As a result of a probe that stemmed from regulators' investigation of rival Volkswagen AG, Fiat Chrysler Automobiles NV has been accused of illegally using hidden software to allow excess diesel emissions to go undetected by the U.S. Environmental Protection Agency.   Since the maximum fine...

Drugs stocks were sent sharply lower after U.S. President-elect Donald Trump promised to change the pharmaceutical companies’ policy and rate of what they charge the government for medicines and said that the companies are "getting away with murder".   After his remarks at a news conference...

Cannabis stock has seen "amazing performance," is what one investor recently noted when being quoted in the media in relation to the relaxation for laws for the weed.   Cannabis production was described as a "professionalized industry that's becoming a real big market" by Juan Sartori,...

As demand for the fuel improves in the infrastructure, construction, mining and oil and gas exploration sectors, Asian refiners' profit margins from producing diesel in 2017 may rise for the first time in four years.   Analysts and traders said that higher margins would be spurred by a...

The U.S. equity strategists got one thing right about 2016: where the S&P 500 Index would end up, even though they didn’t exactly nail every detail.   In fact, comparing Bloomberg data going back to 2000, their accuracy in predicting the annual gain of 9.5 percent is unprecedented. as...

The head of the Trades Union Congress has urged that the tide in an increasingly precarious jobs market would be turned if the working people in Britain were to get a “new bargain” in 2017 that gives them a fairer share of the country’s economic gains.   In her new year’s message, Frances...

Virtual reality (VR)   startups are now hoping it will transform their market in the same manner that the development of serialized content had transformed traditional entertainment media.   The so called first animated science-fiction VR series is being developed by Warrior9, a...

U.S. politics would significantly decide on whether the emerging markets can be good investment opportunities next year.   Citing stronger growth in some of the countries, relative political stability and positive company earnings, analysts have said they foresee an improvement in emerging...

Contemporary Amperex Technology Ltd (CATL) poised to go from hometown hero to national champion, and beyond in China even as a dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of such a potential company.   This...

An initial public offering that could value the unit at up to $5 billion was being planned by Chinese internet giant Baidu Inc. for its video-streaming site iQiyi.com, the media reported quoting people familiar with the matter.   The sources reportedly said that next year, Baidu is...

According to data from JP Morgan Asset Management, since the collapse of Lehman Brothers in September 2008, the top 50 central banks around the world have seen a total of 690 interest rate cuts.   Analysts have warned that central banks may start to run out of ammunition soon while this...