Hyundai Motor Co said today its second quarter earnings sank 24 per cent due to a sales drop in China and weakness in other markets due to falling currencies.
Its April-June net income was 1.79 trillion ...
Pearson PLC on Thursday said it would sell FT Group, which includes the Financial Times newspaper, to Nikkei Inc. of Japan for £844 million ($1.32 billion).
The cash sale to the Japanese business ...
The commercial space industry has hit a rough patch. The dramatic June 28 explosion of SpaceX’s Falcon 9 rocket—meant to deliver supplies to the International Space Station (ISS)—was ...
Microsoft Corp.turned in an upside-down financial report for its fiscal fourth quarter, showing weakness in its usually robust corporate-software division but strength in some consumer-technology areas ...
Harley-Davidson Inc.'s market share continues to shrink amid discounting by Japanese rivals.
The Milwaukee-based motorcycle maker, which early Tuesday reported a 15% drop in second quarter profit, said ...
The market for HVAC equipment globally is forecast to reach $155.1 billion by 2022, according to a new report published by Transparency Market Research. The demand for all types of HVAC equipment is expected ...
Huawei Technologies Co. said Wednesday its revenue from mobile handsets rose 87% in the first half of this year, as the Chinese technology giant sold more smartphones in higher price ranges.
In the ...
China has begun building its largest solar power plant in Qinghai province, authorities said.
Occupying 2,550 hectares of the Gobi desert in Golmud city, the plant will have an installed capacity of ...
The exports of Taiwan’s machine tool industry are expected to drop month-by-month this quarter, affected by falling demand in China and Europe, although the demand for Taiwanese robots is to grow ...
Falling domestic demand weighed on Germany's key mechanical engineering sector in May, the VDMA industry federation said Wednesday.
The manufacture of machine tools is a key driver of German industry ...