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Keeping his friends close: Musk learns from partners, then does it alone

Musk's goal has been to learn enough - from partnerships, acquisitions and talent recruitment - to bring key technologies under Tesla's control

Trump raises questions about TikTok-Oracle deal if ByteDance ties remain

Trump had previously threatened to ban the app unless its US operations were sold to a US company and the US government received a share of the proceeds

Facebook says it will no longer show health groups in recommendations

The social media giant said it was crucial that people get health information from "authoritative sources"

GM faces unexpected bills as India-China tensions delay sale of India plant

GM stopped selling in the world's second most populous nation at the end of 2017 after years of low sales but the factory continues to build vehicles for export

OPEC+ calls for compliance with oil cuts, Saudi says not an act of charity

OPEC and its allies, led by Russia, pressed for better compliance with oil output cuts on Thursday against the backdrop of falling crude prices as uncertainty reigns over the global economic outlook

ByteDance says China will have to approve TikTok's proposed Oracle deal

China will need to approve ByteDance's proposed deal with Oracle Corp for its TikTok app, the company has said on Thursday, indicating how its bid to stave off a ban in US could be further complicated

Global economic recovery may take five years: World Bank chief economist

The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank's chief economist Carmen Reinhart said on Thursday.

Automakers should cut royalty payments to foreign parent firms: Official

Indian carmakers should reduce royalty payments to foreign partners to bring down costs instead of seeking tax cuts, a finance ministry official said on Thursday

OPEC+ panel to meet to discuss output cuts, oil price decline amid Covid-19

OPEC and allies are scheduled to hold an online meet to discuss compliance with their agreed output cuts and demand trends amid falling oil prices and a faltering economic recovery outlook

ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: Report

Kuaishou has hired Bank of America, China Renaissance and Morgan Stanley to work on the IPO and is looking to file for the float as soon as the end of October

Japan government contacted Toshiba shareholders before AGM: Report

The revelations raise further questions about interference in governance at Toshiba, following calls for an investigation into uncounted votes at the contentious July 31 shareholder meeting

Gold drops 1% as dollar rises after US Fed's upbeat economic view

Spot gold was down 1.1% to $1,938.12 per ounce by 0321 GMT. U.S. gold futures slipped 1% to $1,951.30

LG Chem plans to separate electric car battery business as a new company

South Korea's LG Chem said it plans to separate its battery business as a new company in December

Asian airlines turn to 'flights to nowhere' to get travellers back in skies

Tough border restrictions to keep the coronavirus under control have led to a 97.5% plunge in international travel in the region, according to the Association of Asia Pacific Airlines

Huawei smartphone prices soar up in China on fears of chip shortage

By David KirtonThe Porsche design model of Huawei's flagship Mate 30 was selling for 14,000 yuan ($2,067), from 10,000 yuan in January, one vendor said

Oil steady as demand worries revive, crews return to US Gulf rigs

rent crude futures gained 5 cents, or 0.1%, to $42.27 a barrel, after climbing 4.2% on Wednesday

Electric vehicle charge network ChargePoint nears deal to go public: Report

The deal for ChargePoint could value the company at more than $2 billion and be announced as early as next week

Buffett-backed Snowflake's value doubles in market's largest software debut

Snowflake shares started trading at $245 apiece on Wednesday, more than double its $120 IPO price, and closed up 111% at $253.93 to value it at over $70 billion

New Zealand economy in deepest recession as second-quarter GDP shrinks

The Reserve Bank of New Zealand had forecast a quarterly and annual GDP decline of 14% in its August statement

BOJ to hold fire, signal resolve to work closely with Suga's new cabinet

The BOJ board may also debate how the Federal Reserve's recent shift towards a policy focusing more on jobs