U.S. automotive parts maker Visteon Corp (VC.N) has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp (018880.KS) to a local private equity firm for $3.6 billion, Korean media reports said.
Sectors
Global 'QE glut' to brim through 2015 as funds swim with the tide
If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now.
Computer spying malware uncovered with 'stealth' features: Symantec
An advanced malicious software application has been uncovered that since 2008 was used to spy on private companies, governments, research institutes and individuals in 10 countries, anti virus software maker Symantec Corp said in a report on Sunday.
EU lawmakers to vote on Google break-up motion on Thursday
EU lawmakers will likely vote on Thursday on a motion proposing the break-up of Google (GOOGL.O) and other Internet technology companies, increasing political pressure on the bloc’s antitrust regulators to take a stronger line on the group.
Recharge your phone in 30 seconds? Israeli firm says it can
An Israeli company says it has developed technology that can charge a mobile phone in a few seconds and an electric car in minutes, advances that could transform two of the world's most dynamic consumer industries.
Latest News
The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. When European Union leaders meet on Dec. 18-19 under new management, they have a chance to launch a joint assault on the economic stagnation and high unemployment that are fuelling disenchantment and anti-EU protest among voters.
Germany's largest airline Deutsche Lufthansa (LHAG.DE) has won a bigger slice of its domestic market in recent months, its chief executive told newspaper Sueddeutsche Zeitung.
With Russia's economy battered by economic sanctions and plunging oil prices, President Vladimir Putin has allowed the central bank to administer strong medicine, sharply raising interest rates even as it freed the rouble to float.
A U.S. judge on Friday gave final approval to Apple Inc's (AAPL.O) agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices.
A planned merger by Switzerland's Holcim Ltd and France's Lafarge to create the world's biggest cement maker might hurt competition in India, the country's antitrust regulator said on Saturday, asking the firms for more details.
Swiss authorities have given Darwin Airline until the end of January to answer more questions about Etihad Airways' plans to buy a third of the Swiss airline before it gives the deal the green light.
SGL Group, the materials supplier for carbon fiber reinforced parts in BMW's electric cars, is in talks with several other carmakers to supply carbon fiber for a wider range of automotive components, its chief executive said.
ThyssenKrupp would consider a sale of the group's military submarine business under certain conditions, the German steel maker's chief executive told daily Sueddeutsche Zeitung.
Australia said on Sunday it would list state-owned health insurer Medibank Private Ltd (MPL.AX) with a market capitalization of A$5.679 billion ($4.9 billion), exceeding the top end of a range indicated in its IPO filing a month earlier.
