While stopping short of asking for a specific reduction in the requirements for 2025, troubled by the costs that would be onerous and the standards would not reflect how cheap gas prices are affecting consumer demand, automaker trade groups told U.S. regulators they should revise fuel efficiency...

While saying that the generally positive outlook for East Asia and Pacific was clouded by risks such as rising trade protectionism and geopolitical tensions, the World Bank raised its economic growth forecasts for the developing region for this year and 2018.   With an overall grow 6.4...

Marking its first foray into Asia with its products Echo speaker and Alexa smart personal assistant, Amazon is bringing them to India and Japan, the company said on Wednesday.   Alexa and Echo are scheduled to come to Japan later this year while the products are now available by invitation...

Setting the world’s largest luxury-car maker up to battle with battery-car specialist Tesla Inc. on its home turf, Daimler AG plans to spend $1 billion to start production of Mercedes-Benz electric vehicles at its Alabama factory.   The company said in a statement that more than 600...

Warning that governments will shut them down if they grow too large, JP Morgan Chase Chief Executive Jamie Dimon has laid into bitcoin and digital currencies once again.   "Right now these crypto things are kind of a novelty. People think they're kind of neat. But the...

According to the results of a survey published on Friday, bolstered by manufacturers, who had their best month since early 2011, Euro zone private businesses ended the third quarter with much stronger growth than predicted.   Expectations that the European Central Bank will announce plans...

Driven by low-cost carriers making travel more accessible in the Southeast Asian regions, in what is being touted as the largest jump of any global region, Boeing Co said on Friday it had increased its 20-year forecast for the regions’ demand by 460 aircraft.   Basing its predictions on an...

Driven by better designs and lower prices, best chance yet to conquer developed markets has been presented to Asian rivals of iPhone maker Apple by slowing innovation at the U.S. giant, retailers and consumers say.   Phones from China’s Huawei and Oppo, and Samsung Electronics already...

According to a Reuters survey of firms employing the bulk of workers in international finance in Britain, if the UK is denied access to Europe’s single market, around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years.   The survey showed that with...

Expanding from the continent’s cities to its motorways is the battle over how and where Europeans charge their electric cars.   While advances in electric vehicles means where they build them is changing, in the fast-growing business of charging stations, power utilities, tech start-ups and...

In the forthcoming months, people and investors can expect a rate rise in the U.K. said the Bank of England, even though it has left the rate steady in its announcement on Thursday.      The Monetary Policy Committee (MPC) noted that a strengthening economy and inflationary...