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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.

How LVMH sealed $16-bn Tiffany deal while ensuring complete secrecy

How LVMH managed to seal $16 billion Tiffany deal

Google must help stop illegal marketing of mini-bond schemes: UK regulator

FCA Chief Executive Andrew Bailey said the watchdog wanted web services companies, especially Google, to help it stop illegal promotions online

Sanjeev Gupta ready to buy British Steel if Chinese bid fails: Report

Gupta, who heads the privately-held GFG Alliance, has snapped up steel assets around the world and made repeated offers to buy British Steel

Alibaba's Hong Kong shares rise 6.6% from issue price on heavy trading

Alibaba is already the fifth most-traded company in New York this year, averaging $2.6 billion a day, Refinitiv data showed.

Sebi ban on Karvy over client fund misuse unnerves India's retail investors

Karvy said in a statement over the weekend that there was no "mis-utilisation" of client securities

Govt asks state-run firms to pay $1 bn dues to green power discoms: Report

Commercial banks are unwilling to lend to these firms because of their high outstanding debt

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.