UAE launches $45 bn investment to boost refineries

Abu Dhabi National Oil Co. on Sunday announced a $45-billion ($38-billion-euro) investment to modify an existing facility into one of the world's largest integrated refining and petrochemicals plants.

VW 'contests' report boss knew of diesel cheating risk

German carmaker Volkswagen rejected Sunday a report that chief executive Herbert Diess knew of the financial risks from the firm's massive diesel cheating earlier than he has so far acknowledged.

Airbus, Boeing fly into lucrative services market

Airbus and Boeing may have built their global success on the back of the transcontinental airliners but they are now eyeing a lucrative if rather less glamorous side of the aviation sector in their battle to dominate the ...

ZTE woes loom as US-China trade tensions rise

With a major Chinese smartphone maker on the rocks following US sanctions, the trade spat between Washington and Beijing appears to be taking a turn for the worse for tech firms in the two global economic powerhouses.

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