World Business News

The financial health of vehicle dealers, manufacturers and importers and financiers is the best it has been in about the past 10 years, according to WesBank.

Abu Dhabi-based Bloom Properties have announced the signing of a contract for a major development along the banks of Lake Razaza in Karbala, Iraq.

FRANKFURT: Volkswagen's luxury division Audi increased sales in February by 3.2 per cent to a record 110,000 vehicles, benefiting from double-digit delivery growth in the United States and Russia.

Italian supercar maker Ferrari, has been declared as the world's most powerful brand by Brand Finance due the company's status and related qualitative parameters such as brand affection and loyalty that give Ferrari tremendous opportunity to generate revenue.