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Another fight is brewing in Singapore, this time over conglomerate WBL Corp. (W01.SG), right on the heels of Southeast Asia's biggest takeover battle, reflecting the city-state's new position as the region's deal capital.Singapore-based property and engineering company United Engineers Ltd. (U04.SG ) said Wednesday that it planned to bid US$545 million for the shares in WBL that it and its partners don't already own, topping a US$445 million offer made this month by Straits Trading Co. (S20.SG).United Engineers said its bid is supported by some other WBL shareholders, including Oversea Chinese Banking Corp. Group and Great Eastern Group, who together with United Engineering own 38.3% of WBL.WBL's business interests include property, technology and engineering. It also distributes such high-end automotive brands as Bentley, Bugatti and McLaren in a number of East Asian markets, including Singapore, China and Thailand. The company owns a 57% stake in Nasdaq-listed Multi-Fineline Electron...
As the average price of a gallon of regular gas varies between $3.50 and $4 nationwide, fuel efficiency remains prized among the new cars most people buy. But some d...
German car manufacturer Volkswagen AG (VOW.XE) doesn't plan to make further acquisitions for now, German daily Handelsblatt reports Friday."At the moment we are busy...
You've Got that Whip AppealYou are what you drive. Then again, you are also what you eat, what you wear -- oh, and you look like your pet. No matter what you "are," ...
Bus drivers in the Chinese city of Jinghua have been issued a spotter's guide that helps them identify badges on expensive automobiles. The guide features logos and ...
Owning a Classic CarJay Leno's multimillion-dollar collection of some 200 cars includes a 1909 Baker Electric, a 1928 Bugatti Type 37A, and a 1926 Bentley Roadster w...
What if the stories you told friends were all being recorded, to be viewed later by authorities trying to catch you in a lie?It's hardly a futuristic Big Brother dys...
Eight Ferraris, a Lamborghini and a stray Toyota Prius were among 14 vehicles destroyed Sunday as what one policeman called a “gathering of narcissists” made its way...
A Texas jury will get its hands on one of the sexiest car insurance claims ever filed.Philadelphia Indemnity Insurance Co. has accused a Texas man of borrowing $1 mi...
A legendary racing vehicle, the 1957 Ferrari 250 Testa Rossa Prototype, is likely to break the all-time world auction record for a vehicle this weekend at a Gooding ...
When it comes to insuring against life's hazards, F. Scott Fitzgerald said it best: The rich are different from you and me.Defending a fortune against the exposures ...
Do you have a classic car? If so, you're in luck. Insurance is cheaper -- and better -- than you may think.Insurance for these babied gems only runs in the low hundr...
Today a judge in Florida who is tasked with enforcing the thousands and thousands of foreclosures in his state.And Florida is certainly a problem. According to Realt...
Property and engineering company United Engineers Ltd. (U04.SG) said Wednesday that it plans to make a S$670.4 million (US$545 million) offer to buy 61.7% in WBL Cor...
Monica Houston WaeschFRANKFURT--Porsche Automobil Holding SE (PAH3.XE) said Thursday allegations in a criminal proceeding against Porsche officials in India are grou...
Volkswagen AG (VOW.XE) will increase investments to 50.2 billion euros ($64.55 billion) over the next three years despite a looming market slowdown to fuel its ambit...
India-based Tata Steel Ltd (500470.BY) Wednesday said it has opened a second aerospace service center in the Chinese city of Xi'an to serve the growing demand for ae...
Volkswagen AG said Wednesday it expects demand to continue to slow through the end of the year even as it reported a sharp rise in third-quarter net profit, boosted ...
Perhaps the best way to decide whether your car is exotic or just expensive is to try to insure it.Premiums for a $210,000 2012 Audi R8 Spyder Quattro, for instance,...
If you think Bankrate's list of 10 big-time gas guzzlers is populated with high-ticket European imports, you would be correct. Only two entries are not."Gas guzzler"...
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