Volkswagen CEO's days appear numbered as emissions crisis deepens

The CEO was due to have his contract extended at a supervisory board meeting on Friday, but is now facing questions over why the scandal wasn't averted. Martin Winterkorn's days as head of......

5 value stocks to buy NOW

The stockmarket continues to be volatile after the Sensex touched a low of 15,332.42 on 22 January 2008, a drop of over 25 per cent from the top. It was a harsh reminder to investors to stay away......

Detroit looks uneasily to the east

Most of the time, the shift in the business world's axis away from the US and towards Asia proceeds gradually enough to be imperceptible. This week there was a lurch. It was noticeable in New York,......

DaimlerChrysler to buy 26% in Sutlej Motors

DaimlerChrysler AG of Germany has taken a call option to buy 26% in Jalandhar-based bus body builder Sutlej Motors. The proposal was recently cleared by the Foreign Investment Promotion Board......

Williams sign up to Ecclestone's F1 plan

Bernie Ecclestone's plans for the future of Formula One received a major boost on Wednesday when former world champions Williams confirmed their support. Williams join Ferrari, Midland/Jordan, Red......

Ecclestone settles dispute with banks

A group of three banks has wrested control over the companies controlling Formula One's commercial rights from supremo Bernie Ecclestone, the German state bank BayernLB said.In a settlement agreed......