Business News

Here are some of the key events in Tesla Inc’s turbulent history as a public company.

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Emirates airline [EMIRA.UL] expects a single-digit percentage increase in its U.S. capacity in 2018, a company executive said on Friday, as sales rebound after travel restrictions imposed by the Trump administration weakened demand from the Middle East early last year.

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U.S. President Donald Trump’s proposal to double tariffs on steel and aluminum from Turkey could push up costs even further for domestic oil and gas pipeline projects, as energy executives said they were already struggling from earlier tariff rises.

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U.S. stocks slid on Friday as a deepening economic crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global economies.

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A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets like the yen and U.S. government bonds.

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Emirates Airline [EMIRA.UL] expects a single-digit percentage rise in its U.S. capacity in 2018, as the market rebounds after travel restrictions imposed by the Trump Administration weakened demand from the Middle East early last year, a company executive said on Friday.

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U.S stocks fell on Friday as a deepening crisis in Turkey dragged on bank stocks and triggered fears that it could spread to other global economies.

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German carmaker BMW on Friday said around 400 BMW X4 vehicles, built in Spartanburg South Carolina, are being withheld from delivery to Chinese customers until a potential brake problem has been fixed as part of a global safety recall.

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Heineken NV , the world’s second-largest beer maker, is considering closing two factories in northeastern Brazil as “an extreme measure” after a court ordered the company to sell beer and soft drinks in the region at a money-losing price, the company said on Friday in a statement.

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U.S stocks slid on Friday, with banks taking the biggest hit, as concerns over Turkey’s economy and its deepening rift with the United States roiled stock markets around the world.

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The number of Tesla Inc shares sold short has rebounded and are now higher than before CEO Elon Musk proposed on Tuesday taking the electric car maker private, according to data from financial technology and analytics firm S3 Partners.

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SIG Combibloc is on track to announce in September its intention to float on the stock market in Zurich, three sources familiar with the matter said, in a listing that could value the Swiss packaging maker at close to 5 billion euros ($5.7 billion).

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A plunge in the Turkish lira rocked global equities and emerging markets on Friday and fear of more turmoil sent investors scurrying for safety in assets like the yen and U.S. government bonds.

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Saudi Aramco appointed Khalid al-Dabbagh as senior vice president of finance, strategy and development, effective Sept. 1, the company said in a statement on its website on Friday.

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The Federal Reserve said Friday it had fined Citigroup $8.6 million over shoddy mortgage documentation practices at a subsidiary.

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