Tips & Advice

Volkswagen China growth slows to 10 percent due to capacity limits
Tips & Advice

Volkswagen China growth slows to 10 percent due to capacity limits

Volkswagen AG's (VOWG_p.DE) growth in China is expected to slow to around 10 percent this year from 16 percent in 2013 due to a conservative strategy that has limited its production capacity, the head of its Chinese operations said on Tuesday.

By SAMUEL SHEN AND MATTHEW MILLER

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U.S. fracking firms stay in top gear despite oil price slump

U.S. fracking firms stay in top gear despite oil price slump

Unfazed by slumping oil prices and battering in the stock market, firms that supply sand and guar gum for shale oil and gas companies are not ready yet to call an end to a four-year boom spurred by hydraulic fracturing technology.

By EDWARD MCALLISTER

Tesla third-quarter loss doubles to $75 million, shares jump

Tesla third-quarter loss doubles to $75 million, shares jump

Tesla Motors Inc (TSLA.O) shares rose more than 7 percent in after-hours trading on Wednesday after the electric-car maker beat analysts' expectations for third-quarter results.

By BERNIE WOODALL AND PAUL LIENERT

U.S. private sector creates 230,000 jobs in October: ADP

U.S. private sector creates 230,000 jobs in October: ADP

U.S. private employers added 230,000 jobs in October, the most since June and exceeding economists' expectations as mid-sized businesses added the most workers in more than seven years, a report by a payrolls processor showed on Wednesday.

By Dan Burns; Editing by Chizu Nomiyama

U.S. opens probe into Honda reporting of Takata air bag failures

U.S. opens probe into Honda reporting of Takata air bag failures

The U.S. National Highway Traffic Safety Administration said on Monday it will examine whether Honda Motor Co Ltd (7267.T) failed to report deaths or injuries involving air bags that are now part of a sweeping federal review.

By ERIC BEECH AND PATRICK RUCKER

Daimler buys into Agusta as motorbike and car tech converge

Daimler buys into Agusta as motorbike and car tech converge

Daimler AG (DAIGn.DE) will buy 25 percent of Italian motorcycle maker MV Agusta IPO-MVAG.MI - the latest sign that motorbike and car technologies are converging, driven by a push to lower emissions and improve safety.

By EDWARD TAYLOR

Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

Exclusive: Ford to overhaul Lincoln brand, this time with big bucks

Ford Motor Co's (F.N) new chief executive, Mark Fields, is giving the automaker's long-moribund Lincoln brand what his predecessor Alan Mulally never could: a little love and a lot of cash.

By PAUL LIENERT AND BERNIE WOODALL

Microsoft sales beat Street hopes, cloud profits up

Microsoft sales beat Street hopes, cloud profits up

Microsoft Corp (MSFT.O) reported higher-than-expected quarterly revenue, helped by stronger sales of its phones, Surface tablets and cloud-computing products for companies, while keeping its profit margins largely intact.

By BILL RIGBY