Author: Reuters

General Motors Co on Wednesday swung to a quarterly profit thanks to high-margin pickup trucks and crossovers in the U.S. market plus cost cutting and maintained its full-year 2019 earnings forecast, sending its shares up nearly...

Siemens and Alstom’s plan to create a European rail champion collapsed on Wednesday after EU regulators blocked the deal, prompting Germany and France to call for an overhaul of EU competition policy to better meet global...

The U.S. trade deficit narrowed sharply in November amid declines in imports of cellphones and petroleum products.

Japan’s SoftBank Group Corp announced a $5.5 billion share buyback on Wednesday as it reported a 60 percent increase in quarterly operating profit buoyed by rising valuations for its technology...

General Motors Co on Wednesday swung to a quarterly profit from a year-earlier loss as profitable pickup trucks and crossovers in the U.S. market, combined with cost-cutting, helped offset lower overall...