American International Group has received a $1 billion commitment from Kuwait Investment Authority for AIA Group’s Hong Kong initial public offering. But the Kuwaiti sovereign wealth fund has forced AIG to lower the value of th…
Mini Cooper cars are known for their quick, precise handling, but some owners have complained of steering problems that may lead to a crash, prompting a federal investigation.
Continue reading Feds Probe Report…
Chung Sung-eun, vice chairman and chief executive of South Korea’s Kia Motors, has resigned following the recall of some 100,000 cars worldwide for a wiring defect.
Continue reading CEO of South Korea’s Kia Mot…