F1 manufacturer McLaren is applying its world-class expertise to new markets — and not just racing cars.
European car sales have fallen for the 12th consecutive month and are heading for a double-digit decline this year.
BP has set aside a further $847-million to pay for the Deepwater Horizon disaster, raising the potential cost to $38-billion.
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/ 13 January 2012
UK-based carmakers making a fortune from emerging markets’ penchant for luxury vehicles.
Based on sales figures for the year to date, the Japanese car manufacturer is no longer king.
The global airline industry was predicted to soar to a profit of nearly $9-billion in 2010 — compared with a loss of some $10-billion in 2009.
Canberra has proposed that a carbon dioxide reduction target is set for airlines as part of the treaty that will emerge from the Copenhagen summit.
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/ 11 February 2009
Glut expected on market as demand plummets for 2008’s must-have executive perk.
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/ 9 December 2008
North America is not the only significant car market affected by a recent slump in sales.
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/ 7 December 2008
The $326-billion rescue of Citigroup was, some investors hoped, a turning point.