Finance

Takata Bankruptcy Filing Due on Monday

June 22, 2017 at 12:53 PM

Airbag maker Takata Corp. will file for bankruptcy protection in Tokyo on June 26, sources tell Reuters.

Takata Shares Plunge as Reported Bankruptcy Looms

June 22, 2017 at 1:15 AM

Shares in Takata Inc. plummeted more than 50% in early trading on the Tokyo Stock Exchange today over expectations that the airbag maker will file for bankruptcy this week.

Tata Ponders IPO for Jaguar Land Rover Unit

June 19, 2017 at 4:33 PM

Tata Group, whose Tata Motors Ltd. unit acquired Jaguar Land Rover Ltd. in 2008, is evaluating a plan to launch an initial public offering for the British luxury-car maker, sources tell Bloomberg News.

Tata Ponders IPO for Jaguar Land Rover Unit

June 19, 2017 at 4:29 PM

Tata Group, whose Tata Motors Ltd. unit acquired Jaguar Land Rover Ltd. in 2008, is evaluating a plan to launch an initial public offering for the British luxury-car maker, sources tell Bloomberg News.

Takata Ready to File for Bankruptcy

June 16, 2017 at 12:04 AM

Airbag supplier Takata Corp. will file for bankruptcy protection in Japan and the U.S. within the next few weeks, according to media reports.

BMW Invests in Proterra Mass-Transit Supplier

June 13, 2017 at 10:57 AM

BMW AG says its i Ventures unit has made an unspecified investment in Proterra Inc., a California-based builder of heavy-duty electric mass transit buses.

Autoliv Predicts a Surge in Its Airbag Business

June 09, 2017 at 12:43 PM

Autoliv Inc. says its sales should jump from $10.1 billion last year to more than $12 billion by 2019 as it gains airbag orders from former customers of struggling supplier Takata Corp.

Uber Narrows Losses as Revenue Rises

June 01, 2017 at 11:44 AM

Uber Technologies Inc. reports its first-quarter net loss shrank to $708 million from $991 million in October-December.

Shareholder Advisers Back GM’s Objection to Dual Stock Scheme

May 29, 2017 at 3:23 AM

General Motors Co. has picked up support from two shareholder advisory services for rejecting a proposed plan by activist David Einhorn to split GM stock into two classes.

Aston Martin Posts First-Quarter Profit

May 24, 2017 at 5:56 PM

Aston Martin Lagonda Ltd. reports a pretax profit for January-March of £6 million ($8 million), its first money-making result for the period in 10 years.

Moody’s Cuts China Debt Rating

May 24, 2017 at 12:56 AM

Moody’s Investor Services has lowered its rating on China’s debt by one notch to A1 on worries about the country’s rising debt and slowing economic growth.

Aston Martin May Consider an IPO Next Spring

May 19, 2017 at 12:22 AM

British luxury carmaker Aston Martin Lagonda Ltd. may decide as early as next spring to launch an initial public offering in London, sources tell Bloomberg News.