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FERDINAND Piech, a towering figure at Volkswagen for more than two decades, resigned as its chairman on Saturday after losing a showdown with chief executive Martin Winterkorn.

THERE was an unmistakable shift in tone in the airline industry last week as America's top carriers all reported record earnings because of lower fuel prices and strong demand for domestic air...

ASH from Chile's spewing Calbuco volcano threatened on Saturday to spell travel misery in the region and beyond after it triggered the cancellation of domestic and international flights in...

HOLDING yellow balloons and carrying banners, thousands of protesters marched in the South Korean capital on Saturday, calling for an independent probe into last year's ferry disaster...

US tyre maker Goodyear will build a half-billion-dollar factory in central Mexico that will produce six million tyres a year for customers across the Americas, the company said on Friday.

Otto Marine said on Saturday that its creditor has filed an application with the Singapore High Court to wind up the marine company over a debt of about S$1.57 million in total. The application will...