Business & Finance News
Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid heightened uncertainty over Brexit, a China-U.S. trade war and French protests.
A Tokyo court on Tuesday rejected ousted Nissan Motor chairman Carlos Ghosn’s appeal to end his detention following his arrest last month on allegations of financial misconduct.
Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid uncertainty over Brexit, a China-U.S. trade war, and French protests.
Daimler will buy battery cells worth more than 20 billion euros ($23 billion) by 2030 as it readies mass production of hybrid and electric vehicles, the maker of Mercedes-Benz cars said on Tuesday.
Hyundai Motor’s two vice chairmen in charge of research and development, Yang Woong-chul and Kwon Moon-sik, have offered to resign, three people familiar with the matter said on Tuesday.
Uber Technologies Inc [UBER.UL] and smaller rival Lyft are driving side-by-side on the road to a stock market debut, and that may not bode well for Lyft as investors decide where to place their bets in the ride-hailing sector.
German luxury car maker Daimler , parent company of Mercedes-Benz, on Tuesday said it would buy battery cells worth more than 20 billion euros ($22.75 billion) by 2030 as it readies mass production of hybrid and electric vehicles.
Vivendi is calling for a shareholders meeting to change the board at Telecom Italia including five members proposed by activist fund Elliott, the French media conglomerate said on Tuesday.
A top executive at Chinese telecoms giant Huawei Technologies [HWT.UL] is set to return to a Vancouver courtroom on Tuesday, as the judge weighs final issues in determining whether she should be freed on bail while awaiting extradition proceedings.
Hyundai Motor Co on Tuesday began South Korean sales of its Palisade large sport utility vehicle (SUV), a model it hopes will spearhead a sales recovery in the United States when launched in its major overseas market next year.
French media conglomerate Vivendi said on Tuesday that it would look to call upon a new shareholders meeting to change the board members at Telecom Italia and get rid of those proposed by activist fund Elliott.
U.S. private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly $800 million, people familiar with the transaction said.
Carlos Ghosn, the ousted chairman of Nissan Motor, has filed a complaint against a court decision to extend his detention following his re-arrest on fresh allegations of financial misconduct, the Tokyo District Court said on Tuesday.
Chinese shares rose on Tuesday after Beijing confirmed it was still in trade talks with Washington, but investor confidence remained fragile in Asia after Britain’s prime minister postponed a Brexit vote, sending the pound to near 20-month lows.
A Chinese court has ordered a sales ban of some older Apple Inc iPhone models in China for violating two patents of chipmaker Qualcomm Inc, though intellectual property lawyers said enforcement of the ban was likely still a distant threat.
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