Business

Renault risks 'junk' credit rating, S&P warns

French automaker Renault could see its main long-term credit rating cut to below investment grade by Standard and Poor's, the agency said Wednesday, just days after Moody's lowered its own rating to "junk" status.

Business

SoftBank Group nine-month net profit down nearly 70%

Major Japanese technology investor SoftBank Group said Wednesday its net profit plunged nearly 70 percent for the nine months to December as investments in sharing economy companies including WeWork and Uber took a hit.

Automotive

Nissan's No.3 to quit in blow to revival efforts

The senior executive in charge of plans to revive crisis-hit Nissan has decided to quit just weeks after taking the job, sending the carmaker's stock plunging more than three percent on Wednesday.

Engineering

Researchers take flight with unmanned aerial vehicles

Unmanned aerial vehicles (UAVs) are getting smarter with the help of an international team of researchers. They developed a way for multiple UAVS to fall into formation while still automatically controlling their own flight ...

Business

Air France must capitalise on home market: AF-KLM chief

Air France has resolved difficult staff relations that led to debilitating strikes and must now reposition itself in the ultra-competitive airline industry to take advantage of its home turf, according to Ben Smith, the head ...

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