Business & Finance News
Elon Musk considers taking Tesla private
Elon Musk is considering taking Tesla Inc private, he tweeted on Tuesday.
Business & Finance News
Elon Musk is considering taking Tesla Inc private, he tweeted on Tuesday.
Saudi Arabia’s sovereign wealth fund, overseen by Crown Prince Mohammed bin Salman, has built a significant stake in Tesla Inc, the Financial Times reported on Tuesday, citing people with direct knowledge of the matter.
German luxury carmaker BMW is recalling about 324,000 diesel vehicles in Europe to fix a technical fault that has caused engine fires in South Korea, German newspaper Frankfurter Allgemeine Zeitung (FAZ) said.
U.S. job openings held near record highs in June amid a modest decline in hiring, pointing to further tightening labor market conditions, which economists hope will soon spur faster wage growth.
The benchmark S&P 500 was within striking distance of a record high on Tuesday, powered by gains in technology stocks, with a strong second-quarter earnings season fueling optimism about the strength in the U.S. economy.
China’s HNA Group Co Ltd is in advanced talks to sell a 30 percent stake in aircraft lessor Avolon Holdings Ltd to Japan’s Orix Corp , two sources said, as the company attempts to restructure and trim stakes even in its core assets.
Equity markets around the world climbed to approach a six-month high on Tuesday, buoyed by a rebound in Chinese stocks, while corporate earnings helped push Wall Street’s benchmark S&P 500 index towards record levels.
Italy’s UniCredit has stopped using Facebook for advertising and marketing campaigns and will not do so again until the U.S. giant improves its ethical standards, the bank’s CEO said on Tuesday.
The benchmark S&P 500 was within striking distance of a record high on Tuesday, powered by gains in technology stocks, and a strong second-quarter earnings season fueled optimism about the strength in the U.S. economy.
U.S. stocks opened higher on Tuesday, with the S&P 500 within striking distance of a record high, lifted by gains in technology stocks.
U.S. stock indexes were set to open higher on Tuesday as energy shares gained on the back of higher oil prices.
World shares edged toward a six-month high on Tuesday, as the biggest jump in Chinese stocks for over two years and a sharp rally in Europe’s oil and mining firms set Wall Street up for more gains.
U.S. stock index futures rose on Tuesday as strong corporate earnings lifted sentiment and higher oil prices helped energy shares.
Activist investor Carl Icahn on Tuesday urged Cigna Corp shareholders to vote against the health insurer’s $52 billion purchase of Express Scripts Holding Co , citing regulatory hurdles and the growing threat of Amazon.
India doubled the import tax on more than 300 textile products to 20 percent on Tuesday as the world’s biggest producer of cotton tries to curb rising imports from China.
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