Japanese labor unions said they clinched their biggest raises in years as Prime Minister Shinzo Abe calls for companies to boost wages to help put the world’s third-largest economy on a path to sustainable growth.
Volkswagen AG may sell more than 10 million vehicles in 2014, four years earlier than planned, as Europe’s largest carmaker accelerates model introductions in a strategy to overtake Toyota Motor Corp. as the industry leader.
Deutsche Bank AG’s finance chief said he expects profit at banks to rise in 2015, while UBS AG Chief Executive Officer Sergio Ermotti said Europe needs more reforms for earnings at the continent’s lenders to recover.
When Philip Blackwood of Lincroft, New Jersey, bought his Tesla Model S electric sedan from Tesla Motors Inc. about a year ago, a big selling point was how he did it: online and direct from the California company.
Tesla Motors Inc., preparing to sell electric cars in China as it fights auto dealers in the U.S., is hiring a veteran of Carlos Ghosn’s Renault SA-Nissan Motor Co. alliance to manage its marketing and message.
Canadian Prime Minister Stephen Harper has stressed the need to diversify his country’s exports away from the U.S. since taking power in 2006. One deal at a time, he’s piecing together access to markets for Canadian exports equal to more than half the world economy.