint to build a U.S. network of fast-charging stations for electric cars and plug-in hybrid vehicles, the companies said Thursday.
Oil settles lower after large U.S. inventory build
Crude oil prices pared early losses but still settled lower on Thursday after a government report showed the biggest build in U.S. crude inventory in at least 14 years.