Nissan's decision to axe planned production of the X-Trail SUV in the Brexit-backing city of Sunderland is a heavy blow to the British auto sector, which repeatedly warned against quitting the EU. The Japanese carmaker revealed Sunday that the crossover vehicle would no longer be...

Asia stocks hovered near four-month highs on Monday after a mixed performance on Wall Street at the close of last week, while the dollar firmed against the yen following strong U.S. employment and manufacturing data. Spread-betters expect European markets to start on a cautious note, with...

nternational benchmark Brent crude traded at $62.90 per barrel at 06.39 GMT on Monday while American benchmark West Texas Intermediate (WTI) saw prices of $55.09. Crude oil prices were down at trading start on Friday as investors focused on talks between the U.S. and China in the hope that...

British MPs on Saturday said they were "deeply troubled" by reports that Japanese car manufacturer Nissan is cancelling plans to build its X-Trail SUV in Britain despite Brexit assurances from the government. Nissan is set to announce on Monday that it has changed plans to build the vehicle...