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Government to continue Rs 3,300/ton sugar export subsidy for April-May

published about 1 hour ago
Government has decided to continue with the export subsidy of Rs 3,300 per tonne on raw sugar shipments for the April-May period.

BMW in final stages of decision on potential new factory

published about 1 hour ago
BMW in final stages of decision on potential new factory
Germany's BMW is getting closer to deciding whether it will build a new factory, its board member Ian Robertson said on Sunday, as the luxury carmaker expands capacity to meet demand in key markets. "We are in the final stages of deciding where the plant will be," Robertson told reporters at the Auto China show in Beijing on Sunday. Robertson said several locations were under consideration, though he declined to elaborate. Earlier this year, BMW said it planned to expand ... more

General Mills Reverses Itself on Consumers’ Right to Sue

published about 3 hours ago
The company had a change of heart after consumers had a negative reaction to its new arbitration rules.

Hyundai Motor unveils small SUV concept for China, to launch this year

published about 3 hours ago
Hyundai Motor unveils small SUV concept for China, to launch this year
By Hyunjoo Jin SEOUL (Reuters) - South Korea's Hyundai Motor on Sunday unveiled its small sport utility vehicle (SUV) concept targeted at the Chinese market, planning to join a flurry of rivals in tapping the growing segment in the world's biggest market. Hyundai said it had picked popular Korean actor Kim Soo-hyun to promote the subcompact SUV ix25, to capitalize on the Korean pop culture boom in wooing Chinese customers aged between 25 and 35. Small SUVs are a bright ... more

Daimler sees double-digit percent growth in China sales in 2014

published about 3 hours ago
Daimler sees double-digit percent growth in China sales in 2014
Germany's premium carmaker Daimler expects to grow its sales in China, the world's largest auto market, by double-digit percentages this year, Chief Executive Dieter Zetsche on Sunday. Growth is expected to ramp up further in 2015 after production of the new C-Class sedan starts in China in the third quarter of this year, said Hubertus Troska, a Daimler board member responsible for greater China. For its Mercedes-Benz cars, growth will come mainly from expanding in smaller Chinese cities.


France's SFR Plans Network-Sharing Venture With Vodafone

published about 12 hours ago
French mobile-phone operator SFR plans to link up with U.K. operator Vodafone Group PLC in a network-sharing venture, according to SFR's chief executive.

Volkswagen Seeks to Boost China Sales

published about 16 hours ago
Europe's largest carmaker Volkswagen AG said it aims to sell more than 3.5 million vehicles in China this year, after sales there accounted for more ... more

Caterpillar Seeks to Close Plant in France

published about 16 hours ago
Caterpillar, continuing a global cost-reduction drive, is seeking to stop production at its plant in Rantigny, France, about 40 miles north of Paris, and sell ... more

Geely Says Volvo Technology, New Strategy Can Get It on Track

published about 16 hours ago
Zhejiang Geely Holding Group Chairman Li Shufu said Saturday his Chinese mass-market auto brand Geely can use technology from his Volvo brand and a newly ... more

GM Sales Rise Despite Controversy

published about 18 hours ago
The head of General Motors Co.'s North American operations, Alan Batey, said April U.S. Vehicle sales are on pace for "a good month."
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Samsung Gear Fit is geared for exercise but uncomfortable and pricey

published about 16 hours ago
Samsung Gear Fit is geared for exercise but uncomfortable and pricey
An uncomfortable design, a steep price and a lack of features make Samsung's Gear Fit a device users should avoid.

Record labels sue Pandora over vintage song royalties

published 1 day ago
Companies want payout on recordings made before 1972 Online radio service Pandora is being sued by a group of record labels seeking payout for songs ... more

Venture capital spending at highest level since end of dot-com bubble

published 1 day ago
Venture capital spending at highest level since end of dot-com bubble
Across Silicon Valley, venture capitalists and entrepreneurs are busy chanting: "Not a bubble. Not a bubble. Not a bubble."

RadioShack cuts price of iPhone 5s to $99

published 1 day ago
RadioShack cuts price of iPhone 5s to $99
If you're looking to buy the iPhone 5s for cheap, RadioShack is the place to go.

UberX raises prices by $1 per ride with new safety fee

published 1 day ago
UberX raises prices by $1 per ride with new safety fee
UberX rides just became $1 more expensive.

4 Dow Stocks Under Accumulation

published about 13 hours ago
4 Dow Stocks Under Accumulation
The choppy nature of the 1st quarter is not surprising after the action in 2013. The sharp declines in the Nasdaq 100 and biotechnology stocks ... more

The Wealthiest Are Getting Wealthier Three Times Faster Than Any Other Group

published about 16 hours ago
The denizens of Forbes' 400 Rich List and Billionaire's Row would have been ecstatic yesterday when French economist Thomas Piketty, much-heralded author of " Capital ... more

Iran says plane at airport leased to Ghana after US-flagged plane sighting

published about 17 hours ago
Iran says that a plane which landed in Tehran airport flying the American flag was leased to Ghana's presidential office and carrying a business delegation ... more

VW to keep adding Chinese capacity amid double-digit growth

published about 21 hours ago
VW to keep adding Chinese capacity amid double-digit growth
Volkswagen will keep adding capacity in China as the German group is counting on double-digit growth in the biggest auto market, helped by strong economic ... more

Lenders Ease Mortgage Rules in Hunt for Business

published 1 day ago
Mortgage lenders are beginning to ease the restrictive lending standards enacted after the housing boom turned to bust, a sign of their rising confidence in ... more

Retiring: Taking a Job Out of the Financial Equation

published 1 day ago
Retiring: Taking a Job Out of the Financial Equation
As they tackle numerous financial issues, some baby boomers considering retirement are hiring life counselors to help them plot their futures.

Shortcuts: As Data About Drivers Proliferates, Auto Insurers Look to Adjust Rates

published 1 day ago
As insurers embrace big data, your premiums may go up or down based not only on your driving record, but also your voting record and ... more

It’s the Economy: How Payday Lenders Prey Upon the Poor — and the Courts Don’t Help

published 1 day ago
It’s the Economy: How Payday Lenders Prey Upon the Poor — and the Courts Don’t Help
A $600 loan and the struggle to even the playing field between businesses and their customers.

Mortgages: Sign on the Digital Dotted Line

published 2 days ago
Mortgages: Sign on the Digital Dotted Line
Technology for paperless closings has long been available, an now lenders have new incentives to adopt it.

Motherlode Blog: What to Do When Your Child Wants Marijuana Stocks

published 2 days ago
Motherlode Blog: What to Do When Your Child Wants Marijuana Stocks
If we don’t want our kids consuming marijuana, does that mean that they shouldn’t try to make money from it either? Three things to think ... more