British no-frills airline EasyJet on Tuesday said closure of London's Gatwick Airport before Christmas caused by reported sightings of drones had cost the group £15 million ($19.2 million, 17 million euros). EasyJet said it had lost £5.0 million in revenue and taken a hit of £10...

Asian markets on Monday built on last week's rally as investors cheered a report that China had offered to eliminate its massive trade surplus with the United States, while data showed Chinese economic growth hit forecasts in 2018. Regional equities picked up where they finished Friday...

The EU saw over 15 million new passenger car registrations in 2018, the European Automobile Manufacturers' Association (ACEA) announced on Wednesday. Last year's car registrations in the EU remained more or less stable compared to 2017, according to the association. "Due to falling...

French auto giant Groupe PSA, which makes the Citroen and Peugeot brands, reported record vehicle sales Tuesday as the acquisition of General Motors' Opel unit helped offset a sharp downturn in key markets China and Iran. PSA sold 3.88 million vehicles, up 6.8 percent from 2017 when it...