Bloomberg Oil prices, already at more than three-year highs, may be about to jump further. And, to JPMorgan Chase & Co., crude-related assets are starting to look attractive. Brent oil could spike to $80 a barrel if the US and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, JPMorgan strategists, ...

TOKYO / Reuters The truck units of Toyota Motor and Volkswagen AG are forming an alliance to bolster their market positions as commercial vehicle makers face growing costs to develop lower-emission vehicles and automated driving capabilities. The strategic tie-up of Toyota subsidiary Hino Motors and Volkswagen Truck & Bus GmbH is the latest in the global vehicle industry, where au ...

Bloomberg Jaguar Land Rover, Britain’s biggest carmaker, is poised to announce the elimination of around 1,000 posts currently filled by workers on short-term contracts as it grapples with slumping UK sales of diesel autos and uncertainty around Brexit. JLR, a unit of India’s Tata Motors Ltd., will formally announce the cuts on Monday when it reveals production plans for the ...