Tesla Inc has signed an agreement with the Shanghai government for an 860,000 square meter plot of land to build its first overseas Gigafactory, the electric carmaker said in a Chinese social media post on Wednesday.
Statements by the United States that it would reduce Iran’s oil exports to zero are a “political bluff”, the head of state-run National Iranian Oil Company (NIOC) said, according to a report published by Tasnim news agency on Wednesday.
A hard Brexit could ground Ryanair planes for up to three weeks but would be survivable for the Irish budget airline, CEO Michael O’Leary said ahead of a meeting of European Union leaders in Brussels on Wednesday.
The chief executive of French bank Societe Generale has canceled his attendance at a Saudi Arabia investment conference, as leading business executives pull out amid widespread concern about the fate of a Saudi journalist.
Danske Bank said on Wednesday it had dropped plans to appoint Jacob Aarup-Andersen as chief executive after the Danish Financial Supervisory Authority (FSA) said a candidate with more experience was needed.
Ryanair does not expect to grow in Germany next year, after closing its bases in the northern German city of Bremen and at Weeze near Duesseldorf, Chief Executive Michael O’Leary told Reuters on Wednesday.
OPEC has urged its members not to mention oil prices when discussing policy in a break from the past, as the oil producing group seeks to avoid the risk of U.S. legal action for manipulating the market, sources close to OPEC said.
The U.S. Trade Representative’s office told Congress on Tuesday it intends to open trade talks with the European Union, the United Kingdom and Japan.
Volkswagen Group , Fiat Chrysler and Renault led a 23.4 percent European car sales decline in September, the main regional industry body said on Wednesday, as automakers continued to suffer from the introduction of tougher new emissions tests.
Japan’s Fujifilm Holdings Corp has won an appeal in its legal battles with Xerox Corp , with a New York court overturning preliminary injunctions requested by an activist investor that had blocked their planned merger.
Chinese search engine Baidu Inc has become the first Chinese company to join an artificial intelligence (AI) ethics group led by top U.S. tech firms, amid wider political clashes over AI competition between China and the United States.
Asian equities got some welcome relief on Wednesday after upbeat U.S. earnings reports drove a rebound on Wall Street and helped restore a little faith in emerging market stocks and currencies.
The Chinese city of Zhoushan is in talks with oil major Exxon Mobil Corp to build a $7 billion ethylene plant in the city south of Shanghai, it said in a statement released on Wednesday.
Even as crude prices hover near four-year highs, U.S. oilfield service firms’ third-quarter results due out in coming days will reflect a shaky recovery, as their customers face drilling constraints and pressure to hold down spending.
Fujifilm Holdings Corp has won an appeal in its legal battle with Xerox Corp , with a U.S. court overturning preliminary injunctions requested by activist investors that had blocked a planner merger.
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