The company announced earlier in 2015 it wanted to open 115 new stores in China.
Meanwhile, Volkswagen's Australia unit said it will conduct a voluntary recall of nearly 100,000 vehicles equipped with emissions-rigging software.
Rebates are being offered throughout October on cars ranging from sedans to trucks.
Shanghai's granting of a license to Uber's local rival Didi Kuaidi could open the floodgates for a shake-up of China's taxi market, experts say.
The maker of beers including Peroni, Grolsch and Pilsner Urquell said it now expects to reach annualized cost savings of at least $1.05 billion by 2020.
The haze is a product of the annual burning of forests by Indonesia to make way for palm-oil tree and paper plantations.
Upwardly mobile Indians, with their smartphones and cars, are increasingly comfortable spending more on eating out. This bodes well for ambitious cafe chains.
"If you don’t make it at Tesla, you go work at Apple," the Tesla Motors CEO said, in an interview with a German newspaper.
Lyft is forging new partnerships with several companies to support its drivers and compete with Uber.
Volkswagen's U.S. boss admitted Thursday that most of the emissions-cheating cars need hardware repairs, not just software patches.
Company leaders attributed the forecast to “relatively low recognition” of Uniqlo's brand in the U.S. and continuous losses at its American stores.
A California lending company, founded by three ex-Googlers, is trying to help borrowers in their 20s and 30s secure more affordable loans, but their methods are under scrutiny.
The Canadian Department of Defense said hacking a truck is a concern because driver safety is at risk.
The agreement, details of which have not been made public, aims to avert a possible strike action by the union's approximately 40,000 members working for the company.
Michael Horn, who said he was made aware of “possible emissions non-compliance” in early 2014, will testify before a Congressional committee Thursday.
Southeast Asia's largest economy is struggling as demand for commodities is damped by China's slowdown.
North American’s largest hardwood floor seller agrees to plead guilty and pay a fine over importing Russian wood harvested illegally.
A meld of the world’s top two brewers -- Anheuser-Busch InBev SA and SABMiller Plc -- would raise antitrust questions from China to Argentina to the U.S.
Food sustainability was important but did not belong in the guidelines, the administration said.
The global rise in meat consumption and pet ownership, especially among emerging nations, has major implications for pharmaceutical companies.
If Apple were to bring its profits back to the U.S., it would owe $59.2 billion in taxes, according to a new study.
Norwegian Air hopes to get passengers across the Atlantic for $69 by 2017.
Environmentalists have fought oil exploration in the region. This reserve is 10 times larger than the average oil reserve.
The talks comes amid the company's disclosure that over 90,000 vehicles sold in Australia are equipped with software to cheat on emissions tests.
Saudi Arabian billionaire Prince Alwaleed Bin Talal and his company had invested $300 million in Twitter in 2011 before the microblogging site went public two years later.
Across Asia, energy shares closed higher, while in Europe, major indexes were up for the fourth straight session. U.S. stock futures pointed to a positive opening.
The black box of crashed Trigana Air Flight 267 will be sent to Paris facility after Indonesia failed to retrieve data inside it.
Samsung predicted its third-quarter operating profit will rise by as much as 80 percent, but the reason is not encouraging for the Korean company.
Meituan.com may merge with an app provider to take on the Chinese Internet giant, according to the Wall Street Journal.
A successful merger of the two companies would create a brewing giant worth $250 billion that would produce a third of the world’s beer.
