World Business News

The world's biggest retailer, Wal-Mart, has reported rising quarterly profits after a solid holiday season.

Great Wall Motor has become the first Chinese carmaker to open an assembly plant in Europe as it aims to lift sales in the region.

India's Multi Commodity Exchange (MCX) has raised about 956 million rupees from 12 cornerstone investors, the company said, ahead of its initial public offering of shares that aims to raise as much as $134 million.

Mazda Motor Corp (7261.T) plans to raise 170 billion yen ($2.1 billion) in funds, 100 billion yen of which will be through a new share issue, public broadcaster NHK said on Tuesday.