Volkswagen shares drop as company searches for growth

Carmakers around the world have struggled in the last few years as they face the challenges of increasing competition from low-cost manufacturers in Asia, changing consumer preferences linked to high petrol prices, and stagnant markets in crisis-hit Europe and America. While US car makers have found it hard to adapt to changing preferences, European manufacturers … Read more

Strong Tesla results, Facebook deal boost US markets

In an interesting sign of how the US stock market is evolving in the post-industrial age, much of today’s strong stock performance was driven by the strong results delivered by innovative electric car company Tesla Motors, and by Facebook’s announcement of its multi-billion dollar acquisition of messaging service WhatsApp. While positive manufacturing data also played … Read more

Coke revenue misses estimates as soda sales slow

For the 120-odd years that the Coca-Cola Company has been around, the soda business has been a solid, profitable industry. Sugary drinks are delicious, refreshing, and (especially when mixed with caffeine) addictive – they sell themselves. But in the last few years, the soda biz has begun to experience adversity thanks to the global obesity … Read more