Fiat Chrysler on Sunday announced it was creating 2,000 jobs in the United States, coming as President-elect Donald Trump has been publicly scolding automakers for investing in Mexico.

The American-Italian firm will invest $1 billion by 2020 in two of its factories in the Midwestern states of Michigan and Ohio, where the new jobs will be based, the company said in a statement coming on the eve of the Detroit auto show.

The global auto industry on Monday was bracing for more confrontational tweets from President-elect Donald Trump, with the festive Detroit auto show due to kick off here.

As their smartphone screens lit up with ride requests last month, Uber drivers in the Moroccan city of Casablanca must have thought that business was booming.

As belly dancers sway to the music of an Egyptian band playing at a young girl's birthday party, the guests count their cash to add to the pot.

Donald Trump has not yet taken office, but he is already boasting that his election has restored confidence in the American economy, boosted confidence and saved jobs.

With a series of tweets, he has singled out several major companies and demanded they bring factories back to the United States to boost manufacturing and employment.

Iran is to take possession of the first aircraft this week in a huge order from Airbus placed after the lifting of international sanctions, state carrier Iran Air said Sunday.

The U.S. oil industry is feeling guarded optimism going into 2017 as it pivots from a brutal two-year slump prompted by crashing crude prices.

As the new year kicks off, industry insiders describe a tentative recovery, with some low-cost drilling basins starting to pick up even while others remain depressed. 

China on Friday hiked the yuan against the dollar in its biggest one-day increase since 2005, after the greenback fell against leading currencies the previous day. 

Qatar Airways has renegotiated an order with Airbus to take delivery only of larger A321 planes, not A320s as originally planned, the Gulf carrier's chief executive said on Thursday.

Ukraine's prime minister said Thursday the local currency would gain around 30 percent of its value should the ex-Soviet country become energy self-sufficient as the government plans by 2020.