German police have detained a Porsche manager in a probe into the diesel emissions cheating scandal hanging over the luxury car brand's parent company Volkswagen. Porsche chief Oliver "Blume informed the workforce that the prosecutor of Stuttgart has taken a manager into custody",...

China announced plans Tuesday to allow full foreign ownership of automakers in five years, ending restrictions that helped to fuel its escalating dispute with U.S. President Donald Trump and strained relations with other trading partners. The change would scrap rules that require global...

Most Asian markets fell on Monday after a U.S.-led strike on Syrian targets fueled fresh concerns over the tinderbox Middle East, though analysts said investors were hopeful the crisis would not escalate. The U.S., Britain and France carried out attacks at the weekend on alleged...

The Russian ruble and shares in some of Russia's biggest companies slid lower Monday, dragged down by the threat of new U.S. sanctions and lower oil prices. Volatility on the Russian market has soared since Washington imposed fresh sanctions against Moscow on April 6, targeting major...