Author: Reuters

BlackRock Inc , the world’s largest asset manager, reported a 23% drop in quarterly profit, as investors pulled money out of its marquee funds and preferred cash management services, while costs rose amid a global economy...

Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as the novel coronavirus epidemic hit demand in the world’s biggest auto...

German carmakers including Volkswagen and Mercedes-Benz will restart production at some German factories next week after the country eased restrictions designed to contain the coronavirus...

Oil prices ticked up on Thursday after sharp losses in the previous session, with investors hoping that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus...

Abu Dhabi’s Etihad Airways has the full support of its state shareholder as it plans a partial resumption of passenger flights from May 1, its chief executive Tony Douglas said on...