Britain said Wednesday it will outlaw the sale of new diesel and petrol cars and vans from 2040 in a bid to cut air pollution but environmental groups said the proposals did not go far enough.
Coca-Cola saw profits drop sharply due to sales of bottling facilities as it moved to expand offerings of low-sugar and non-carbonated beverages amid flagging demand for sweet sodas, the company said Wednesday.
Britain’s economy grew by 0.3 percent between April and June, a slight increase compared with the first quarter of the year, the Office for National Statistics said on Wednesday.
Nintendo said Wednesday it swung back to profit in the three months to June as the Switch console made more inroads into the global game market.
French automaker Peugeot Citroen (PSA) said Wednesday it made a record net profit of 1.26 billion euros ($1.46 billion) in the first half of the year, boosting its operating margin to record levels despite increases in supply costs.
A Volkswagen executive charged with fraud and conspiracy for his part in covering up the “dieselgate” emissions-cheating scandal has agreed to plead guilty, US officials said Tuesday.
President Donald Trump once again lashed out at the EU on Tuesday for what he called its “protectionist” trade practices, and indicated the United States will focus on a major deal with Britain.
Airlines will need 637,000 new pilots over the next 20 years to keep pace with the growth of global air traffic, Boeing reported Tuesday in an annual report on the subject.
General Motors reported a big drop in second-quarter earnings Tuesday on one-time restructuring costs in international markets, as car sales dipped in the cooling North American market.
US fashion brand Michael Kors on Tuesday agreed to buy British shoemaker to the stars Jimmy Choo for almost £900 million ($1.2 billion, 1.0 billion euros).
India’s stock markets hit record highs on Tuesday with the National Stock Exchange’s much-watched Nifty index breaking the psychological 10,000 point mark for the first time as traders take heart from economic reforms.