TOKYO: Toyota has fallen behind Volkswagen in the race for the world's biggest automaker title, figures showed Tuesday, as the German giant outsold its Japanese rival in the first half of the year.
The Australian share market has recovered most of its earlier losses and closed just slightly down after a choppy day of trade as investors kept a close eye on China's volatile markets.
... * BP takes $9.8 bln pretax charge after $18.7 bln settlement. * Q2 net income of $1.3 billion. * BP trims 2015 spending again to grapple with low oil prices (Adds details, quotes).
Shares in Melrose Industries rose 13 per cent in early trading after it sold its Elster meter business to US industrial giant Honeywell for �3.3bn in cash.
DETROIT, July 28 General Motors Co said on Tuesday it will invest $5 billion over the next several years to develop with its Chinese partner a new family of Chevrolet vehicles aimed at fast-growing emerging markets, in the process offering investors a ...