Iran faced the prospect of cutbacks in its oil sales to China and Japan as new measures to block Tehran's crude exports over its nuclear program appeared to be driving its economy to the wall.

The de

Bigger is better for global automakers aggressively targeting growth in India's underdeveloped SUV market as the country's much-vaunted small car market stalls.

Ford Motor Co, Hyundai Motor Co and do

Iran announced plans on Friday to hold new naval exercises in the Strait of Hormuz next month, the latest in a series of forceful gestures in the world's most important oil shipping lane at a time whe

Middle East powerhouse Turkey on Wednesday warned against a sectarian Cold War in the region and said rising Sunni-Shi'ite tensions would be 'suicide' for the whole region.

"Let me openly say that th

A slowdown in car sales in India is seen as a passing phase and automakers expect demand to pick up once high interest rates start easing and growth in Asia's third-largest economy bounces back.

Howe

The aviation regulator is meeting executives from cash-strapped Kingfisher Airlines and Air India Express, the budget arm of state carrier Air India on Thursday, seeking an explanation on safety conce

Billionaire investor Warren Buffett will reach out to millions of Chinese in the most curious of ways: singing for the online version of China's annual Spring Festival gala.

The Berkshire Hathaway ch

Ford Motor Co on Wednesday launched the EcoSport, its new global compact sports utility vehicle, and said it will invest $142 million in the company's Chennai plant to manufacture the model for the do

India's economy will likely grow faster next fiscal year than in 2011-12 because of an improved external environment and a shift in policy focus from containing inflation to growth, a top government a

To kick sales of its ultra-low-cost Nano into higher gear, Tata Motors needs a lot more buyers like Vijay Govind Pisal, a sugar cane farmer in Ozarde in Maharashtra.

Unable to afford a big vehicle to