Net profit at BMW fell 6 percent in the second quarter as it spent more on developing new technologies for electric, autonomous and digitally connected automobiles, the luxury carmaker said Thursday. Profit came in at 2.08 billion euros ($2.42 billion), down from 2.22 billion in the...

Shares in Russian aluminum producer United Company Rusal slipped 0.7 percent in early trading on the Moscow exchange Wednesday after the U.S. Treasury extended the deadline for divesting from the sanctioned company. The U.S. Treasury in April imposed sanctions against billionaire Oleg...

Turkish steelmakers are looking to expand in West Africa and other emerging markets in response to tariffs and planned quotas which threaten their sales to the United States and the European Union, a senior sector official said. Namik Ekinci, board chair for the Turkish Steel Exporters...

Iran's currency hit a record low on Sunday of 100,000 rials to the dollar amid a deepening economic crisis and the imminent return of full U.S. sanctions. The unofficial rate stood at 102,000 rials by midday, according to Bonbast, one of the most reliable sites for tracking the Iranian...