Volkswagen will take a hit of around 2.5 billion euros ($3 billion) to its third-quarter results because a program to buy back or retrofit diesel engine cars in North America is proving more complex and time-consuming than expected, it said on Friday. Its shares dropped after the...

(Eqtsad)- Following the battles regime forces and Iranian militias supported by Russian air force fought against ISIS in the eastern Homs countryside, the regime began to reap outcomes of those battles and the price of lives that were lost during the battles in its ranks through the...

Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP, overcoming a key - albeit not its last - hurdle as it scrambles for funds to stave off a potential delisting. The sale of the unit - the world’s...

President Donald Trump proposed on Wednesday the biggest U.S. tax overhaul in three decades, calling for tax cuts for most Americans, but prompting criticism that the plan favors business and the rich and could add trillions of dollars to the deficit. The proposal drew a swift,...