
China may build more vehicles than Europe next year for the first time in the history of the automotive industry.

China may build more vehicles than Europe next year for the first time in the history of the automotive industry.

Ratan Tata, an iconic corporate leader , retired as Chairman of Tata Group after a 50-year run on Friday but kept away from office on his last day at the helm of one of country's oldest business empires.
Tata, who turned 75 on Friday, is in Pune for his birthday, sources at Bombay House, headquarters of the salt-to-software conglomerate, said, adding there was no clarity on whether he would visit his office later in the day.

Blackberry-maker Research in Motion (RIM) has seen its profits plunge, and reported the first fall in quarterly subscription numbers in the company's history.

The goverment of Kazakhstan plans to invest up to €2.5 bln in building a single network of petrochemical production at the Atyrau oil refinery, one of the country’s largest.

Fitch Ratings upgraded Kazakhstan's investment-grade currency ratings by a notch to reflect the Central Asian country's improved balance sheet, low government debt levels and healthy growth prospects.