MOSCOW, RUSSIA: Russia's leading car manufacturer, Avtovaz reversed into a net loss last year because of a sales slump on the Russian market, the company reported last week.
31 Mar 2014 09:15
SAINT PETERSBURG, RUSSIA: President Jacob Zuma and the South African delegation at the G20 summit have concluded their trip to Russia where investment and job creation topped the list of priorities in the joint discussions.
By Chris Bathembu 9 Sep 2013 08:23
PARIS, FRANCE: Global car sales will grow by 4.8% next year pulled by unexpectedly strong demand in China, the credit rating agency Moody's forecast on Wednesday (4 September).
6 Sep 2013 07:30
Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles.
11 Mar 2013 07:32
PARIS, FRANCE: Renault has sold its stake in Swedish truck manufacturer Volvo AB for €1.5bn to cut debt and make strategic investments.
14 Dec 2012 08:24
Barloworld Limited (BAW) announced that its subsidiary‚ Vostochnaya Technica UK Ltd‚ and Caterpillar Global Mining LLC have signed an agreement for Barloworld to acquire the Bucyrus mining equipment sales and support business in Barloworld's service territories within the Siberian and Far East Regions of the Russian Federation.
12 Nov 2012 11:29
Kaspersky Lab, a leading developer of secure content and threat management solutions, has announced a new collaboration with TAG Heuer, the Swiss luxury watchmaker, which, in cooperation with ModeLabs Manufacture, has launched its first luxury touchscreen smartphone TAG Heuer LINK, operating on Android.
1 Dec 2011 11:54
LONDON, UK: North America's switch on to energy efficiency has driven their position in the global renewable M&A market in the last 12 months, and could act as a driver for the region to become the dominant renewables market within three years, according to new analysis by PwC. In Europe, however, regulatory uncertainty clouds European deals.
29 Mar 2011 08:50
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011 11:00
NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.
27 Oct 2010 06:22
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