TOKYO (Reuters) - Japanese chipmaker Renesas Electronics Corp plans to sell off loss-making operations and cut its payroll by at least 12,000, a source close to the matter told Reuters on Saturday, as the company battles high costs and nimbler foreign rivals. Sources also … More »Renesas aims to sell chip plant, shed 12,000 jobs - source
TOKYO (Reuters) - Struggling Japanese chipmaker Renesas Electronics Corp is planning to … More »Japan's Renesas eyes 14,000 job cuts, …
TOKYO (Reuters) - Struggling Japanese chipmaker Renesas Electronics Corp is planning to … More »Japan's Renesas eyes 14,000 job cuts, …
TOKYO (Reuters) - Struggling Japanese chipmaker Renesas Electronics Corp is planning to slash as many as 14,000 jobs and sell a major semiconductor factory in Japan to Taiwan Semiconductor Manufacturing Co , the Nikkei newspaper reported. Renesas, the … More »Japan's Renesas eyes 14,000 job cuts, chip plant sale - Nikkei
To make your journey around the capital as smooth and safe as possible, London’s transport operator TfL has issued some guidance on how to travel efficiently during the four-day holiday. More »Diamond Jubilee 2012: London travel advice over the bank holiday
More parking tickets than ever are being issued by local councils despite a cutback in the number of traffic wardens on the beat. More »Councils Giving Out More Parking Tickets
LONDON (Reuters) - British Airways-owner IAG said its joint business with Japan Airlines had received competition clearance, allowing the pair to cooperate commercially on flights between Europe and Japan. IAG, formed by the merger of BA and Iberia, on … More »BA-Japan Airlines joint business cleared
Toyota said Friday it will roll out a number of new compact cars priced around $12,500 in developing nations, targeting sales of more than one million of the models annually in emerging markets by 2015. More »Toyota making eight new models for emerging markets
Toyota said it would roll out a number of new compact cars priced around $12,500 in developing nations, targeting sales of more than one million of the models annually in emerging markets by 2015. More »Toyota making eight new models for emerging markets
German automaker BMW said on Thursday it would appeal a Swiss fine of 156 million francs (130 million euros, $163 million) imposed after competition authorities said the company prevented the Swiss from buying its cars abroad. More »BMW to appeal $163 mn Swiss competition fine
CANNES, France (Reuters) - Cars talk, a man is married to a monkey and Kylie Minogue contemplates suicide in "Holy Motors", easily the oddest movie in competition at the Cannes film festival screened so far this year. Directed by French film maker Leos … More »Holy Motors! Minogue, Mendes in madcap Cannes movie
TOKYO (Reuters) - Mazda Motor Corp , maker of one of history's most iconic two-seater convertibles, and Fiat SpA are teaming up to produce a new generation of sports cars to revive their flagging fortunes. Automakers around the world have been forging … More »Mazda, Fiat tie up on sports cars, may strengthen link
FINALE EMILIA, Italy (Reuters) - Thousands of people in northern Italy slept in tents and cars overnight as more than 100 aftershocks rocked the area hit by a magnitude 6.0 earthquake that killed seven people and inflicted heavy damage to centuries-old … More »Aftershocks rattle Italy, residents sleep outdoors
Several thousand Italians were sheltering in cars and makeshift tent cities Monday as a series of aftershocks rattled towns across the northeast after a strong quake killed six people. More »Aftershocks hit Italy quake zone as 4,000 seek shelter
KHARTOUM (Reuters) - Sudan will allow foreign exchange bureaux and banks to trade dollars at a level close to the black market rate, effectively devaluing the pound, a senior banking official said on Friday. Sudan's economy has been battered since the … More »Sudan set to devalue pound amid oil crunch
UNITED NATIONS (Reuters) - Ten thousand rolls of tobacco, 12 bottles of Sake, and a handful of second-hand Mercedes-Benz cars are among the latest reported breaches by North Korea of a U.N. ban on luxury goods sales to the reclusive state, according to … More »North Korea evading U.N. luxury goods ban to smoke, drink, drive - panel
Raising the motorway speed limit to 80mph will cost society an extra £1 billion a year, campaign groups have warned. More »80mph limit 'will cost £1bn a year'
MOSCOW (Reuters) - Russia, the world's largest oil producer, faces domestic fuel shortages after authorities restricted the transport of crude oil by rail, forcing several refiners to cut production, industry and market sources said. Analysts estimate … More »Russia faces fuel crisis after railway wagon ban
Crime on Britain's railways has fallen for the eighth successive year, according to statistics. More »Figures show fall in railway crimes
Dublin airport has warned it will take two months to bring its security measures into line with new European rules. More »Airport warns over security moves
LONDON (Reuters) - The stock market slumped to its lowest level this year on Monday and looked poised for further falls, with cheap valuations unlikely to lure back investors while concerns persist over Europe's debt and the health of the global economy. … More »FTSE plumbs 2012 lows, more weakness seen
