[ad_1] (Reuters) – A U.S. appeals court restored a $210 million nationwide class-action settlement for hundreds of thousands of owners of Hyundai Motor Co and Kia Motors Corp vehicles whose fuel economy estimates were inflated.
Louis Vuitton sees demand in mainland China picking up steam
[ad_1] PARIS (Reuters) – Louis Vuitton, LVMH’s biggest sales driver, has beefed up stocks of its handbags and other luxury wares to feed its growing online business in mainland China, as Chinese consumers spend more
BMW sells cars globally despite tariffs, no reason to change Mexico plans: board member
[ad_1] FILE PHOTO: The BMW logo is seen on a car in Nice, France, April 8, 2019. REUTERS/Eric Gaillard/File Photo SAN LUIS POTOSI, Mexico (Reuters) – BMW sees no reason to change its plans for
Google to buy analytics software firm Looker for $2.6 billion
[ad_1] (Reuters) – Alphabet Inc’s Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive
U.S. trade deficit narrows in April; labor market strong
[ad_1] WASHINGTON (Reuters) – The U.S. trade deficit unexpectedly narrowed in April as imports of goods dropped to a 15-month low, which could support the economy as it slows after a temporary boost from exports
Ford to close Wales engine plant in 2020: union
[ad_1] LONDON (Reuters) – Ford will close its engine plant in Bridgend, south Wales, by September 2020, a trade union said on Thursday, putting 1,700 jobs at risk in the latest blow to Britain’s car
Exclusive: Deutsche Bahn reviewing consultancy contracts granted to ex-managers – sources
[ad_1] BERLIN (Reuters) – Deutsche Bahn is reviewing consultancy contracts granted to former managers without the knowledge of the state-owned railway operator’s supervisory board, three people familiar with the matter told Reuters on Thursday. FILE
DHFL shares tank on rating cuts, fan fears of shadow banking crisis in India
[ad_1] BENGALURU/MUMBAI (Reuters) – Shares of Indian mortgage lender Dewan Housing Finance Corp Ltd (DHFL) plunged as much as 18% on Thursday after two major credit ratings agencies categorised the company’s commercial paper at default
Will Europe’s clampdown on faulty medical devices hurt patients?
[ad_1] BERLIN (Reuters) – When a Californian company founded by a U.S. veteran wounded in Afghanistan sought to register a new medical device this year, it turned to Europe before the United States. The European
‘Peppa Pig’ owner Entertainment One denies reports of Mark Gordon’s exit
[ad_1] (Reuters) – Entertainment One Ltd, which makes the popular children’s TV show Peppa Pig, denied reports that president and award-winning producer Mark Gordon was leaving, sending the company’s shares up as much as 17%.