Exxon owed $1.6bn by Venezuela for 2007 nationalisation

Venezuela must pay oil giant Exxon Mobil $1.6bn (£1bn) in compensation for expropriated assets, an international arbitration tribunal has decided. Exxon had claimed up to $16.6bn over the nationalisation of its Cerro Negro Project and other losses in 2007.

China Targeting Foreign Companies, American Chamber Says

China is targeting foreign companies with opaque laws and rules, according to a group representing U.S. businesses there, contributing to a deteriorating environment for investment in the nation.

Foreign firms seek action from China's new leaders

BEIJING: Foreign companies in China say they want the country's new leadership to act on pledges to reduce bureaucracy and remove investment barriers as the business climate gets tougher, the American Chamber of Commerce in China said Friday.

Spark in Sales of Cars and Trucks Drives U.S. Economy

Car sales that are running at the fastest pace in four years are poised to reverberate through the world’s largest economy as a spillover into production, profits and jobs for Americans may be starting.

Vodafone not liable for up to $4.4bn of India penalties

India's highest court has ruled that Vodafone is not liable for taxes and penalties of up to $4.4bn (£2.8bn).