A taxi watchdog has warned drivers to stop using additional green lights on car roofs amid concerns they advertise nationality. More »Taxi drivers warned of extra lights
CHONGQING, China (Reuters) - Frank Chuang proudly surveys his immaculate new car plant as partly assembled versions of the Ford Focus travel down the production line. Glancing at the small cars in the massive manufacturing complex in the city of Chongqing … More »Far behind rivals, Ford tries to play catch-up in China
Motorways are not safe enough to cope with raising the speed limit from 70mph to 80mph, according to a report. More »M-ways 'not safe' for 80mph limit
Rising motoring costs are causing almost half of drivers to make fewer journeys, according to a survey. More »Fuel tax reduction tops driver poll
PARIS (Reuters) - Francois Hollande will arrive at his first appearance as French president in one of Citroen's flagship cars, handing the struggling company some welcome television exposure. Hollande has picked out a hybrid from PSA Peugeot Citroen's … More »Hollande's DS ride foreshadows auto industry test
Poor transport connections are holding UK companies back from exporting, a survey has claimed. More »Poor transport 'hitting exports'
DETROIT (Reuters) - Carroll Shelby, designer of the Shelby Cobra and other sports cars that placed him in the pantheon of auto industry legends, has died at age 89, his company said on Friday. He died on Thursday at Baylor Hospital in Dallas, according … More »Carroll Shelby, father of Cobra sports car, dies at 89
DETROIT (Reuters) - Carroll Shelby, designer of the Shelby Cobra and other sports cars that placed him in the pantheon of auto industry legends, has died at age 89, his company said on Friday. He died on Thursday at Baylor Hospital in Dallas, according … More »Carroll Shelby, father of Cobra sports car, dies at 89
One in five cars fail their first MOT, according to a study, with French and US brands performing the worst. More »Study: One In Five Cars Fail First MOT Test
LONDON (Reuters) - Consumer morale in Britain worsened in April as people became more worried about the availability of jobs and shied away from buying big-ticket items like cars, a survey by lender Nationwide showed on Friday. The figures chime with … More »Consumer morale takes a knock in April - Nationwide
The Government's austerity measures are "putting lives at risk" on the roads, a parliamentary advisory group has said. More »Budget cuts 'putting lives at risk'
LONDON (Reuters) - Consumer morale in Britain worsened in April as people became more worried about the availability of jobs and shied away from buying big-ticket items like cars, a survey by lender Nationwide showed on Friday. The figures chime with … More »Consumer morale takes a knock in April - Nationwide
LONDON (Reuters) - Consumer morale in Britain worsened in April as people became more worried about the availability of jobs and shied away from buying big-ticket items like cars, a survey by lender Nationwide showed on Friday. The figures chime with … More »Consumer morale takes a knock in April - Nationwide
(Reuters) - Britons came out in force to buy new cars in the first quarter, according to figures from top dealers, the latest signal that the car sales are resilient in the face of a return to recession for the broader economy. UK industry leader Pendragon … More »Car dealers defy downturn with growing sales
The rail regulator is to review the compensation regime between train operators and Network Rail (NR) amid claims that firms are "pocketing" tens of millions of pounds due to passengers for delays and cancellations. More »'Late train' payments to be probed
The pilot of a hot air balloon which crashed killing 10 passengers had taken cannabis, according to investigators. More »Death Crash Guides Had Taken Cannabis
BEIRUT (Reuters) - A large explosion hit cars accompanying United Nations ceasefire monitors in the southern Syrian province of Deraa on Wednesday, injuring eight Syrian guards, a pro-government news channel said. There were no reports of any U.N. observers … More »Explosion hits U.N. monitor convoy - Syria's Addounia TV
LONDON (Reuters) - Mercedes' Michael Schumacher has criticised Pirelli's Formula One tyres by saying they make him feel like he is driving on raw eggs. The seven times world champion, who has not stood on the podium since he began his comeback in 2010, … More »Schumacher says Pirelli tyres are a yolk
(Reuters) - Ferrari marked the 30th anniversary of the death of fan favourite Gilles Villeneuve on Tuesday with the Canadian's son Jacques behind the wheel of one of his cars at the Italian team's Fiorano test track. More »Ferrari marks 30th anniversary of Villeneuve death
TOKYO (Reuters) - For three years, Akio Toyoda has had to steer Toyota Motor Corp through one crisis after another, from a damaging safety recall that took up to 10 million cars off the road to last year's devastating earthquake and tsunami. Now, the … More »As sales accelerate, Toyota goes to war on waste
ROME (Reuters) - How can Italy cut its mammoth public spending? How about slashing the salaries of politicians and making them all travel on public transport? These are two common suggestions given by Italians on a website launched by Prime Minister Mario … More »Cut politicians' salaries, Italians tell Monti
Google has been granted the first licence in the US to test self-driving cars on public streets. More »Google Tests Driverless Cars On Public Roads