DETROIT: Hyundai is recalling its popular Sonata midsize sedan to fix problems with the gear shift levers.The recall covers 883,000 cars from the 2011 through 2014 model years.
SINGAPORE: Singapore Airlines (SIA) said its financial first quarter net profit plunged 71.4 percent from the previous year, weighed down by lower passenger and cargo revenue.
TOKYO: Japan’s All Nippon Airways (ANA) said it had swung back to profitability in the three months to June, largely thanks to an expansion at Tokyo’s second airport and changes to its pension plan.
PARIS: French oil group Total suffered a profit and production setback in the second quarter, it reported on Wednesday but said it expected output to rebound despite uncertainty over the impact of san
PARIS: Airbus Group showed stellar performance in the first half of the year, raising net profits by half with sales of airliners, it reported.
COLOMBO: Sri Lanka’s economy was among the fastest growing in Asia, but it was vulnerable to sudden external shocks due to high levels of foreign commercial borrowings, the IMF said.
SAN FRANCISCO: Twitter Inc's monthly active users rose a better-than-expected 24 percent in the second quarter as the online messaging service mostly succeeded in stemming a dwindling pace of growth,
Profits of the listed petrochemical companies rose by 14.4 percent to SR18.54 billion in the first half of the current year compared to SR16.2 billion in the same period last year, according to a fina
LONDON: Brent crude oil fell toward $107 a barrel as ample supply outweighed concerns over political tensions in the Middle East, Africa and Europe.
LONDON: BP Plc, Europe’s third-largest oil company by market value, reported a 34 percent increase in second-quarter profit while warning that increasing sanctions against Russia could “adversely impa
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