US carmaker Ford is pushing ahead with plans to move some production to Mexico despite a threat by President-elect Donald Trump to impose hefty tariffs. Ford chief executive Mark Fields said it was...
The number of million-pound houses rose in the first half of the year – but the increase coincided with a fall in the average price of high-end properties. The number of homes selling for at least...
Bank of England governor Mark Carney says he will step down in June 2019. It means he will serve one year more than the five he had committed to, but will still be two short of the usual eight years...
China's economy grew at an annual rate of 6.7% in the three months to September, government data showed, a sign that growth is stabilising. The figure was the same rate as the previous two quarters,...
The oil industry has a history of boom and bust cycles; this makes the product appealing to spread bettors and investors who are confident of predicting when downswings and upswings are looming. Low...
House price growth slowed in September in the latest sign of the market coming off the boil after the Brexit vote. Prices rose by 5.3% compared with the same month last year, according to figures...
U.S. shares market whipsawed in the wake of hawkish Fed comments that have led traders to price in an interest rate hike when the Fed meets September 20-21, to determine interest rate policy. Fed...
The former chief economist of the International Monetary Fund has told the Amira News a slowdown in China is the greatest threat to the global economy. Ken Rogoff said a calamitous "hard landing" for...
A Volkswagen engineer has pleaded guilty to involvement in the German carmaker's diesel emissions scandal. He is the first to be charged as part of the US Justice Department's year-long criminal...
Samsung is suspending sales of its Galaxy Note 7 smartphones after some of the batteries exploded. Some buyers reported their phones caught fire or exploded while they were charging, and Samsung...
American Airlines president Scott Kirby is moving to rival United Continental to take up the same job. Mr Kirby had been seen as a future chief executive of American Airlines, but instead will move...
Japanese stocks are falling after the yen surged to more than 100 per dollar for only the second time this year. It is currently at 100.30 per dollar after a senior US central bank official indicated...