Economy

DETROIT: US auto sales in the third quarter were the best in eight years, but mixed September results from leading automakers indicated the industry’s torrid summer pace is slowing.Industry sales in...
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Haj: Mobily offers free Wi-Fi network in more than 1,300 sites

For the eighth consecutive year, Mobily is providing free Wi-Fi service for the pilgrims, after having completed the expansion of the Wi-Fi network coverage in Mina, Arafat and Muzdalifah covering mor





Dollar breaks 110 yen barrier for first time in 6 years

TOKYO: The dollar broke the 110 yen barrier for the first time in more than six years on Wednesday, following a string of generally upbeat US data and expectations of more Bank of Japan monetary easin



Saab sheds nearly third of staff

STOCKHOLM: Swedish auto maker Saab, struggling to resolve serious financial difficulties by attracting new investors, said it had shed 155 workers, close to a third of its workforce.



Ford adding 1,000 new jobs in Canada

OAKVILLE, Ontario: Ford Motor Co. of Canada says it is adding 1,000 jobs at its plant in Oakville, Ontario, by the end of this year to build the 2015 Ford Edge crossover SUV for the global market.



Maruti recalls nearly 70,000 cars over faulty wiring

NEW DELHI: India’s biggest carmaker Maruti Suzuki India announced that it was recalling almost 70,000 of its popular sedans and hatchbacks due to a wiring problem.




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