A cyber security firm said that before Hyundai Motor Co fixed the bug in March, the company's vehicles susceptible to theft from high-tech thieves for three months due to software vulnerabilities in a Hyundai app that lets a car be started remotely.   Tod Beardsley, research director with...

Post Brexit, British tourists are now avoiding more expensive foreign trips following a plunge in the pound and holiday cabins in the country are getting filled up. With British consumers seeking ways to make their money go further as rising inflation squeezes their incomes, this turnaround in the...

Tommy Koh, ambassador-at-large for Singapore's Ministry of Foreign Affairs, said that rising protectionism in the West has become a threat to Asia's prosperity.   "I worry about the rise of protectionism and economic nationalism in the U.S. and in Europe. I see this as a direct threat to the...

The clearest signal yet that OPEC plans to extend into the second half of the year a deal with non-OPEC producers to curb oil supplies was given out by leading Gulf oil producers Saudi Arabia and Kuwait.   Saudi Energy Minister Khalid al-Falih said on Thursday that even though there is as...

For years, Danish governments have been keeping a tight lid on immigration under pressure from nationalists.   But the case that more foreign workers are needed is being made far more important after the Finance Ministry of the country that made global headlines by confiscating...

In order to go head-to-head against Tesla Inc's "mass market" Model 3 sedan, Chinese-funded, smart, connected plug-in car start-ups are scrambling to launch cars even though it's not due to arrive in China until next year.   The key is that they will produce their cars locally, making them...

Warning that 2017 could be the toughest year in decades for American firms in the country, a U.S. business lobby said on Tuesday that in order to ensure a level commercial playing field in China, the United States should "use every arrow" in its quiver.   The American Chamber of Commerce in...

A blueprint of how the U.S. National Security Agency likely used weaknesses in commercially available software to gain access to the global system for transferring money between banks was shown by a review of the data, documents and computer files released by hackers, reported Reuters.  ...

With a view to shelving or restructuring them, review billions of dollars' worth of unfinished infrastructure and economic development projects has been ordered by Saudi Arabia's government to its ministries and agencies, reported Reuters citing government sources.   Reuters reported quoting...

Beaten-down sectors such as retail, apparel or biotech are being chosen in place of "Trump Trade" bets on financial and infrastructure stocks by some of the actively managed funds that have performed the best since the Nov. 8 presidential election.   Due to growing doubts the new...

By replacing traditional top-down manufacturing relationships with complex webs of alliances and acquisitions, the race to develop and exploit autonomous vehicle technology is reshaping the hierarchy of the automotive industry.   The rapid transition of self-driving vehicles from research...