Page 1366 - Reuters

Gamblers back Musk's Tesla as Cybertruck orders inch closer to 250,000

At the launch last week, Musk showed a video of the Tesla vehicle winning a tug of war and dragging a Ford truck uphill

Probe finds Tata Steel, SKF, Schaeffler units colluded on bearings prices

Competition Commission of India (CCI) began an investigation in 2017 after receiving allegations of five companies colluding on bearings prices from 2009-2014.

Analysts raise Asian firms' 2020 earnings forecast on better US-China ties

Refinitiv data showed analysts raised estimates for large and mid-cap firms by 0.8% over the past month. They now expect earnings to grow 13% in 2020

DHL Group to launch zero-emission electric delivery in US by 2020

Over the last three years, DHL has kicked off "CO2-free last mile delivery" efforts with German cities like Berlin, Hamburg and Munich.

Facial recognition at Chaayos sparks calls for data protection law

Customers at Chaayos complained about the camera technology they said captured images of them without their consent, with no information on what the data would be used for, and no option to opt out

Landslide democratic win is adding pressure on Hong Kong's leader

The likelihood of Beijing offering any new concessions in the short term remains slim, observers say, given the tough line taken so far.

Microsoft granted licence to export 'mass-market' software to Huawei

The administration of U.S. President Donald Trump said this week it would allow some suppliers to restart sales to the Chinese telecoms giant

Unilever, Henkel and buyout funds eye bids for Coty's $7 bn beauty brands

Colgate-Palmolive Co is also looking to enter the bidding race for Coty's portfolio which focuses on professional hair and nail care products including Wella, Clairol, GHD and OPI

Telefonica inks contract to use AT&T last mile network in Mexico

Both companies compete in Mexico with America Movil, the company controlled by billionaire Carlos Slim, which has long dominated the telephone market in Latin America's no. 2 economy

Wall Street muted on doubts over progress in US-China trade deal

The U.S. House of Representatives passed two bills to back protesters in Hong Kong and send a warning to China about human rights, a measure which angered Beijing

Exxon aims to sell $25 billion of assets to focus on mega-projects: Report

The sell-off would be a marked acceleration of the US oil major's previous divestment plans.

US grants final nod for expanded Delta, Air France, Virgin, KLM JV

The expanded joint venture replaces two previously approved arrangements in the US-United Kingdom and US-Continental Europe markets

Trump ex-Russia adviser Fiona Hill slams Ukraine talk, says it's fictional

Some Republican members of the Democratic-led committee, which is leading the impeachment inquiry, have advanced a discredited conspiracy theory

Oil price rises on hopes of OPEC cut extension, US-China trade talks

The Wall Street Journal also reported on Thursday that China had invited top U.S. trade negotiators for a new round of talks in Beijing, citing unnamed sources.

Tesla picks a fight with Detroit by going after the pickup market

As Musk pushes to take a bite of Detroit's profits, Ford and larger rival General Motors Co are gearing up to challenge Tesla more directly with new offerings like the Ford Mustang Mach E electric SUV

World stocks, dollar slip as reports kindle US-China trade deal hopes

The latest news on the trade deal came after a series of headlines earlier this week that suggested ongoing talks were unraveling

WeWork lays off 2,400 employees globally to cut cost, stabilise business

The laid off employees will receive severance, continued benefits, and other forms of assistance to aid in their career transition.

Trump wants Apple to develop communication infra for 5G wireless in US

Trump met Cook on Wednesday during his visit to Apple's upcoming campus in Texas, in the latest sign of a close relationship between two of America's most powerful men.

Aramco IPO: Institutional tranche gains $17 bn in orders, says Al Arabiya

The retail portion of the planned deal had received 10 billion riyals, it also said.

Fiat Chrysler shrugs GM lawsuit, says confident of Peugeot deal by Dec

PSA declined to comment on the lawsuit and any potential impact on the merger talks.