The unintended casualties of a crackdown by the bank on illicit money flows have been companies that have had accounts closed or frozen by HSBC in the last two months, and includes an avocado importer, an e-cigarette seller and a toilet-cleaning gun maker reported Reuters.   With some unable...

The United States is one of the Korean automaker' – Hyundai Motor’s most important markets and as part of a broader plan to catch up with the consumer and industry wide trend of a shift away from sedans, the Korean company now plans to launch a pickup truck in the U.S., according to a senior...

As Hyundai Motor Co seeks to catch up to Tesla and other rivals, the company said on Thursday that it was placing electric vehicles at the center of its product strategy - one that includes plans for a premium long-distance electric car.   As Tesla shot to prominence and battery-powered cars...

Even as the government and rivals race to carve up insolvent Air Berlin, media reports quoting people familiar with the matter said that Germany's Lufthansa is considering buying a majority of insolvent Air Berlin's aircraft.   After shareholder Etihad Airways withdrew funding following...

U.S. companies doing business with them would not be punished for also working with Doha, four Arab countries that imposed sanctions on Qatar have told the United States, reported Reuters citing information from four sources with knowledge of the matter.   Due to concerns they could fall...

While the future of Toshiba Corp remains uncertain with no progress in talks to sell its chips unit for much-needed cash, but after its auditor signed off on its financial results albeit with criticism of its governance, the Japanese conglomerate has likely avoided immediate delisting.  ...

After the U.S. technology giant Microsoft agreed to change how it delivers security updates to Windows users, the Moscow-based cyber security firm Kaspersky Lab has said that it was ready to withdraw its antitrust complaints made in Europe against the U.S company.   It is almost a year that...

As part of an alliance that will also see the Japanese automakers jointly develop electric vehicle technologies, Toyota Motor Corp and Mazda Motor Corp plan to build a $1.6 billion U.S. assembly plant, the two said on Friday.   Extending its dominance in Japan's auto sector. Mazda will take...

Apple Inc stocks were driven 6 percent high an all-time high in after-hours trading after the company signaled that its upcoming 10th-anniversary phone lineup is on schedule and delivered surprisingly strong fiscal third-quarter earnings.   After the company reported better-than-expected...

Concerns over how fast the Japanese conglomerate Toshiba Corp can plug a multi-billion-dollar balance sheet hole left by the collapse of its U.S. nuclear business were raised after stalling of the company’s talks to sell its prized memory chip business.   Toshiba is the world's...

As the electric car maker Tesla ramps up production of its new mass-market Model 3 sedan, Chief Executive Elon Musk warned that the electric carmaker would face "manufacturing hell” following which there was a drop of 3.5 percent in the shares of the company.   As he handed over the first 30...