Markets

Tesla Inc shares were down 2per cent on Wednesday, as analysts remained divided on the electric-carmaker's chances of meeting delivery and production targets in the months ahead, despite Chief Executive Officer Elon Musk's reassurances at an annual shareholder meeting.

American Airlines Group Inc Chief Executive Doug Parker said it was "highly likely" that the grounded Boeing Co 737 MAX would be flying by Sept. 3.

OSLO: Norwegian investment firm Aker ASA aims to list its software firm Cognite on the Oslo stock market or find a merger partner for it to spur growth, AKER Chief Executive Oeyvind Eriksen said on Wednesday. Cognite, which provides digitalisation services to oil companies and other industries ...

Israel's power company has asked the makers of Fortnite to no longer allow players to scale electric poles in the popular online game, saying this risked encouraging dangerous copycat behaviour among children.

SYMPHONY Communication Services, a messaging platform backed and used by Wall Street banks, on Wednesday said it has raised US$165 million in new capital as part of its Series E funding round to bolster growth in Asia.

Ethiopia is aiming to award telco licences to multinational mobile companies by the end of the year, ending a state monopoly and opening up one of the world's last major closed telecoms markets, three people with direct knowledge of the process said.

Ford Motor Co said on Wednesday its North American unit will spend US$180 million to correct a suspension issue in Explorer vehicles.

Ethiopia is aiming to award telco licenses to multinational mobile companies by the end of the year, ending a state monopoly and opening up one of the world's last major closed telecoms markets, three people with direct knowledge of the process said.

French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government's interference at the carmaker, sources told Reuters, raising questions over Senard's future.

Messaging service provider Telegram has been hit by a "powerful" distributed denial-of-service (DDoS) attack and users in the United States and other countries may experience connection issues, the company said in a tweet https://twitter.com/telegram/status/1138768124914929664?s=20 on Wednesday.