Hyundai Motor Co (005380.KS) plans to expand its U.S. factory, three people familiar with the matter said, hoping to ramp up production of sport utility vehicles (SUVs) as lower oil prices boost demand for gas-guzzling trucks.
Audi (VOWG_p.DE) outsold Mercedes-Benz in January as demand in China and the United States helped Volkswagen's flagship division post record sales and analysts said the lead over its German rival may widen.
The world's two top fashion retailers Zara owner Inditex and Hennes & Mauritz reported strong sales growth on Wednesday, benefiting from a recovery in consumer spending in their core markets in Europe.
U.S. electronics retailer RadioShack Corp reported a much bigger-than-expected quarterly loss, hurt by higher promotions in its smart phones and tablets business and weak sales of consumer electronics.
The 16-day U.S. government shutdown in early October appeared to dampen consumers' appetite for new cars, as five of six automakers reporting monthly sales early on Friday missed analysts' expectations.
Whirlpool Corp (WHR.N) said on Tuesday it will buy a majority stake in China's Hefei Rongshida Sanyo Electric Co Ltd (600983.SS) for $552 million as the world's largest maker of home appliances seeks to expand its sales in Asia.
A gauge of U.S. consumer spending rose in July at its fastest pace in seven months, a sign of quicker economic growth that could strengthen the case for the U.S. Federal Reserve winding down a major economic stimulus program.
British insurer Prudential (PRU.L) reported a 22 percent jump in its first-half profits on Monday, underscoring the appeal of its Asian business and bolstering chief executive Tidjane Thiam's decision to bet on the fast-growing region.