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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

Bank of England fines Citigroup 44 million pounds for regulatory failures

BoE's banking supervisory arm, said Citigroup's UK framework for reporting data to regulators was not designed, implemented or operating effectively

US Supreme Court extends block on Donald Trump financial records dispute

He has until December 5 to file his appeal

Xerox to launch direct plea to HP shareholders in $33.5 bn takeover bid

Last week, Xerox threatened to take its bid hostile, if HP did not agree to a 'friendly' discussion and open its books before Monday

China raises $6 billion in its biggest ever international bond sale

The $6 billion total was roughly double the original target and order books

Trump says near deal with China, but US also has eye on Hong Kong

Trump prompted questions about his commitment to protecting freedoms in Hong Kong when he referred in August to its mass street protests as "riots" that were a matter for China to deal with

Gold prices edge higher from two-week lows as Sino-US trade caution lingers

Global equities edged off their highest in almost two years, but kept record levels in sight

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.

Capgemini won't be pressured into higher Altran bid than $15.43/ share: CEO

Elliott, which made waves in France last year when it revealed a stake in drinks maker Pernod Ricard, has since built a holding of more than 10% in Altran

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