BENGALURU, April 2 Reuters BMW Group and Tata Technologies will form a joint venture to develop automotive software for the German luxury carmaker, the Indian engineering services company said on Tuesday. India is a software development hub for global automakers and auto parts makers including Volvo and Magna International, while also witnessing rising investments from companies including Toyota Motor and Mercedes […]

VIENNA, April 1 Reuters Viennabased fireproof materials maker RHI Magnesita plans to buy Resco Group, a U.S.based producer of alumina and refractories for an enterprise value of up to 430 million, the companies said. RHI Magnesita said in a statement the acquisition would continue its growth in aluminabased refractories by providing U.S. customers with an improved […]

MEXICO CITY, April 1 Reuters Mexican retailer and lender Grupo Coppel plans to invest more than 12 billion Mexican pesos 726 million this year to boost its store network and reduce its environmental footprint, it said in a statement on Monday. The company, owned by the billionaire Coppel family, said it would remodel some of […]

BENGALURU, April 1 Reuters Indian airline Vistara said on Monday it was forced to cut a number of flights as it was dealing with a shortage of pilots and crew. We have had a significant number of flight cancellations and delays in the past few days due to various reasons including crew unavailability, a company […]

BEIJING, April 1 Reuters China Southern Airlines, on Monday launched its first flight between Beijing and Macau and said it plans to add 17 international routes, in a sign it expects a pickup in international travel this year. The airline said at an event in Beijing the routes would be launched in the coming months […]