Foxconn chairman Terry Gou met at the White House with President Donald Trump to discuss the status of the company's planned investment in Wisconsin, the company said Thursday.
FRANKFURT: Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.7 percent higher. Earnings before interest and taxes (EBIT) fell to 3.9 billion euros ...
Turkey will be unable to diversify oil imports quickly after the United States ended waivers on purchases from Iran, the Turkish foreign minister said on Thursday, a day after a U.S.-imposed sanctions deadline.
A U.S. senator plans to introduce legislation on Thursday to streamline regulation and permitting requirements for the development of mines for lithium, graphite and other electric-vehicle supply chain minerals, part of a plan to offset China's dominance in the space.
RIBEIRÃO PRETO, Brazil: Dozens of technology startups have flocked this week to Agrishow, Latin America's largest farm show, offering services and equipment to help farmers improve productivity as the sector further embraces high tech. These small businesses, from Brazil and abroad, offer products ...
REUTERS: Tesla Inc launched issues of new shares and debt worth more than US$2 billion on Thursday, with Chief Executive Officer Elon Musk pitching in US$10 million as the electric carmaker gave in to Wall Street pressure to bolster its cash reserves. Analysts have been predicting for months that...
SINGAPORE: There has been no disruption to the supply of fruits and vegetables from Malaysia, said the Singapore Food Agency (SFA) on Thursday (May 2), a day after a deadline for Malaysian exporters to meet a certification requirement. The May 1 deadline, imposed by the Malaysian Health Ministry ...
PARIS: European governments and companies will form an alliance for developing next-generation batteries for electric vehicles, investing five to €6 billion (US$5.6 to US$6.7 billion) in the project, the French and German finance ministers said Thursday (May 2). France's Bruno Le Maire said a ...
WASHINGTON: The US State Department allowed at least seven foreign governments to rent luxury condominiums in New York's Trump World Tower in 2017 without approval from Congress, according to documents and people familiar with the leases, a potential violation of the US Constitution's emoluments ...
UBS Group had to go to court in France to fight charges that the Swiss bank helped wealthy clients dodge taxes because it was unable to strike a reasonable settlement, Chairman Axel Weber told shareholders on Thursday.
